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Coordination and Information - Historical Perspectives on the Organization of Enterprise (Paperback, 2nd Ed.)
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Coordination and Information - Historical Perspectives on the Organization of Enterprise (Paperback, 2nd Ed.)
Series: (NBER) National Bureau of Economic Research Conference Reports
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Case studies that examine how firms coordinate economic activity in
the face of asymmetric information--information not equally
available to all parties--are the focus of this volume.
In an ideal world, the market would be the optimal provider of
coordination, but in the real world of incomplete information, some
activities are better coordinated in other ways. Divided into three
parts, this book addresses coordination within firms, at the
borders of firms, and outside firms, providing a picture of the
overall incidence and logic of economic coordination. The case
studies--drawn from the late nineteenth and early twentieth
century, when the modern business enterprise was evolving, address
such issues as the relationship between coordination mechanisms and
production techniques, the logic of coordination in industrial
districts, and the consequences of regulation for coordination.
Continuing the work on information and organization presented in
the influential "Inside the Business Enterprise," this book
provides material for business historians and economists who want
to study the development of the dissemination of information and
the coordination of economic activity within and between firms.
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