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Markets and Organization

Arena, Richard
Richard Arena, Christian Longhi

ISBN: 9783540638100
Format: Paperback
Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Edition: illustrated edition

Market economy has become today the predominant economic system in the world. The purposes of this book are to define analytically the essential features and to investigate the very working of a market economy. The book will thus permit the reader to acquire a fresh view on market economies, stressing simultaneously their unity and diversity. More

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Market economy has become today the predominant economic system in the world. One of the tasks of the book is to define analytically the essential features of a market economy. The other purpose is to investigate the very working of a market economy which rests on firms defined as organizations and markets seen as institutions. It also supposes a renewed conception of cooperation and competition. The book will permit the reader to acquire a fresh view on market economies, stressing simultaneously their unity and diversity. It will also interest specialists of microeconomics as well as industrial organization, economics of technology and institutional economcis.