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Managerial Theories: Baumol and Marris

In: Handbook on the Economics and Theory of the Firm

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  • Olivier Weinstein

Abstract

This unique Handbook explores both the economics of the firm and the theory of the firm, two areas which are traditionally treated separately in the literature. On the one hand, the former refers to the structure, organization and boundaries of the firm, while the latter is devoted to the analysis of behaviours and strategies in particular market contexts. The novel concept underpinning this authoritative volume is that these two areas closely interact, and that a framework must be articulated in order to illustrate how linkages can be created.

Suggested Citation

  • Olivier Weinstein, 2012. "Managerial Theories: Baumol and Marris," Chapters, in: Michael Dietrich & Jackie Krafft (ed.), Handbook on the Economics and Theory of the Firm, chapter 9, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13623_9
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    File URL: https://www.elgaronline.com/view/9781848446489.00016.xml
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    References listed on IDEAS

    as
    1. N/A, 1962. "Part III: Readings in Price Theory," The American Economist, Sage Publications, vol. 6(2), pages 48-53, October.
    2. William J. Baumol, 1962. "Stocks, Flows and Monetary Theory," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 76(1), pages 46-56.
    3. Yarrow, G K, 1976. "On the Predictions of Managerial Theories of the Firm," Journal of Industrial Economics, Wiley Blackwell, vol. 24(4), pages 267-279, June.
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