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Market Microstructure

Intermediaries and the Theory of the Firm

Jezik EngleskiEngleski
Knjiga Meki uvez
Knjiga Market Microstructure Daniel F. Spulber
Libristo kod: 02039541
Nakladnici Cambridge University Press, travanj 1999
This book presents a theory of the firm based on its economic role as an intermediary between custom... Cijeli opis
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This book presents a theory of the firm based on its economic role as an intermediary between customers and suppliers. Professor Spulber demonstrates how the intermediation theory of the firm explains firm formation by showing how they arise in a market equilibrium. In addition, the theory helps explain how markets work by showing how firms select market-clearing prices. Models of intermediation and market microstructure from microeconomics and finance shed considerable light on the formation and market-making activities of firms. The intermediation theory of the firm is compared to existing economic theories of the firm including the neoclassical, industrial organization, transaction cost, and principal-agent models.

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Informacije o knjizi

Puni naziv Market Microstructure
Autor Daniel F. Spulber
Jezik Engleski
Uvez Knjiga - Meki uvez
Datum izdanja 1999
Broj stranica 408
EAN 9780521659789
ISBN 0521659787
Libristo kod 02039541
Nakladnici Cambridge University Press
Težina 610
Dimenzije 203 x 231 x 31

Kategorija

Economics, Finance, Business & Management > Economics > Economic theory & philosophy
Economics, Finance, Business & Management > Economics > Microeconomics
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