Introduction
Economics and Management of Organisations provides an innovative assessment of the
challenges facing organizations and the economic strategies and theories that can be
applied to management problems.
Description
The exciting developments that have occurred in economic organisational theory, up until
now discussed in technical journals, are made accessible to undergraduate students of
Strategic Economics modules in a clearly structured format. With coverage of contemporary
issues, authoritative references, numerous applications, exercises and problems ' all
accompanied by invaluable website-based resources ' this book provides a sound
introduction to economics, organization and management.
Table of Contents
Part I: Positioning
Chapter 1 Introduction
Chapter 2 Primer:Economic concepts for organization
Part II: Two Benchmarks
Chapter 3 Welfare theorem
Chapter 4 Coase theorem
Part III: Complete Contracts
Chapter 5 Principal-agent models
Chapter 6 Hidden action problem
Chapter 7 Hidden characteristics problem
Part IV: Incomplete Contracts
Chapter 8 Transaction and influence costs
Chapter 9 Ownership rights
Chapter 10 Self-enforcing contracts
Part V: Business Strategy
Chapter 11 Strategy Typology
Part VI: Limited Cognition
Chapter 12 Limited Cognition and Organization
Chapter 13 Biases in decision making
Part VII: Coordination
Chapter 14 Co-ordination
Chapter 15 Complementarity
Soft back
