Foundations of Organisational Economics: Histories and Theories of the Firm and Production
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| Management number | 201902940 | Release Date | 2025/10/08 | List Price | $23.81 | Model Number | 201902940 | ||
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Foundations of Organisational Economics: Histories and Theories of the Firm and Production explores the history of the mainstream approach to the theory of production and the theory of the firm, including the frameworks used to analyze production, the division of labor, and the development of the neoclassical model of production. It also examines the relationship between the division of labor and the theory of the firm, the development of the proto-neoclassical approach to production, Marshalls idea of the representative firm, and the criticisms made of the neoclassical model between 1940 and 1970.
Format: Paperback / softback
Length: 186 pages
Publication date: 26 September 2022
Publisher: Taylor & Francis Ltd
The Foundations of Organisational Economics: Histories and Theories of the Firm and Production delves into a comprehensive exploration of various key topics related to the history of the mainstream approach to the theory of production and the theory of the firm. This includes the frameworks employed to analyze production, the division of labor, and its application to the firm, as well as the development of the neoclassical model of production.
The first topic examined is the transition from a normative approach to a predominantly positive approach to analyzing the theory of production, which occurred around the seventeenth century. The next topic is an in-depth examination of the relationship (or lack thereof) between the division of labor and the theory of the firm. In the fourth chapter, the focus shifts to the development of the proto-neoclassical approach to production. Here, the theories of monopoly, oligopoly, and perfect competition are discussed, along with the theory of input utilization. Chapter 5 explores Marshalls idea of the representative firm, which was the primary early neoclassical approach to the theory of industry-level production. The penultimate chapter considers the criticisms made of the neoclassical model between 1940 and 1970.
This work serves as an invaluable reference for students and researchers interested in the history of economic thought, industrial organization, microeconomic theory, and organizational studies.
Weight: 362g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367722494
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