The digital edition of all books may be viewed on our website before purchase. Excerpt from A Theory of Inefficient Intrafirm Transactions: November 1988 (Classic Reprint)
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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book investigates a paradox in the modern business world: as companies grow, their internal organization becomes less efficient. By viewing this phenomenon through the lens of industry market imperfections, the author challenges the notion that organizational expansions always enhance profitability. The text demonstrates that as firms gain market dominance and raise prices above marginal costs, they face incentives to tolerate inefficiencies to capture economic rents. While traditional economic models imply that strong authority relations maximize social good, the author argues that these models neglect market imperfections. The text ultimately reveals that the proliferation of socially inefficient corporate structures may in fact enable dominant firms to dissipate economic gains, a phenomenon often hidden by conventional profit measurements. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781332284535_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332284535
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332284535
Quantité disponible : 15 disponible(s)