The Cooperative Nature of the Firm

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Mai 2003



A study of price and the organization of firms using game theory and neoclassical economics.


Preface; 1. Elements of the theory of the firm; 2. Descriptive cooperative game theory; 3. General equilibrium analysis of the nature of the firm; 4. Welfare implications of the nature of the firm; 5. Normative theory of production economy with increasing returns to scale; 6. Stable hierarchical structures; References; Index.


"The book is written with flawless mathematical rigor and, considering the complexity of the material that is presented, great clarity. ... It could serve as the basis for a general equilibrium course for advanced graduate students. Researchers with an interest in game theory will also greatly benefit from it." Journal of Economic Literature " This is an important analysis of the modern economy['s two major resource allocation mechanisms: the price mechanism and a mechanism instituted by the firm. Professor Ichiishi presents a ground-breaking theory which biews firms as organizations characterized by diversity of interest among their members. He contributes original insights to the theory of the firm, cooperative game theory, and general equilibrium analysis theory. New York Review of Books
EAN: 9780521414449
ISBN: 052141444X
Untertitel: New. Sprache: Englisch.
Erscheinungsdatum: Mai 2003
Seitenanzahl: 232 Seiten
Format: gebunden
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