did-you-know? rent-now

Amazon no longer offers textbook rentals. We do!

did-you-know? rent-now

Amazon no longer offers textbook rentals. We do!

We're the #1 textbook rental company. Let us show you why.

9780521517386

The Theory of the Firm: Microeconomics with Endogenous Entrepreneurs, Firms, Markets, and Organizations

by
  • ISBN13:

    9780521517386

  • ISBN10:

    0521517389

  • Edition: 1st
  • Format: Hardcover
  • Copyright: 2009-04-13
  • Publisher: Cambridge University Press

Note: Supplemental materials are not guaranteed with Rental or Used book purchases.

Purchase Benefits

List Price: $161.00 Save up to $127.70
  • Rent Book $101.43
    Add to Cart Free Shipping Icon Free Shipping

    TERM
    PRICE
    DUE
    SPECIAL ORDER: 1-2 WEEKS
    *This item is part of an exclusive publisher rental program and requires an additional convenience fee. This fee will be reflected in the shopping cart.

Supplemental Materials

What is included with this book?

Summary

The Theory of the Firm presents a path-breaking general framework for understanding the economics of the firm. The book addresses why firms exist, how firms are established, and what contributions firms make to the economy. The book presents a new theoretical analysis of the foundations of microeconomics that makes institutions endogenous. Entrepreneurs play a central economic role by establishing firms. In turn, firms create and operate markets and organizations. The book provides innovative models of economic equilibrium that endogenously determine the structure and function of economic institutions. The book proposes an "intermediation hypothesis" - the establishment of firms depends on the effects of transaction costs and on the extent of the market.

Table of Contents

Introduction; Part I. The Theory of the Firm: 1. The consumer; 2. The firm; 3. Separation of consumer objectives and firm objectives; Part II. The Entrepreneur in Equilibrium: 4. The entrepreneur; 5. Competition between entrepreneurs; Part III. Human Capital and Financial Capital: 6. Human capital and the organization of the firm; 7. Financial capital and the organization of the firm; Part IV. Intermediation by the Firm: 8. The firm as intermediary in the pure exchange economy; 9. The firm versus free riding; Part V. Market Making by the Firm: 10. The firm creates markets; 11. The firm in the market for contracts; 12. Conclusion.

Supplemental Materials

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

Rewards Program