Economics, Organization and Management by Paul Milgrom

Economics, Organization and Management by Paul Milgrom

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Summary

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.

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Economics, Organization and Management by Paul Milgrom

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.
SKU Unavailable
ISBN 13 9780132239677
ISBN 10 0132239671
Title Economics, Organization and Management
Author Paul Milgrom
Condition Unavailable
Binding Type Paperback
Publisher Pearson Education (US)
Year published 1992-02-01
Number of pages 600
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.