Markets and Organization

Market economy has become today the predominant economic system in the world. One of the tasks of the book is to define analytically the essential features of a market economy. The other purpose is to investigate the very working of a market economy which rests on firms defined as organizations and...

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Bibliographic Details
Other Authors: Arena, Richard (Editor), Longhi, Christian (Editor)
Format: eBook
Language:English
Published: Berlin, Heidelberg Springer Berlin Heidelberg 1998, 1998
Edition:1st ed. 1998
Subjects:
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Table of Contents:
  • 1. “What is a Market Economy ? ”
  • Consumer Sovereignty
  • “ Free “ Enterprise
  • Free Market
  • Free Competition
  • The Invisible Hand
  • Laissez-Faire
  • 2. “How Does it Work ? ”
  • Information, Institution, and Evolution
  • New Institutional and New Keynesian Economics
  • Evolutionary Theories
  • Firms as Organizations
  • Theories of the Firm
  • Property and Control
  • Organizational Competencies and the Boundaries of the Firms
  • Innovative Behaviour
  • Financing the Firm
  • Markets as Institutions
  • Auction Markets
  • Product Markets
  • Service Markets
  • Credit Markets
  • Financial Markets
  • Labour Market(s)
  • International Markets
  • Competition and Cooperation
  • Product Differentiation
  • Regulation and Deregulation
  • Competition Policy
  • Vertical Integration and Vertical Restraints
  • Inter-Firm Cooperative Agreements
  • Local Systems of Production and Innovation
  • Multinational Firms
  • Internationalization of Firms through Cooperation
  • References
  • Contributors