Organizing economic experiments: Property rights and firm organization

被引:0
|
作者
Foss K. [1 ]
Foss N.J. [1 ]
机构
[1] LINK, Department of Industrial Economics and Strategy, Copenhagen Business School, 2000 Frederiksberg
关键词
Austrian economics; Property rights; The theory of the firm;
D O I
10.1023/A:1021162220065
中图分类号
学科分类号
摘要
Many economists, notably Austrian economists, have argued that the market process is essentially an experimental process. We briefly try to clarify this conceptualization, and then argue that we may understand the firm in much the same light. A basic view of the firm as an experimental entity is derived, drawing on property rights insights. © 2002 Kluwer Academic Publishers.
引用
收藏
页码:297 / 312
页数:15
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