THE THEORY OF IRRELEVANCE OF THE SIZE OF THE FIRM

Pak-Wai Liu and Xiaokai Yang
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Pak-Wai Liu: Chinese University of Hong Kong, China

Chapter 11 in Inframarginal Contributions to Development Economics, 2006, pp 259-290 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionThe Theories of the Firm and the Story behind the Formal ModelA Model with Consumer-Producers, Economies of Specialization and Transaction CostsConfigurations, Market Structures and General EquilibriumDevelopment in Division of Labor and Average EmploymentConclusionsAppendix A: 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: The theory of irrelevance of the size of the firm (2000)
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