Envy, Comparison Costs, and the Economic Theory of the Firm

An economic theory of the firm must explain both when firms supplant markets and when markets supplant firms. While theories of when markets fail are well developed, the extant literature provides a less than adequate explanation of why and when hierarchies fail and of actions managers take to mitig...

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Veröffentlicht in:Strategic Management Journal. - John Wiley & Sons. - 29(2008), 13, Seite 1429-1449
1. Verfasser: Nickerson, Jack A. (VerfasserIn)
Weitere Verfasser: Zenger, Todd R.
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 2008
Zugriff auf das übergeordnete Werk:Strategic Management Journal
Schlagworte:theory of the firm envy comparison costs diseconomies of scale and scope firm boundaries Behavioral sciences Economics Business Social sciences