Book contents
- Frontmatter
- Contents
- List of figures
- List of tables
- Introduction: the supply-side in context
- Part 1 Expert employees and their new organization
- Part 2 The labour market and the expert employee
- Appendix A Formal exposition of Winston model
- Appendix B Agency employment and search costs
- Notes
- References
- Index
Part 1 - Expert employees and their new organization
Published online by Cambridge University Press: 23 November 2009
- Frontmatter
- Contents
- List of figures
- List of tables
- Introduction: the supply-side in context
- Part 1 Expert employees and their new organization
- Part 2 The labour market and the expert employee
- Appendix A Formal exposition of Winston model
- Appendix B Agency employment and search costs
- Notes
- References
- Index
Summary
An economist thinks of the economic system as being co-ordinated by the price mechanism and society becomes not an organisation but an organism. This does not mean that there is no planning by individuals. These exercise foresight and choose between alternatives. This is necessarily so if there is to be order in the system … Within a firm the description does not fit well at all.
R. H. Coase, The Nature of the Firm- Type
- Chapter
- Information
- Managing KnowledgeExperts, Agencies and Organisations, pp. 15 - 16Publisher: Cambridge University PressPrint publication year: 1997