The Co-Operative Game Theory of the Firm
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Book Overview
This highly original book challenges the orthodox economic theory of the firm as a mysterious "black box" whose internal design is unknown and irrelevant and which operates solely to maximize shareholder profit. Instead, the author proposes a new "cooperative game theory," in which the firm is a coalition of shareholders and employees, with its market behavior and internal distribution the result of a cooperative game (bargaining). Aoki tests his model against existing industrial structures, including the Anglo-American unionized firm, the German/Swedish co-determination firm, and the American non-union or Japanese firm.
Format:Paperback
Language:English
ISBN:0198772688
ISBN13:9780198772682
Release Date:October 1986
Publisher:Oxford University Press, USA
Length:229 Pages
Weight:0.73 lbs.
Dimensions:0.5" x 6.1" x 9.2"
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