Market microstructure: intermediaries and the theory of the firm
Auteur :
Spulber, Daniel F.
Éditeur :
Cambridge University Press
ISBN :
9780521650250
Date de publication :
13 avr. 1999
Dimensions :
23,8 x 15,9 x 2,6 cm
Poids :
730 g
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.