The Economics of Organisation and Management (International Edition) - Softcover

Milgrom, Paul; Roberts, John

 
9780132239677: The Economics of Organisation and Management (International Edition)

Synopsis

A systematic treatment of the economics of the modern firm, this book draws on the insights of a variety of areas in modern economics and other disciplines, but presents a coherent, consistent, innovative treatment of the central problems in organizations of motivating people and coordinating their activities.

"synopsis" may belong to another edition of this title.

Synopsis

A systematic treatment of the economics of the modern firm, this text draws on the insights of various areas in modern economics and other disciplines, and presents the central problems in organizations of motivating people and co-ordinating their activities. After introducing the fundamental problems which organizations encounter and explaining why they occur, the text discusses a number of patterns of response, with the aim of showing students why organizations are structured as they are, why they adopt the policies they do, and how to solve organizational problems themselves. The text attempts to provide a balanced treatment of both incentive problems and problems of co-ordination. It discusses, in simple terms, key elements of economic theory - contract theory, information economics, incentive theory, theories of co-ordination, transaction costs, property rights, labour economics, corporate finance and welfare economics. Real-world examples are used throughout the text, and important concepts are highlighted.

From the Back Cover

A systematic treatment of the economics of the modern firm, this book draws on the insights of a variety of areas in modern economics and other disciplines, but presents a coherent, consistent, innovative treatment of the central problems in organizations of motivating people and coordinating their activities. KEY TOPICS: Introduces the fundamental problems organizations encounter and explains why they occur. Discusses a number of patterns of response -- showing why organizations are structured as they are, why they adopt the policies they do, and how they solve organizational problems themselves.

"About this title" may belong to another edition of this title.

Other Popular Editions of the Same Title

9780132246507: Economics, Organization and Management: United States Edition

Featured Edition

ISBN 10:  0132246503 ISBN 13:  9780132246507
Publisher: Pearson, 1992
Hardcover