Economics, Organization and
Management, The
Brief
Description
Authors are two of economics
leading scholars. First book to bring a unified framework of economic theory to bear on
the organization and management problems that real firms face. Extensive use of examples
and cases.
Features
- 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.
Contents
I. THE CONCEPTUAL FRAMEWORK.
1. Does Organization Matter?
2. Economic Organization and Efficiency.
II. THEORIES OF COORDINATION AND MOTIVATION.
3. Using Prices for Coordination and Motivation.
4. Coordinating Plans and Actions.
5. Incentives and Motivation.
6. Moral Hazard.
7. Risk Sharing and Incentive Contracts.
8. Rents and Efficiency.
III. COORDINATION, MOTIVATION, AND MANAGEMENT.
9. Ownership and Property Rights.
10. Employment Policy and Human-Resource Management.
11. Internal Labor Markets, Job Assignments, and Promotions.
12. Compensation and Motivation.
13. Executive and Managerial Compensation.
IV. DESIGNING AND CHOOSING ORGANIZATIONAL FORMS.
14. The Classical Theory of Investments and Finance.
15. Financial Structure, Ownership, and Corporate Control.
16. The Boundaries and Structure of the Firm.
Glossary.
Author and Subject Indexes.
620 pages
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