Market microstructure: intermediaries and the theory of the firm
Auteur :
Spulber, Daniel F.
Éditeur :
Cambridge University Press
ISBN :
9780521659789
Date de publication :
13 avr. 1999
Dimensions :
23,0 x 15,3 x 2,3 cm
Poids :
545 g
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
Grande Bretagne
This book addresses two closely related questions: 'why do firms exist?' and 'how do markets work?' Professor Spulber presents a theory of the firm based on various models of intermediation. The intermediation framework is compared with other analyses of the firm: neoclassical, industrial organization, transaction cost, and principal-agent.