The conference grows out of conversations among several HBS faculty about what happens to the standard theory of the firm when we incorporate the fact that firms are not only economic actors but ...

7/23/2009 - A new book by Kellogg Professor Daniel F. Spulber seeks to fill a gaping hole in economics that has saddled the profession for nearly 100 years. “In the press and in politics, we are ...

The Southern Economic Journal features original, refereed scholarly articles in all areas of economics as well as contributions on the pedagogy of economics. The journal also contains occasional ...

This paper presents a model of the firm that includes the possibility of firm and employee on-the-job decision making based on alternatives to profit and utility maximization. Such alternatives are ...

One of the most striking things about attending the annual meeting of the American Economic Association1452111362362 after a long absence is that economics is now really all about the data. Older ...

Van den Steen, Eric J. "Interpersonal Authority in a Theory of the Firm." American Economic Review 100, no. 1 (March 2010): 466–490.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Amitrajeet A. Batabyal does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations ...

The 2016 Nobel Prize in Economics was awarded Monday to Oliver Hart and Bengt Holmström for their work in contract theory — developing a framework to understand agreements like insurance contracts, ...

Nelson and Winter realize that all models, including traditional ones, are abstractions, but... These abstractions give rise to predictions of behavior that do not arise, Traditional theory does not ...