The Co-Operative Game Theory of the Firm

by Masahiko Aoki

Book Overview

This highly original book challenges the orthodox economic theory of the firm as a mysterious "black box" whose internal design is unknown and irrelevant and which operates solely to maximize shareholder profit. Instead, the author proposes a new "cooperative game theory," in which the firm is a coalition of shareholders and employees, with its market behavior and internal distribution the result of a cooperative game (bargaining). Aoki tests his...

• Format: Paperback
• Language: English
• ISBN: 0198772688
• ISBN13: 9780198772682
• Release Date: October 1986
• Publisher: Oxford University Press, USA
• Length: 229 Pages
• Weight: 0.73 lbs.
• Dimensions: 0.5" x 6.1" x 9.2"