The Theory of the Firmfirstly offers a brief overview of the past, consisting of a concise discussion of the classical view of production, followed by an outline of the development of the neoclassical - or ‘textbook’ - approach to firm level production.? Secondly, the ‘present’ of the theory of the firm is discussed in three sections. The first section considers the post-1970 theory of the firm literature per se, while the second section scrutinises the relationship between the three most prominent of the modern sets of theories: the reference point, property rights and transaction cost approaches. The third section looks at the theory of privatisation. The unique aspects of this book includes its discussions of the post-1970 contributions to the theory of the firm; the integration of the theory of the entrepreneur with the theory of the firm; and the theory of privatisation.
This volume offers an intuitive introduction to the theories of the firm as well as simple formal models of the most important contributions to the literature. It also outlines the historical evolution of the traditional and modern theories of the firm. This book is of great interest to those who study history of economic thought, industrial economics and organizational studies.
stress the importance of 'wellbeing'to the general public. But how can wellbeing be
defined and measured? Should the promotion of wellbeing lie at the heart of all policy
Charting the history and evolution of the public health agenda, this insightful reader argues
the place of wellbeing in local and national strategy. It identifies some of the critical events
that have influenced the development of public health systems, and looks at the challenges
for policy- makers and professionals in the formulation and delivery of effective strategies
for the future.
With contributions from academics and practitioners working within the public, voluntary
and private sectors, the book explores the challenges of defining and promoting wellbeing: across the lifespan, from childhood and youth to older age through a range of approaches, such as town planning and partnership working within a variety of settings, including the workplace, the community and the National
Grounded with grassroots examples of local strategy in action, From Public Health to
Wellbeing offers fresh insights into the promotion of wellbeing in thetwenty-first century. It is a
valuable resource for students of public health, health promotion, the social sciences and
social policy, as well as for any practitioner supporting health promotion within the
public, private or voluntary sector.