Market Microstructure : Intermediaries and the Theory of the Firm
Book Details
Format
Paperback / Softback
ISBN-10
0521659787
ISBN-13
9780521659789
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 13th, 1999
Print length
408 Pages
Weight
610 grams
Dimensions
23.10 x 20.30 x 3.10 cms
Product Classification:
Microeconomics
Ksh 7,850.00
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This book addresses two closely related questions: 'why do firms exist?' and 'how do markets work?' Professor Spulber presents a theory of the firm based on various models of intermediation. The intermediation framework is compared with other analyses of the firm: neoclassical, industrial organization, transaction cost, and principal-agent.
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