Information and Organization ' a New Perspective on the Theory of the Firm '
Mark Casson
Broschiertes Buch

Information and Organization ' a New Perspective on the Theory of the Firm '

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This book offers a vision of the economy as a system of structured information flow. The structuring is effected by institutions, and in particular by firms, which specialize in processing the information needed to allocate resources properly. Firms are the institutional embodiment of the visions of individual entrepreneurs who believe that they have found a better way of allocating resources. Entrepreneurial vision is only a partial vision, however, in the sense that it does not encompass the entire economy, but only a subset of it. Free market economies encourage the exploitation of such par...