Division of Labor, Variability, Coordination, and the Theory of Firms and Markets
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The book provides a wealth of insights for students and professionals in economics, business, law and organization.
Preface. Introduction. 1. The Division of Labor and Communication. 2. Variability and the Logic of Firms and Markets: Informal Analysis. 3. The Internal Organization of Complex Teams: Bounded Rationality and the Logic of Hierarchies. 4. Variability, Coordination, Information Structure, and the Logic of Firms and Markets. 5. Variability and the Logic of Firms, Markets, and Other Arrangements. 6. Adaptation Costs, Coordination Costs, and Optimal Firm Size. 7. Indivisibilities: Economies of Scale, Scope, and Speed. 8. The Variability Approach and the Multiproduct Firm. 9. Concluding Remarks. Bibliography. Names Index. Subject Index.
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