Corporate Economics (Third Edition): An Introduction to Business Theory and Economic Organizations

Author: (English) Martin Lickert, translated by Fan Libo, Song Zhihong
Publisher:
Publishing Date: 2006-02-01
Features: This book takes incomplete information and transaction difficulties as its starting point, primarily based on neoclassical economic thought, to conduct a comprehensive and in-depth analysis and elaboration on the structure and contractual relationships of economic organizations. It provides detailed introductions and comparative analyses of various theoretical schools and concepts in economics, such as transaction cost theory, property rights theory, principal-agent theory, public choice theory, as well as deepening theory and the theories of the Austrian School. In addition to analyzing different types of business organizations, the authors have added discussions on public policy in the third edition. The book is comprehensive in its concepts and theories, thorough in its analysis, and suitable for teaching purposes.