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This essay asks whether business firms should be treated as moral or legal persons, capable of bearing rights and duties as distinct entities. Building on earlier work describing firms as relational contracts in performance (Adelstein 2010), it considers the nature of legal and moral...
Persistent link: https://www.econbiz.de/10010659571
This essay asks what firms are, whether they are ‘real’ social actors, and whether their actions can be traced without remainder to the actions of living people or whether there is some irreducible aspect of their existence or operation that must be attributed to the organization itself. It...
Persistent link: https://www.econbiz.de/10010659573
This essay asks whether business firms should be treated as moral or legal persons, capable of bearing rights and duties as distinct entities. Building on earlier work describing firms as relational contracts in performance [Adelstein, 2010], it considers the nature of legal and moral...
Persistent link: https://www.econbiz.de/10010709809
This essay draws on the transaction costs model of the firm and an Austrian perspective on the knowledge problem in centrally planned orders to propose an empirically useful Austrian theory of central planning. After an initial review of existing theories of the firm, part two develops insights...
Persistent link: https://www.econbiz.de/10005722272
This essay draws on the transaction costs model of the firm and an Austrian perspective on the knowledge problem in centrally planned orders to propose an empirically useful Austrian theory of central planning. Afteran initial review of existing theories of the firm, part two develops insights...
Persistent link: https://www.econbiz.de/10010660768