1. What we know and what we don't know about the firm -- 2. The extent of the market process -- 3. The 'specialisation deadlock' -- 4. Entrepreneurship and integration -- 5. Authority and hierarchy -- 6. The volatile character of the firm -- 7. Financing, ownership, and boundaries of the firm --...

This paper studies the aggregate substitution and expansion effects triggered by changes in input prices, in a context where firms supply a homogenous commodity and compete in quantities à la Cournot. We derive a sufficient condition for the existence of a Cournot equilibrium and show that this...