Economics, organization, and management

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...

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Bibliographic Details
Main Author: Milgrom, Paul R. 1948-
Other Authors: Roberts, John 1945 -
Format: Book
Language:English
Published: Englewood Cliffs, NJ Prentice-Hall 1992
Subjects:
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Table of Contents:
  • pt. 1. Problem of economic organization
  • ch. 1. Does organization matter?
  • ch. 2. Economic organization and efficiency
  • pt. 2. Coordination: markets and management
  • ch. 3. Using prices for coordination and motivation
  • ch. 4. Coordinating plans and action
  • pt. 3. Motivation: contracts, information, and incentives
  • ch. 5. Bounded rationality and private information
  • ch. 6. Moral hazard and performance incentives.
  • pt. 4. Efficient incentives: contracts and ownership
  • ch. 7. Risk sharing and incentive contracts
  • ch. 8. Rents and efficiency
  • ch. 9. Ownership and property rights
  • pt. 5. Employment policy and human resource management
  • ch. 11. Internal labor markets, job assignments, and promotions
  • ch. 12. Compensation and motivation
  • ch. 13. Executive and managerial compensation. pt. 6. Classical theory of investments and finance
  • ch. 15. Financial structure, ownership, and corporate control
  • pt. 7. Design and dynamics of organizations
  • ch. 16. Boundaries and structure of the firm
  • ch. 17. Evolution of business and economic systems.