Robert S. Gibbons – författare

A wide-ranging introduction to the foundations and applications of organizational economics—essential for theorists and empiricists across a broad range of fieldsThe rapidly expanding field of organizational economics studies the activities and interactions of organizations of all kinds, from the firms that are key participants in nearly all economic activity to nonprofits, schools, government agencies, hospitals, political parties, religious groups, labor unions, and more. Organizational Economics introduces students and practitioners to the governance mindset, an innovative, unified approach to understanding how organizations manage difficult transactions. It sheds light on the frictions that plague these difficult transactions as well as the wide variety of instruments that organizations use to manage these frictions. By analyzing foundational models and applying those models to some of the core problems that organizations must face, this comprehensive textbook demonstrates how governance works in the economy and identifies ways for managers, policymakers, and economists to help governance and the economy work better.Introduces foundational theories in organizational economics and applies those theories to model important issues that real organizations faceTakes seriously the conditions under which parties actively manage their interactions rather than governing them by an arms-length transaction, either by choice or necessityCovers foundational theories of incentives, control, influence, and relationshipsApplies these models to important topics in organizational economics, including personnel economics, authority, organizational structure, firm boundaries, and interfirm relationshipsIncludes problems uniquely designed to help readers engage with the large and growing research literatureIdentifies future directions for research

In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. This landmark book assembles the leading figures in organizational economics to present the first comprehensive view of both the current state of research in this fast-emerging field and where it might be headed. The Handbook of Organizational Economics surveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more. The defining book on the subject, The Handbook of Organizational Economics is essential reading for researchers and students looking to understand this emerging field in economics.* Presents the first comprehensive treatment of organizational economics * Features contributions by leaders in the field * Unifies and extends existing literatures * Describes theoretical and empirical methods used today