The theory of the firm and its critics: a stocktaking and assessment

dc.contributor.author	Foss, Nicolai J., 1964-	eng
dc.contributor.author	Klein, Peter G.	eng
dc.date.issued	2005	eng
dc.description	Includes bibliographical references.	eng
dc.description	"Prepared for Jean-Michel Glachant and Eric Brousseau, eds. New Institutional Economics: A Textbook, Cambridge, Cambridge University Press."	eng
dc.description	"This version: August 22, 2005."	eng
dc.description.abstract	Since its emergence in the 1970s the modern economic or Coasian theory of the firm has been discussed and challenged by sociologists, heterodox economists, management scholars, and other critics. This chapter reviews and assesses these critiques, focusing on behavioral issues (bounded rationality and motivation), process (including path dependence and the selection argument), entrepreneurship, and the challenge from knowledge-based theories of the firm.	eng
dc.identifier.isbn	9780521876605	eng
dc.identifier.isbn	9780521700160	eng
dc.identifier.uri	http://hdl.handle.net/10355/46	eng
dc.language	English	eng
dc.publisher	Cambridge University Press	eng
dc.relation.ispartofcollection	Agricultural Economics publications (MU)	eng
dc.relation.ispartofcommunity	University of Missouri-Columbia. College of Agriculture, Food and Natural Resources. Division of Applied Social Sciences. Department of Agricultural Economics	eng
dc.subject	Coasian theory	eng
dc.subject	Incentives in firms	eng
dc.subject.lcsh	Organizational behavior	eng
dc.title	The theory of the firm and its critics: a stocktaking and assessment	eng
dc.type	Book chapter	eng

Agricultural Economics publications (MU)
The items in this collection are the scholarly output of the faculty, staff, and students of the Department of Agricultural Economics.