Home > Business & Economics > Economics > Joint Ventures of Labor and Capital
Joint Ventures of Labor and Capital

Joint Ventures of Labor and Capital


  • Gray Star
  • Gray Star
  • Gray Star
  • Gray Star
  • Gray Star



International Edition


About the Book

This original, insightful book explores how competition among coalitions for members explains which profit-seeking joint ventures of labor and capital form and can survive. The nature, direction, and control of investments by these joint ventures, the division of labor, and the determinants of wages are among the main topics. The principal approach is core theory, whose sources lie in game theory with deep roots in neoclassical economics. Core theory remains unrivaled as a tool for studying competition, especially in markets.
Lester G. Telser uses core theory to explain under what conditions a corporation, mutual fund, or cooperative can survive. He also describes, in terms of the nature and diversity of the projects, the types of investors conducive to the stability of their joint ventures. Core theory can answer several important but overlooked questions about wages. Among these are the relation between ability and wages as well as the relation between the size of a joint venture and the wage formulas conducive to its stability.
Joint Ventures of Labor and Capital will be important to teachers, researchers, and advanced students of economics. Since business practices are always in the forefront, faculties and students in business schools will have a keen interest in this book. Because of the emphasis on the subtleties of competition, it will also prove useful to students and practitioners in law and economics.
Lester G. Telser is Professor of Economics, University of Chicago.


Best Sellers



Product Details
  • ISBN-13: 9780472108664
  • Publisher: University of Michigan Press
  • Publisher Imprint: University of Michigan Press
  • Height: 236 mm
  • No of Pages: 296
  • Series Title: English
  • Weight: 672 gr
  • ISBN-10: 0472108662
  • Publisher Date: 15 Jan 1998
  • Binding: Hardback
  • Language: English
  • Returnable: Y
  • Spine Width: 30 mm
  • Width: 160 mm


Similar Products


Write A Review
Write your own book review for Joint Ventures of Labor and Capital
  • Gray Star
  • Gray Star
  • Gray Star
  • Gray Star
  • Gray Star


 

 

Top Reviews
Be the first to write a review on this book Joint Ventures of Labor and Capital

New Arrivals



Inspired by your browsing history