Market Microstructure: Intermediaries and the Theory of the Firm Book + PRICE WATCH * Amazon pricing is not included in price watch

Market Microstructure: Intermediaries and the Theory of the Firm Book

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 prinicipal-agent models.Read More

from£N/A | RRP: £22.99
* Excludes Voucher Code Discount Also available Used from £N/A
  • 0521659787
  • 9780521659789
  • Daniel F. Spulber
  • 13 April 1999
  • Cambridge University Press
  • Paperback (Book)
  • 408
As an Amazon Associate we earn from qualifying purchases. If you click through any of the links below and make a purchase we may earn a small commission (at no extra cost to you). Click here to learn more.

Would you like your name to appear with the review?

We will post your book review within a day or so as long as it meets our guidelines and terms and conditions. All reviews submitted become the licensed property of www.find-book.co.uk as written in our terms and conditions. None of your personal details will be passed on to any other third party.

All form fields are required.