Economic Approaches to Organisations

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