ECONOMIC ANALYSIS AND MANAGEMENT STRATEGY: A SURVEY

Daniel F. Spulber*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

17 Scopus citations

Abstract

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.

Original languageEnglish (US)
Pages (from-to)535-574
Number of pages40
JournalJournal of Economics & Management Strategy
Volume1
Issue number3
DOIs
StatePublished - Sep 1992

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Economics and Econometrics
  • Strategy and Management
  • Management of Technology and Innovation

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