Authors:
Introduces a fresh way of looking at the organization of industries
Contains jargon-free, bite-sized, and accessible chapters
Draws on themes from behavioral economics and cognitive psychology
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Table of contents (14 chapters)
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Front Matter
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The Minds of a Firm
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Front Matter
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The Firm’s Body: The 4 Toos
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Front Matter
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Antibodies
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Front Matter
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Back Matter
About this book
This book takes the reader on a new tour of the world of firms. We start with a visit to the inside of a firm. We meet the owner and the manager. We look deeply into their mindsets. Then we move outside the firm, to observe the firm's outer features. We pay particular attention to its size, its complexity, its fragility, and its similarity to other firms. In the second half of the tour, we visit communities of firms. We watch waves of mergers, chaos, and bubbles. Before returning, we witness battles between firms and creatures that act like antibodies in our blood: corporate raiders, antitrust agencies, and creative destructors. Throughout the tour, we ask how the things we see are linked. This book encourages the reader to see them as feedback loops. The book’s overarching argument is the importance of the separation of ownership and control and how society must pay more attention to the concept..
Authors and Affiliations
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Department of Economics, Wayne State University, Detroit, USA
Li Way Lee
About the author
Bibliographic Information
Book Title: Industrial Organization
Book Subtitle: Minds, Bodies, and Epidemics
Authors: Li Way Lee
DOI: https://doi.org/10.1007/978-3-030-26237-2
Publisher: Palgrave Pivot Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2019
Hardcover ISBN: 978-3-030-26236-5Published: 26 September 2019
eBook ISBN: 978-3-030-26237-2Published: 11 September 2019
Edition Number: 1
Number of Pages: XI, 113
Number of Illustrations: 50 b/w illustrations
Topics: Industrial Organization, Organization, Behavioral/Experimental Economics