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ECONOMIC ANALYSIS AND MANAGEMENT STRATEGY: A SURVEY
Author(s) -
Spulber Daniel F.
Publication year - 1992
Publication title -
journal of economics and management strategy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.672
H-Index - 68
eISSN - 1530-9134
pISSN - 1058-6407
DOI - 10.1111/j.1430-9134.1992.00535.x
Subject(s) - incentive , perspective (graphical) , economic analysis , industrial organization , strategic management , business , survey data collection , economics , management science , knowledge management , microeconomics , marketing , computer science , classical economics , statistics , mathematics , artificial intelligence
The survey classifies economic theories of the firm into four categories based on the level of aggregation in economic models: (1) neoclassical, (2) industrial organization, (3) contractual, and (4) organizational incentive. Economic theories of the firm are evaluated on the basis of their potential application to problems of management decision making. The survey suggests that a management perspective can be useful in developing an integrated theoretical analysis of the firm that addresses both competitive strategy and organizational design.

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