Description
Book SynopsisCase studies examining how firms co-ordinate economic activity in the face of asymmetric information are the focus of this volume. It studies the development of the flow of information and co-ordination of economic activity within and between firms.
Table of ContentsIntroduction: History and Theory in Search of One Another Naomi R. Lamoreaux, Daniel M. G. Raff. 1: The Puzzling Profusion of Compensation Systems in the Interwar Automobile Industry Daniel M. G. Raff Comment Walter Licht 2: Industrial Engineering and the Industrial Enterprise, 1890-1940 Daniel Nelson Comment Michael J. Piore 3: The Coordination of Business Organization and Technological Innovation within the Firm: A Case Study of the Thomson-Houston Electric Company in the 1880s W. Bernard Carlson Comment John Sutton 4: Organization and Coordination in Geographically Concentrated Industries Michael J. Enright Comment Kenneth L. Sokoloff 5: The Boundaries of the U.S. Firm in R&D David C. Mowery Comment Joel Mokyr 6: Legal Restraints on Economic Coordination: Antitrust in Great Britain and America, 1880-1920 Tony Freyer Comment Victor P. Goldberg 7: The Evolution of Interregional Mortgage Lending Channels, 1870-1940: The Life Insurance-Mortgage Company Connection Kenneth A. Snowden Comment Timothy W. Guinnane 8: The Costs of Rejecting Universal Banking: American Finance in the German Mirror, 1870-1914 Charles W. Calomiris Comment Peter Temin Contributors Name Index Subject Index