Entrepreneurial Salome

Neil M. Kay

Chapter 3 in The Emergent Firm, 1984, pp 32-42 from Palgrave Macmillan

Abstract: Abstract In this chapter the existence of information problems relating specifically to firms are established. In doing so, the role of the firm as an information handling system will be emphasised and consideration given to the full implications of the perfect knowledge assumption in this context. The likely nature of information problems will be considered in more detail in later chapters; here we are content to identify their various origins. In doing so, Pirsig’s comment above will help signpost the significance of empirical phenomena obscured by neoclassical theory.

Keywords: Market Structure; Profit Maximisation; Entry Barrier; Perfect Knowledge; Information Problem (search for similar items in EconPapers)
Date: 1984
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DOI: 10.1007/978-1-349-17517-8_3

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