Wednesday, April 26, 2006

Organizational economics in financial market

Organizational economics... likely is commonly applied in financial theories. Akerlof, who with Stiglitz obtained Nobel Prize 2001, mentioned about asymmetric information, which is usefull for analysis financial market today. Jansen and Meckling analized the principal - agency relation, which is one of the most powerfull on the issues of corporate governance. Olivier Willimson proposed transaction cost theory brining hierarchy versus market in his analysis.

All are about organizational economics...


Post a Comment

Subscribe to Post Comments [Atom]

<< Home