The Co-Operative Game Theory of the Firm

by Masahiko Aoki

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This highly original book challenges the orthodox economic theory of the firm as a mysterious "black box" whose internal design is unknown and irrelevant and which operates solely to maximize shareholder profit. Instead, the author proposes a new "cooperative game theory," in which the firm is a coalition of shareholders and employees, with its market behavior and internal distribution the result of a cooperative game (bargaining). Aoki tests his...

Format:Paperback

Language:English

ISBN:0198772688

ISBN13:9780198772682

Release Date:October 1986

Publisher:Oxford University Press, USA

Length:229 Pages

Weight:0.73 lbs.

Dimensions:0.5" x 6.1" x 9.2"

Related Subjects

Business Business & Investing Political Science Politics & Social Sciences

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The Co-Operative Game Theory of the Firm

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