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Markets as institutions versus organizations as markets? Disentangling some fundamental concepts

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  • Menard, Claude

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

Volume (Year): 28 (1995)
Issue (Month): 2 (October)
Pages: 161-182

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Handle: RePEc:eee:jeborg:v:28:y:1995:i:2:p:161-182

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Web page: http://www.elsevier.com/locate/jebo

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References

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  1. Coase, Ronald H., 1991. "The Institutional Structure of Production," Nobel Prize in Economics documents 1991-1, Nobel Prize Committee.
  2. Gary S. Becker, 1981. "A Treatise on the Family," NBER Books, National Bureau of Economic Research, Inc, number beck81-1, octubre-d.
  3. Herbert A. Simon, 1991. "Organizations and Markets," Journal of Economic Perspectives, American Economic Association, vol. 5(2), pages 25-44, Spring.
  4. Moe, Terry M, 1991. "Politics and the Theory of Organization," Journal of Law, Economics and Organization, Oxford University Press, vol. 7(0), pages 106-29, Special I.
  5. William G. Ouchi, 1979. "A Conceptual Framework for the Design of Organizational Control Mechanisms," Management Science, INFORMS, vol. 25(9), pages 833-848, September.
  6. North, D.C., 1990. "A Transaction Cost Theory of Politics," Papers 144, Washington St. Louis - School of Business and Political Economy.
  7. Joseph E. Stiglitz, 1973. "Incentives and Risk-Sharing in Sharecropping," Cowles Foundation Discussion Papers 353, Cowles Foundation for Research in Economics, Yale University.
  8. Claude Ménard, 1994. "Organizations As Coordinating Devices," Metroeconomica, Wiley Blackwell, vol. 45(3), pages 224-247, October.
  9. Fama, Eugene F & Jensen, Michael C, 1983. "Agency Problems and Residual Claims," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 327-49, June.
  10. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
  11. Jevons, William Stanley, 1871. "The Theory of Political Economy," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number jevons1871.
  12. Kenneth J. Arrow, 1964. "Control in Large Organizations," Management Science, INFORMS, vol. 10(3), pages 397-408, April.
  13. Fama, Eugene F & Jensen, Michael C, 1983. "Separation of Ownership and Control," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 301-25, June.
  14. Edwards, P. K., 1990. "The politics of conflict and consent : How the labor contract really works," Journal of Economic Behavior & Organization, Elsevier, vol. 13(1), pages 41-61, January.
  15. Williamson, Oliver E, 1991. "Economic Institutions: Spontaneous and Intentional Governance," Journal of Law, Economics and Organization, Oxford University Press, vol. 7(0), pages 159-87, Special I.
  16. Winter, Sidney G, 1988. "On Coase, Competence, and the Corporation," Journal of Law, Economics and Organization, Oxford University Press, vol. 4(1), pages 163-80, Spring.
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Cited by:
  1. Giuseppina Autiero, 2000. "Governmental Organized Learning and Coordination Problems: The case of Japan in 1950s," CELPE Discussion Papers 56, CELPE - Centre of Labour Economics and Economic Policy, University of Salerno, Italy.
  2. Slangen, Louis H.G. & van Kooten, G. Cornelis & Suchanek, Pavel, 2002. "Institutions of sustainability in Central and Eastern European Countries," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24797, European Association of Agricultural Economists.
  3. Colombatto, Enrico, 1998. "An Institutional View of LDC Failure," Journal of Policy Modeling, Elsevier, vol. 20(5), pages 631-648, October.
  4. Chao Hu & Pengguo Wang, 2005. "The Determinants of Foreign Currency Hedging–Evidence from Hong Kong Non-Financial Firms," Asia-Pacific Financial Markets, Springer, vol. 12(1), pages 91-107, March.
  5. Nugent, Jeffrey B. & Sanchez, Nicholas, 1999. "The local variability of rainfall and tribal institutions: the case of Sudan," Journal of Economic Behavior & Organization, Elsevier, vol. 39(3), pages 263-291, July.
  6. Brian J. Loasby, 2001. "Industrial Dynamics Why Connections Matter," DRUID Working Papers 01-09, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
  7. Geoffrey Hodgson, 2002. "The Legal Nature of the Firm and the Myth of the Firm-Market Hybrid," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 9(1), pages 37-60.
  8. Olsson, Ola, 2000. "A Microeconomic Analysis of Institutions," Working Papers in Economics 25, University of Gothenburg, Department of Economics.
  9. Anna Grandori, 1997. "Governance Structures, Coordination Mechanisms and Cognitive Models," Journal of Management and Governance, Springer, vol. 1(1), pages 29-47, March.
  10. Hurrelmann, Annette, 2008. "Analysing agricultural land markets as organisations: An empirical study in Poland," Journal of Economic Behavior & Organization, Elsevier, vol. 67(1), pages 338-349, July.
  11. Scott E. Page, 1998. "Uncertainty, Difficulty, and Complexity," Research in Economics 98-08-076e, Santa Fe Institute.
  12. Cerrato, Daniele, 2006. "The multinational enterprise as an internal market system," International Business Review, Elsevier, vol. 15(3), pages 253-277, June.
  13. Consoli, Davide & Patrucco, Pierpaolo, 2004. "The Knowledge Trade-Off: Circulation, Growth and the Role of Knowledge-Intensive Business Services in Urban Innovation Systems," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 200402, University of Turin.
  14. Brian Loasby, 2005. "Entrepreneurship, Evolution and the Human Mind," Papers on Economics and Evolution 2005-13, Max Planck Institute of Economics, Evolutionary Economics Group.
  15. Denis Phan & Stephane Pajot & Jean-Pierre Nadal, 2003. "The Monopolist's Market with Discrete Choices and Network Externality Revisited: Small-Worlds, Phase Transition and Avalanches in an ACE Framework," Computing in Economics and Finance 2003 150, Society for Computational Economics.
  16. Krol, Noortje & Polman, Nico & Peerlings, Jack & Nikolov, Dimitre, 2010. "Changing governance in the EU milk supply chain," IAMO Forum 2010: Institutions in Transition – Challenges for New Modes of Governance 52703, Leib­niz Institute of Agricultural Development in Central and Eastern Europe (IAMO).
  17. Paschalis Arvanitidis, 2006. "Property Market Purpose Efficiency: An Exploratory Analysis From an Institutional Economics Perspective," ERSA conference papers ersa06p567, European Regional Science Association.
  18. Vandermeulen, Valerie & Vuylsteke, Anne & Van Huylenbroeck, Guido, 2011. "A System Approach on Organizational Innovations in the Agro-Food Sector: The Case of AFSCs in Flanders," 2011 International European Forum, February 14-18, 2011, Innsbruck-Igls, Austria 122011, International European Forum on Innovation and System Dynamics in Food Networks.
  19. Saras Sarasvathy & Nicholas Dew, 2005. "New market creation through transformation," Journal of Evolutionary Economics, Springer, vol. 15(5), pages 533-565, November.

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