Coordination and Information: Historical Perspectives on the Organization of Enterprise Contributor(s): Lamoreaux, Naomi R. (Editor), Raff, Daniel M. G. (Editor) |
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ISBN: 0226468208 ISBN-13: 9780226468204 Publisher: University of Chicago Press OUR PRICE: $138.60 Product Type: Hardcover - Other Formats Published: April 1995 Annotation: Case studies that examine how firms coordinate economic activity in the face of asymmetric information--information not equally available to all parties--are the focus of this volume. In an ideal world, the market would be the optimal provider of coordination, but in the real world of incomplete information, some activities are better coordinated in other ways. Divided into three parts, this book addresses coordination within firms, at the borders of firms, and outside firms, providing a picture of the overall incidence and logic of economic coordination. The case studies--drawn from the late nineteenth and early twentieth century, when the modern business enterprise was evolving, address such issues as the relationship between coordination mechanisms and production techniques, the logic of coordination in industrial districts, and the consequences of regulation for coordination. Continuing the work on information and organization presented in the influential "Inside the Business Enterprise," this book provides material for business historians and economists who want to study the development of the dissemination of information and the coordination of economic activity within and between firms. |
Additional Information |
BISAC Categories: - Business & Economics | Infrastructure |
Dewey: 338.7 |
LCCN: 94041674 |
Series: National Bureau of Economic Research Conference Report |
Physical Information: 0.96" H x 6.26" W x 9.24" (1.41 lbs) 345 pages |
Descriptions, Reviews, Etc. |
Publisher Description: Case studies that examine how firms coordinate economic activity in the face of asymmetric information--information not equally available to all parties--are the focus of this volume. In an ideal world, the market would be the optimal provider of coordination, but in the real world of incomplete information, some activities are better coordinated in other ways. Divided into three parts, this book addresses coordination within firms, at the borders of firms, and outside firms, providing a picture of the overall incidence and logic of economic coordination. The case studies--drawn from the late nineteenth and early twentieth century, when the modern business enterprise was evolving, address such issues as the relationship between coordination mechanisms and production techniques, the logic of coordination in industrial districts, and the consequences of regulation for coordination. Continuing the work on information and organization presented in the influential Inside the Business Enterprise, this book provides material for business historians and economists who want to study the development of the dissemination of information and the coordination of economic activity within and between firms. |
Contributor Bio(s): Lamoreaux, Naomi R.: - Naomi R. Lamoreaux is the Stanley B. Resor Professor of Economics and History at Yale University and a research associate of the NBER. |