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Economic Approaches to Organisations

Economic Approaches to Organisations

5th Edition

Sytse Douma, Hein Schreuder

Nov 2012, Paperback, 456 pages
ISBN13: 9780273735298
ISBN10: 0273735292
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Now in its fifth edition, Economic Approaches to Organisations remains one of the few texts to emphasize the importance of economic issues and developments in the study of organisations and management. It explains in a non-technical way different economic approaches such as behavioural theory of the firm, game theory, agency theory, transaction cost economics, economics of strategy and evolutionary approaches. This latest edition is packed with practical examples from real-world companies, helping you to understand how the concepts relate to economic and organizational problems happening in the world today.

Part I Foundations

1 Markets and organizations

2 Markets

3 Organizations

4 Information

5 Game theory

Part II Economic Approaches

6 Behavioural theory of the firm

7 Agency theory

8 Transaction cost economics

9 Economic contributions to business / competitive strategy

10 Economic contributions to corporate strategy

11 Evolutionary approaches to organizations 238

12 All in the family

Part III Applications

13 Mergers and acquisitions

14 Hybrid forms

15 Corporate governance

  • Covers Game Theory, Strategy, and Evolution.
  • Packed with empirical results and real world data
  • Builds a step-by-step conceptual framework to explain fundamental economic approaches to organisations.
  • Discusses the 5 different economic approaches to organisations
  • Contains useful learning features: real-life examples, end-of-chapter questions, quotations, diagrams, further reading and study.
  • Wide range of cases with a global link.
  • Assumes no prior knowledge of economics.
  • Clearly written in a concise, informative and student-friendly style.
  • Instructor's Manual with answers to questions, overheads and further reading.

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