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Information and Organization offers a vision of the economy as a system of structured information flow, counterbalancing the more conventional view of a simple flow of material goods. The structuring is effected by institutions and, in particular, by firms, which specialize in processing the information needed to allocate resources. In place of the orthodox emphasis on the adversarial use of asymmetric information, the book stresses the use of information for creative purposes--for decision-making and coordinating the use of resources.
Author Mark Casson
Publisher Oxford University Press, USA
Publication Date 1997-03-27
Binding Hardcover
ISBN 0198292325
Number Of Pages 328
Sales Rank 1339380