Title: The economics of business enterprise : an introduction to economic organisation and the theory of the firm. Ex-Library.
Publisher: Harvester Wheatsheaf, New York, &c.
Publication Date: 1994
Language: English
ISBN 10: 0745008399
ISBN 13: 9780745008394
Binding: Softcover
Edition: 2nd ed.
Condition: Good
Dust Jacket Condition: No Jacket

About this title

Synopsis

Discusses business enterprise and exchange, describing how transaction cost theory affects the view of business enterprise. The overall theme is one of the problem of information and transactional difficulties in the business setting, with reference to analytical tools such as the Edgeworth box.

Review

`This is a most enlightening book written in a most accessible style, with periodic in-depth treatment of theoretical propositions, using diagrams. Students studying a variety of economics and business related courses could find this book invaluable.' -- David Gray, International Journal of Entrepreneurship and Innovation `One of the most exciting developments in economics in recent decades has been the emergence of a coherent framework for understanding why organisations have different structures and attributes. There is no better way of learning about this fascinating literature on incomplete information and transaction costs than Martin Ricketts's accessible and authoritative book. Very highly recommended.' -- J.H. Pencavel, Stanford University, US `Martin Ricketts has succeeded in updating his book with the addition of a completely new section on the burning issue of privatisation policy in East and West, along with a very readable exposition of the new micro-foundation of property rights theory. It is a brilliantly lucid introduction into modern institutional economics, exemplified by the theory of the firm - the best book of its kind on the market.' -- Rudolf Richter, University of Saarland, Germany

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