Research Details

Abstract

Abstract: The survey classifies economic theories of the firm into four categories based on the level of aggregation in economic models: (1) neoclassical, (2) industrial organization, (3) contractual, and (4) organizational incentive. Economic theories of the firm are evaluated on the basis of their potential application to problems of management decision making. The survey suggests that a management perspective can be useful in developing an integrated theoretical analysis of the firm that addresses both competitive strategy and organizational design. Copyright 1992 by MIT Press.

Type

Article

Author(s)

Daniel Spulber

Date Published

1992

Citations

Spulber, Daniel. 1992. Economic Analysis and Management Strategy: A Survey. Journal of Economics & Management Strategy.(3): 535-574.