Pierre Garrouste
Nice U.



(Wednesday, 1st January 2003)

Title : Theories of the Firm

The aim of this workshop is to present and compare the different theories of the firm.

After a rapid introduction where the different conceptions of the firms are historically presented, I first select the main important theories of the firm and present them. I then define the possibility of their comparison. On the basis of some defined criterion, I present both some theoretical and empirical comparisons of the theories of the firm.

Bibliographical references :

Baker, G., Gibbons, R. and Murphy, K.J. (2002), "Relational Contracts and the Theory of the Firm", forthcoming in the Quarterly Journal of Economics, 117:39-83.

Dulbecco, P. and Garrouste, P. (2003) "The New Economy and the Austrian Theory of the Firm" forthcoming in Birner, J. and Garrouste, P. (2003) Markets, Information and Communication ; Austrian Perspectives on the Internet Economy, London : Routledge.

Hölmstom, B. (1999), "The Firm as a Subeconomy", Jounal of Law, Economics and Organization, 15: 74-102.

Plunket, A. and Saussier, S. (2002), "Human Asset Specificity in Alternative Theories of the Firm: How to rule out competing views?", WP, ATOM.