Traditional theory of the firm has concentrated on such topics as technology, evolution and transaction costs whilst failing to account for one of the most fundamental aspects of the market process - entrepreneurial activity. Using an approach consistent with the modern Austrian School, Frederic Sautet has developed the open-ended theories initiated by Hayek and Mises to bring a new perspective to conventional economic theory.
Traditional theory of the firm has concentrated on such topics as technology, evolution and transaction costs whilst failing to account for one of the...
Enquires the relationship that exists between firms and markets, with examinations of both the existence and inner organisation of the firm. This work encompasses a wealth of existing literature and leads it in a new direction. It is intended for economic scholars particularly within the fields of Austrian economies and the theory of the firm.
Enquires the relationship that exists between firms and markets, with examinations of both the existence and inner organisation of the firm. This work...
