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The Cooperative Nature of the Firm (Paperback) Loot Price: R1,159
Discovery Miles 11 590
The Cooperative Nature of the Firm (Paperback): Tatsuro Ichiishi

The Cooperative Nature of the Firm (Paperback)

Tatsuro Ichiishi

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Loot Price R1,159 Discovery Miles 11 590 | Repayment Terms: R109 pm x 12*

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This book is an analysis of the modern economy's two major resource allocation mechanisms. The price mechanism has been subject to extensive examination by neoclassical economists, but there has been relatively little attention paid to the impact of the organization of firms on allocation. Professor Ichiishi presents a distinctive theory of the firm which views firms as organizations characterized by diversity of interest among their members, but an acceptance of a coordinated choice of activities: a coalition formed when people play a cooperative game. Using a theory embodying both the neoclassical market mechanism, and the cooperative game, the author derives a number of original results thereby contributing to the theory of the firm, cooperative game theory, and general equilibrium analysis theory.

General

Imprint: Cambridge UniversityPress
Country of origin: United Kingdom
Release date: February 2008
First published: December 2007
Authors: Tatsuro Ichiishi
Dimensions: 228 x 152 x 17mm (L x W x T)
Format: Paperback - Trade
Pages: 232
ISBN-13: 978-0-521-05969-5
Categories: Books > Business & Economics > Economics > Microeconomics > General
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LSN: 0-521-05969-0
Barcode: 9780521059695

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