Challenging the long-held belief that economics is a discipline that can be adequately pursued in isolation from the other social sciences, this book develops a new theoretical approach to entrepreneurship in the firm. Casson argues that the productivity of economic units--whether families, firms, or nation states--is affected by the degree of cooperation between the members of these units, which cannot be fully understood unless one considers cultural dynamics. The book combines economic and cultural determinants of performance into a single analytical framework, applying theory to a wide range of topical issues that will be of major interest to policymakers and strategists. The book's international perspective highlights the way in which cultural differences influence innovation and competitiveness at both the corporate and national level.

Enterprise and Competitiveness: A Systems View of International Business

Business & Money

Casson, Mark

Economics

Oxford University Press

The Economics of Business Culture: Game Theory, Transaction Costs, and Economic Performance

This book provides an analysis of the economic effects of culture. By culture, the author means social values such as honesty, dedication, and loyalty. Analyzing the economic effects of culture in a rigorous fashion, the author argues that the gains from technology in modern societies can be offset by high costs if the moral dimension is missing.

This book provides an analysis of the economic effects of culture, by which the author means social values such as honesty, dedication, and loyalty. Analyzing the economic effects of culture in a rigorous fashion, he argues that the gains from technology in modern societies can be offset by high costs if the moral dimension is missing.

Challenging the long-held belief that economics is a discipline that can be adequately pursued in isolation from the other social sciences, this book develops a new theoretical approach to entrepreneurship in the firm. Casson argues that the productivity of economic units--whether families, firms, or nation states--is affected by the degree of cooperation between the members of these units, which cannot be fully understood unless one considers cultural dynamics. The book combines economic and cultural determinants of performance into a single analytical framework, applying theory to a wide range of topical issues that will be of major interest to policymakers and strategists. The book's international perspective highlights the way in which cultural differences influence innovation and competitiveness at both the corporate and national level.

Enterprise and Competitiveness: A Systems View of International Business (Clarendon Paperbacks)

Clarendon Press

Information And Organization: A New Perspective on the Theory of the Firm

Information and Organization offers a vision of the economy as a system of structured information flow, counterbalancing the more conventional view of a simple flow of material goods. The structuring is effected by institutions and, in particular, by firms, which specialize in processing the information needed to allocate resources. In place of the orthodox emphasis on the adversarial use of asymmetric information, the book stresses the use of information for creative purposes--for decision-making and coordinating the use of resources.

Information and Organization: A New Perspective on the Theory of the Firm

Information and Organization offers a vision of the economy as a system of structured information flow, counterbalancing the more conventional view of a simple flow of material goods. The structuring is effected by institutions and, in particular, by firms, which specialize in processing the information needed to allocate resources. In place of the orthodox emphasis on the adversarial use of asymmetric information, the book stresses the use of information for creative purposes--for decision-making and coordinating the use of resources.

Management & Leadership

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 partial visions because they encourage intermediation-it is by mediating between potential buyers and potential sellers that entrepreneurial visions are realized. A legal framework of private property, coupled with a moral framework to control the incidence of cheating, allows very sophisticated structures of information processing to emerge. These structures effect an elaborate division of labour in the dimensions of information and control. Each firm is a small component of the overall structure of information flow. This structure is highly flexible and evolves continuously as circumstances change. Efficient adaptation is encouraged by rewarding entrepreneurs who create new firms to be slotted into the existing structure. This vision has evolved over the last fifteen years, during which the author has researched a variety of topics connected with the theory of the firm-entrepreneurship, business culture, multinational enterprise, joint ventures and the like. In each of these areas he has identified the ways in which the orthodox theory of the firm needs to be modified in order to make it work properly. This book represents a major intellectual synthesis of that work.

The British railway network was a monument to Victorian private enterprise. Its masterpieces of civil engineering were emulated around the world. But its performance was controversial: praised for promoting a high density of lines, it was also criticised for wasteful duplication of routes.This is the first history of the British railway system written from a modern economic perspective. It uses conterfactual analysis to construct an alternaive network to represent the most efficient alternative rail network that could have been constructed given what was known at the time - the first time this has been done. It reveals how weaknesses in regulation and defects in government policy resulted in enormous inefficiency in the Victorian system that Britain lives with today.British railway companies developed into powerful regional monopolies, which then contested each other's territories. When denied access to existing lines in rival territories, they built duplicate lines instead. Plans for an integrated national system, sponsored by William Gladstone, were blocked by Members of Parliament because of a perceived conflict with the local interests they represented. Each town wanted more railways than its neighbours, and so too many lines were built. The costs of these surplus lines led ultimately to higher fares and freight charges, which impaired the performance of the economy.The book will be the definitive source of reference for those interested in the economic history of the British railway system. It makes use of a major new historical source, deposited railway plans, integrates transport and local history through its regional analysis of the railway system, and provides a comprehensive, classified bibliography.

The World's First Railway System: Enterprise, Competition, and Regulation on the Railway Network in Victorian Britain

Business Culture

The figure of John Maynard Keynes has towered like a colossus over British economic theory for two generations, obscuring the important earlier work of a small group of classical economists who were concerned with British unemployment.  Economics of Unemployment restores these pre-Keynesian economists to their rightful place in the British tradition. It examines their explanation of unemployment advanced during the 1920s and summarizes the work of the principal theoreticians, the most notable being Keynes's Cambridge Colleage, A.C. Pigou. The book reformulates their theory in modern terms in order to test it econometrically and to analyze its continuing relevance in the post-war period. When formalized this way, the theory anticipates a number of recent analytical developments in labor economics.  Chapters cover the pre-Keynesian economists and their theory of unemployment; disequilibrium theory; job search and unemployment; structural disequilibrium; policies for structural unemployment; the pre-Keynesian theory and the Keynesian revolution; the determinants of employment and the real wage in inter-war Britain; labor supply, unemployment, and migration in inter-war Britain; and, the relevance of pre-Keynesian theory today.

Economics of Unemployment: An Historical Perspective

Mit Pr

In this book, a well known theorist of the multinational firm extends his major contributions to encompass the scope of the firm in general. Casson presents a model showing how the different activities of the firm - R & D, production, marketing, and distribution, for example - are linked in a way that is just as important in determining the scope of the firm as are the traditional factors of market share or product type. Casson infers from an extensive consideration of the history, development, and organization of the multinational that the scope of any firm is determined by the way it resolves the problem of coordinating these production activities; the possibility of its becoming a multinational, in fact, depends on the strategic problems encountered in these operations. After chapters in which he critically reviews the literature and sets forth his own theoretical insights, the author looks at case studies of topical concern in the shipping, construction, and motor vehicle industries in order to explain contemporary rationalization and restructuring in manufacturing.

The Firm and the Market: Studies on the Multinational Enterprise and the Scope of the Firm

See the best price to sell, buy, or rent books by Casson, Mark. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Casson, Mark

See the best price to sell, buy, or rent books by Casson, Mark. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Enterprise and Competitiveness: A Systems View of International Business

The Economics of Business Culture: Game Theory, Transaction Costs, and Economic Performance

The Economics of Business Culture: Game Theory, Transaction Costs, and Economic Performance

Enterprise and Competitiveness: A Systems View of International Business (Clarendon Paperbacks)

Information and Organization: A New Perspective on the Theory of the Firm

Information and Organization: A New Perspective on the Theory of the Firm

Information And Organization: A New Perspective on the Theory of the Firm

The World's First Railway System: Enterprise, Competition, and Regulation on the Railway Network in Victorian Britain

Economics of Unemployment: An Historical Perspective

The Firm and the Market: Studies on the Multinational Enterprise and the Scope of the Firm