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The Economics of Business Enterprise

2019 BUSINESS & ECONOMICS
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Release : 2019
Genre : BUSINESS & ECONOMICS
Kind : eBook
Book Rating : 930/5 ( reviews)

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Book Synopsis The Economics of Business Enterprise by : Martin Ricketts

Download or read book The Economics of Business Enterprise written by Martin Ricketts. This book was released on 2019. Available in PDF, EPUB and Kindle. Book excerpt: This new edition of The Economics of Business Enterprise provides a comprehensive survey of the theory of the firm from the perspective of New Institutional Economics. It continues to emphasise the role of the entrepreneur within the firm and the emergence of institutional responses to rent seeking. Neoclassical, Transactions Cost, Austrian, Public Choice and Property Rights perspectives are contrasted and used to analyse private governance arrangements, contemporary developments in organisational form such as ‘the sharing economy’ and the regulatory framework.

The Economics of Business Enterprise

1994 Business & Economics
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Release : 1994
Genre : Business & Economics
Kind : eBook
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Book Synopsis The Economics of Business Enterprise by : Martin J. Ricketts

Download or read book The Economics of Business Enterprise written by Martin J. Ricketts. This book was released on 1994. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Economics of Business Enterprise

2019-01-25 Business & Economics
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Release : 2019-01-25
Genre : Business & Economics
Kind : eBook
Book Rating : 923/5 ( reviews)

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Book Synopsis The Economics of Business Enterprise by : Martin Ricketts

Download or read book The Economics of Business Enterprise written by Martin Ricketts. This book was released on 2019-01-25. Available in PDF, EPUB and Kindle. Book excerpt: In its Fourth Edition, this textbook explores how economic activity is organised from a new institutional economics perspective. Using transactions costs as a continuing theme, the book delivers the necessary skills to understand the evolution of organisational forms and the strengths and weaknesses of different varieties of private and public governance.The importance of entrepreneurship is emphasised throughout. Public policy concerning competition, regulation and the public utilities is used to illustrate the involvement of subjective judgements about transactions costs in all types of organisational choice.Key features of the Fourth Edition: * Using impartial analysis, Martin Ricketts evaluates business enterprise through Neoclassical, Austrian and Evolutionary economics, allowing students to learn the strengths and weaknesses of each methodological perspective* Using a clear conceptual framework, the author explains principal-agent theory and the transactions costs paradigm in detail* The chapters are designed around a set of classic papers, giving students an understanding of the historical development of the discipline* Updated examples emphasise the applicability to different technological circumstances and the dynamic nature of studying economic organisation* Additional examples are included for teachers to further discussion or create extended seminar work. A key resource for advanced undergraduate courses or an excellent introductory text at graduate level, this Fourth Edition will provide students of economics, business and political economy with a greater awareness of how business enterprises operate and adapt in response to technological change and competition.

The Theory of Business Enterprise

2022-11-13 Business & Economics
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Release : 2022-11-13
Genre : Business & Economics
Kind : eBook
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Book Synopsis The Theory of Business Enterprise by : Thorstein Veblen

Download or read book The Theory of Business Enterprise written by Thorstein Veblen. This book was released on 2022-11-13. Available in PDF, EPUB and Kindle. Book excerpt: The Theory of Business Enterprise is a political economy book that looks at the growing corporate domination of culture and the economy. At its heart The Theory of Business Enterprise is an analysis of two intertwined but clashing motivations; that of business and that of industry. Business is the making of profits. Industry is the making of goods. "The captains of industry" curtailed production in order to keep prices and profits high. The worst fears of businessmen was a "free run of production" which would essentially collapse all profits. In this book, which was published in 1904 during the height of American concern with the growth of business combinations and trusts, Veblen employed his evolutionary analysis to explain these new forms. He saw them as a consequence of the growth of industrial processes in a context of small business firms that had evolved earlier to organize craft production. Thorstein Veblen (1857-1929) was an American economist and sociologist. He is well known as a witty critic of capitalism. Veblen is famous for the idea of "conspicuous consumption." Conspicuous consumption, along with "conspicuous leisure," is performed to demonstrate wealth or mark social status. Veblen explains the concept in his best-known book, The Theory of the Leisure Class. Within the history of economic thought, Veblen is considered the leader of the institutional economics movement. Veblen's distinction between "institutions" and "technology" is still called the Veblenian dichotomy by contemporary economists.

The Economics of Business Enterprise

1986 Competition
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Release : 1986
Genre : Competition
Kind : eBook
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Book Synopsis The Economics of Business Enterprise by : Martin J. Ricketts

Download or read book The Economics of Business Enterprise written by Martin J. Ricketts. This book was released on 1986. Available in PDF, EPUB and Kindle. Book excerpt:

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