{"product_id":"the-theory-of-the-firm-daniel-f-spulber-9780521736602","title":"The Theory of the Firm","description":"The Theory of the Firm presents a path-breaking general framework for understanding the economics of the firm. The book addresses why firms exist, how firms are established, and what contributions firms make to the economy. The book presents a new theoretical analysis of the foundations of microeconomics that makes institutions endogenous. Entrepreneurs play a central economic role by establishing firms. In turn, firms create and operate markets and organizations. The book provides innovative models of economic equilibrium that endogenously determine the structure and function of economic institutions. The book proposes an \"intermediation hypothesis\" - the establishment of firms depends on the effects of transaction costs and on the extent of the market.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Daniel F. Spulber\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0521736609\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780521736602\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Cambridge University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/06\/2009\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 544\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 2.05lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.90h x 6.90w x 1.30d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eChoice\u003c\/i\u003e 03\/01\/2010","brand":"Daniel F. Spulber","offers":[{"title":"Paperback","offer_id":43995552776447,"sku":"9780521736602","price":39.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_ff4436e7-2037-4048-9a6f-0bb18565b226.jpg?v=1683336468","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-theory-of-the-firm-daniel-f-spulber-9780521736602","provider":"WR Book House","version":"1.0","type":"link"}