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Tables of Contents for Economic Organization, Capabilities and Co-Ordination
Chapter/Section Title
Page #
Page Count
List of illustrations
ix
1
Notes on contributors
x
 
1 Introduction: co-ordination and capabilities
1
13
NICOLAI J. FOSS
BRIAN J. LOASBY
2 George Richardson's career and the literature of economics
14
30
PETER E. EARL
Introduction
14
1
Richardson's path to economics
15
3
The research co-ordination problem
18
2
The limited impact of Richardson's work
20
4
Was Debreu the cause of Information and Investment's failure to take off in the 1960s?
24
6
Networks, institutions and academic search processes
30
4
Conclusion
34
10
3 Some principles of economic organisation
44
19
GEORGE B. RICHARDSON
The need for co-ordination
44
1
The invisible hand
45
1
A cardinal principle of economic organisation
46
1
The need for co-operation
47
1
The need for direction
48
2
Direction: its scope and limits
50
1
The firm as a microeconomy
51
1
Pricing within a firm
52
2
Communications, scale and structure
54
1
A summary of the argument so far
55
2
The costs of consolidation
57
1
Other functions of the firm
58
5
4 Co-operation and competition paradoxes in the theory of the organisation of industry
63
20
JACQUES-LAURENT RAVIX
Introduction
63
1
Information, knowledge and industrial co-ordination
64
6
The nature of the firm and the paradox of co-operation
70
5
The nature of industry and the paradox of competition
75
4
Conclusion
79
4
5 Marshall, Andrews and Richardson on markets: an interpretation
83
21
RICHARD ARENA
CLAIRE CHARBIT
Introduction
83
1
General Economic Equilibrium: agents and markets
84
2
Agents and markets in a Marshallian perspective
86
6
Individual agents in Andrews and Richardson
92
5
Global markets in Andrews and Richardson
97
4
Conclusion
101
3
6 Information and investment in a wider context
104
17
DENIS O'BRIEN
Introduction
104
2
Richardson's criticism of general equilibrium
106
1
The origins of the problem of knowledge
107
2
Attempts to mend the model: the Marshallian elements
109
4
The defence of cartelisation
113
2
The planned economy
115
1
Considerations from the wider literature
116
1
Conclusion
117
4
7 Information and co-ordination in an effective competitive process: Downie's evolutionary model as a means of resolving Richardson's problem with competition in the context of post-Marshallian economics
121
17
JOHN NIGHTINGALE
Introduction
121
1
Downie's population ecology of the industry
122
5
Richardson's competitive process
127
5
An alternative welfare economics
132
2
Conclusion
134
4
8 Austrian and post-Marshallian economics: the bridging work of George Richardson
138
25
NICOLAI J. FOSS
Introduction
138
2
Marshall, the post-Marshallians and Austrian economics
140
4
George Richardson: Marshallian answers to Austrian problems
144
8
Austrian and post-Marshallian economics: the theory of the firm
152
4
Conclusion
156
7
9 The concept of capabilities
163
20
BRIAN J. LOASBY
Introduction
163
1
The division of labour and the organisation of knowledge
164
3
Direct `knowledge how'
167
3
Indirect `knowledge how'
170
1
Competitive advantage
171
7
Capabilities in decision-making
178
1
The evolution of capabilities
179
4
10 Capabilities and the theory of the firm
183
21
RICHARD N. LANGLOIS
Introduction
183
1
Production costs I: Pigovian price theory
184
1
Transaction costs
185
3
Modern transaction-cost theory
188
5
Production costs redux: capabilities
193
11
11 Information costs and the organisational structure of the multinational enterprise
204
18
MARK CASSON
Introduction
204
2
General principles
206
3
Meta-rationality: minimising the risk of mistakes
209
2
Decisiveness, consultation and the internal balance of power
211
2
The quality of information
213
3
Applications to the multinational enterprise
216
6
12 Clusters of collaboration: the firm, join ventures, alliances and clubs
222
21
NEIL M. KAY
Introduction
222
1
The evolution of collaborative activity
223
3
The evolution of collaboration in the diversified firm
226
4
The evolution of strategic business alliances
230
10
Conclusions
240
3
13 Limits to a firm's rate of growth: the Richardsonian view and its contemporary empirical significance
243
18
GAVIN C. REID
Introduction
243
1
Richardson's view on restraints to growth
244
2
Contemporary evidence on limits to a firm's growth
246
6
Limits to small-firm growth: the trade-off relationship
252
4
Conclusion
256
5
14 Information, similar and complementary assets, and innovation policy
261
28
PAUL L. ROBERTSON
Introduction
261
1
Information and innovation
262
13
Information, similarity and complementarity
275
3
Innovation and industry maturity
278
4
Conclusion
282
7
Index
289