Rank

Abstract

The economics of organization is a subject of some current interest. There are various approaches of which this is only one. The subject has no well-defined boundaries, and this book explores only a small part of it. It is more restricted than my earlier “Rank in Organizations” by excluding the economics of careers in organizations. Its main topics are the internal structure of organizations and such questions as returns to scale, loss of control, and the economic advantage of organizations. The table of contents gives some indication of the various topics pursued. While not exhaustive this is, I believe, a coherent and self-contained treatment of some basic questions that economic theory might ask of organizations.