In its Fourth Edition, this textbook explores how economic activity is organised from a new institutional economics perspective. Using transactions costs as a continuing theme, the book delivers the necessary skills to understand the evolution of organisational forms and the strengths and weaknesses of different varieties of private and public governance.The importance of entrepreneurship is emphasised throughout. Public policy concerning competition, regulation and the public util...

In the noise of the debate about the EU, it is rare for fundamental questions to be asked. For example, for what purposes should we have international institutions at all? Does the EU meet those purposes and, if not, is reform possible? This book considers these questions. An international team of renowned authors looks at each area of economic policy in which the EU has an interest, as well as at the governing structures of the EU, and asks what, if anything, the EU should be doing. In mo...

Dass Deutschland ein Land ist, das von Vielfalt geprägt wird, ist unbestreitbar. Und dennoch erleben Eingewanderte und ihre Nachkommen täglich Ablehnung und Benachteiligung, sei es auf der Suche nach einer Wohnung, bei Bewerbungsgesprächen oder bei der Fahrscheinkontrolle. Es ist schockierend, wie stark Rassismus immer noch den deutschen Alltag durchzieht. Gleichzeitig sind solche Erfahrungen schwer nachzuempfinden, wenn man sie nicht selbst erlebt hat. Umso wichtiger ist es, Geschichten B...

In recent years there has been a growth in work on the organization of the firm. The same period has also seen a corresponding rise in literature dealing with the organization of the multinational firm, but the two literatures have developed quite separately, even though insights from each have much to offer the other. This unique collection of essays from respected academics aims to bridge this gap, addressing questions of the theory of the firm and international business.The mater...