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The Economics Of Organization And Coordination

An Introduction
Peter-J. Jost, WHU – Otto Beisheim School of Management, Vallendar, Germany
This book provides a comprehensive economic approach for the analysis of organizational structure. It considers the parallels of coordination within firms, coordination between firms and market coordination and offers an economic analysis of the advantages and disadvantages of various instruments of coordination. Looking at examples in the practical world, it provides individual concepts and insights on an economic approach to organization.
Extent: 392 pp
Hardback Price: £98.00 Online: £88.20
Publication Date: 2011
ISBN: 978 1 84844 189 7
Availability: In Stock
Paperback Price: £31.00 Online: £24.80
Publication Date: 2013
ISBN: 978 0 85793 849 7
Availability: In Stock
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  • Business and Management
  • Strategic Management
  • Economics and Finance
  • Industrial Organisation
  • Institutional Economics
This book provides a comprehensive economic approach for the analysis of organizational structure. It considers the parallels of coordination within firms, coordination between firms and market coordination and offers an economic analysis of the advantages and disadvantages of various instruments of coordination. Looking at examples in the practical world, it provides individual concepts and insights on an economic approach to organization.

The book first presents an overall framework of economic organization and its architecture. It then analyses non-hierarchical coordination mechanisms, and the structure of hierarchical coordination before addressing the choice of a suitable organizational structure.

The book will be useful for students of economic and social sciences, with an emphasis on organization and personnel, as well as practitioners in organization and management.
Contents: Preface Part I: Organizations and the Role of Coordination 1. Economic Organizations and their Architecture 2. The Analysis of the Coordination Problem Part II: Coordinating Economic Activities: From Markets to Hierarchies 3. The Efficiency of Markets 4. The Analysis of Transactions Part III: Hierarchies as a Coordination Mechanism 5. Basic Forms of Hierarchical Coordination 6. Organizational Structures Bibliography Index