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The Firm as a Nexus of Strategies

Author

Listed:
  • Dow, G.K.

Abstract

This paper replaces the conventional view of the firm as a nexus of contracts with a strategic approach based on the theory of repeated games, where input contributions and side payments are self-enforcing.

Suggested Citation

  • Dow, G.K., 1997. "The Firm as a Nexus of Strategies," Discussion Papers dp97-06, Department of Economics, Simon Fraser University.
    • Handle: RePEc:sfu:sfudps:dp97-06
    as

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    References listed on IDEAS

    as
    1. Hart, Oliver, 1995. "Firms, Contracts, and Financial Structure," OUP Catalogue, Oxford University Press, number 9780198288817, Decembrie.
    2. Drew Fudenberg & Jean Tirole, 1991. "Game Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262061414, December.
    3. Miller,Gary J., 1992. "Managerial Dilemmas," Cambridge Books, Cambridge University Press, number 9780521372817.
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    Cited by:

    1. Dow,Gregory K., 2019. "The Labor-Managed Firm," Cambridge Books, Cambridge University Press, number 9781107589650.

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    More about this item

    Keywords

    ENTERPRISES ; CONTRACTS;

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation

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