THEORY OF THE FIRM AND STRUCTURE OF RESIDUAL RIGHTS

Xiaokai Yang and Yew-Kwang Ng ()

Chapter 10 in Inframarginal Contributions to Development Economics, 2006, pp 231-258 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionA Model with Intermediate GoodsConfiguration and Corner Solution versus Market Structure and Corner EquilibriumStructure of Residual Rights, Economies of Specialization, Economies of Division of Labor, and Economies of the FirmImplications and ConclusionsAppendix: Proof of Proposition 1References

Keywords: Inframarginal; Transaction Costs; Division of Labor (search for similar items in EconPapers)
Date: 2006
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Journal Article: Theory of the firm and structure of residual rights (1995)
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