Economics at your fingertips  

Firms as problem solvers: economics meets computer science

Minseong Kim

MPRA Paper from University Library of Munich, Germany

Abstract: A theory of the firm based on the idea that firms are problem solvers is developed. A network of firms and hierarchical structure of an individual firm are analyzed in terms of distributed and parallel computing. This framework, based on notions of computer science, allows us a simple answer to why a network of firms exists instead of a network of individuals.

Keywords: theory of the firm; vertical integration; parallel computing; distributed computing; synchronization (search for similar items in EconPapers)
JEL-codes: D20 D40 L20 (search for similar items in EconPapers)
Date: 2019-12-01
New Economics Papers: this item is included in nep-bec, nep-com and nep-ore
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

Page updated 2020-05-19
Handle: RePEc:pra:mprapa:97332