This unique Handbook explores both the economics of the firm and the theory of the firm, two areas which are traditionally treated separately in the literature. On the one hand, the former refers to the structure, organization and boundaries of the firm, while the latter is devoted to the...

We explore the relationship between business ownership and attitudes towards financial risk using individual level data drawn from the US <italic>Survey of Consumer Finances</italic> (SCF). The SCF includes a measure of individuals’ attitudes towards risk allowing us to explore the implications of...

This article investigates the extent to which the European economy (as a whole) has entered a period of restructuring from 1970 to the present, and assesses whether different theories of restructuring can explain the processes involved.Three political economy perspectives on restructuring are...

Examines the implications for the economics of the firm of the development of total quality control and just-in-time management which are becoming increasingly important for intrafirm resource allocation. Shows the Alchian and Demsetz and transaction cost perspectives on the firm and work...

This paper suggests that the firm can be analysed as a regulated system of contested sovereignty. The economic literature on the firm is categorised in terms of four different perspectives on sovereignty identified using the twin factors of power and authority. But rather than any single...