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Search - Division of Labor, Variability, Coordination, and the Theory of Firms and Markets (Theory and Decision Library A:)
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Division of Labor Variability Coordination and the Theory of Firms and Markets - Theory and Decision Library A: Author: A new approach to explaining the existence of firms and markets, focusing on variability and coordination. It stands in contrast to the emphasis on transaction costs, and on monitoring and incentive structures, which are prominent in most of the modern literature in this field. This approach, called the variability approach, allows us to: s... more »
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