Market Structure, Firms, and Institutional Organization
An Economics Reading List
Coase, Ronald, The Firm, the Market and the Law
Eggertsson, Thrain, Economic Behavior and Institutions
Hirschmann, Albert, Exit, Voice and Loyalty: Responses to Decline in Firms, Organizations and States
Knight, Frank, Risk, Uncertainty, and Profit
This careful work investigating the nature of profits also includes material on the institutional structure of firms and the distribution of residuals, particularly in Part III, Chapter IX-X. It contains an interesting discussion of the difference between risk and uncertainty. See also the
Annotated Bibliography of Frank Knight, by Ross Emmett.
See also: Teacher’s Corner: Risk versus Uncertainty, or Mr. Slate versus Great-Aunt Matilda. Guide to Knight’s contributions on risk and uncertainty.
Masten, Scott, (ed.), Case Studies in Contracting and Organization
North, Douglass, Institutions, Institutional Change and Economic Performance
Rothschild, Michael, Bionomics
Miller, Gary, Managerial Dilemmas: The Political Economy of Hierarchy