Business & Economics Books:

Contracts, Co-operation, and Competition

Studies in Economics, Management, and Law
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Hardback
$908.00
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Description

The economic theory of contract is being reshaped in ways which resonate with the findings of socio-legal contract scholars and of industrial economists and sociologists in the Marshallian tradition, who emphasise the 'embeddedness' of organizations within their social and cultural environment. Contractual co-operation is seen as depending on institutional factors which serve to enhance 'trust', and arrangements which in the past were criticized as the product of collusion are being reassessed as potentially efficient responses to market failure. An active debate has begun on how instruments of public policy can best be deployed to arrive at an effective balance between co-operation and competition. This affects both the competitiveness of private sector organizations and the success of deregulatory reforms in the public sphere. These issues are explored within four main areas: developments in private-sector contracting; contract and organization in the public sector; the economics of contract law; and competitiveness and competition policy.
Release date NZ
November 27th, 1997
Audience
  • Professional & Vocational
Contributors
  • Edited by Jonathan Michie
  • Edited by Simon Deakin
Illustrations
line figures, tables
Pages
436
Dimensions
161x242x30
ISBN-13
9780198292661
Product ID
2245235

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