Spulber presents a theory of the firm based on its economic role as an intermediary between customers and suppliers.Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Preface and acknowledgements Introduction Part I. Market Microstructure and the Intermediation Theory of the Firm: 1. Market microstructure and intermediation 2. Price setting and intermediation by firms 3. Competition Part II. Competition and Market Equilibrium: 3. Competition between intermediaries 4. Intermediation and general equilibrium Part III. Intermediation Versus Decentralized Trade: 5. Matching and intermediation by firms 6. Search and intermediation by firms Part IV. Intermediation under Asymmetric Information: 7. Adverse selection in product markets 8. Adverse selection in financial markets Part V. Intermediation and Transaction Costs: 9. Transaction costs and the contractual theory for the firm 10. Transaction costs and the intermediation theory of the firm Part VI. Intermediation and Agency: 11. Agency and the organizational-incentive theory of the firm 12. Agency and the intermediation theory of the firm Conclusion.
Preface and acknowledgements Introduction Part I. Market Microstructure and the Intermediation Theory of the Firm: 1. Market microstructure and intermediation 2. Price setting and intermediation by firms 3. Competition Part II. Competition and Market Equilibrium: 3. Competition between intermediaries 4. Intermediation and general equilibrium Part III. Intermediation Versus Decentralized Trade: 5. Matching and intermediation by firms 6. Search and intermediation by firms Part IV. Intermediation under Asymmetric Information: 7. Adverse selection in product markets 8. Adverse selection in financial markets Part V. Intermediation and Transaction Costs: 9. Transaction costs and the contractual theory for the firm 10. Transaction costs and the intermediation theory of the firm Part VI. Intermediation and Agency: 11. Agency and the organizational-incentive theory of the firm 12. Agency and the intermediation theory of the firm Conclusion.
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