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In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. This landmark book assembles the leading figures in organizational economics to present the first comprehensive view of both the current state of research in this fast-emerging field and where it might be headed. The Handbook of Organizational Economicssurveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more. The defining book on the subject, The Handbook of Organizational Economicsis essential reading for researchers and students looking to understand this emerging field in economics. Presents the first comprehensive treatment of organizational economics Features contributions by leaders in the field Unifies and extends existing literatures Describes theoretical and empirical methods used today
Table of Contents
Complementarity in Organizations
Economic Theories of Incentives in Organizations
Transaction Cost Economics
Clinical Papers in Organizational Economics
Experimental Organizational Economics
Within Firms: Individuals and Groups
Employment as an Economic and a Social Relationship
Authority in Organizations
Decisions in Organizations
Leadership and Corporate Culture
Theory and Evidence in Internal Labor Markets
Within Firms: Structures and Processes
Technological Innovation and Organizations
Hierarchies and the Division of Labor
Internal Capital Markets
What Do Managers Do?
Incentives in Hierarchies
Strategy and Organization
Vertical Integration and Market Structure
Ownership and Organizational Form
Contracts between Legal Persons
Relational Incentive Contracts
Hybrid Modes of Organization
Delegation, Control, and the Study of Public Bureaucracy
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