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The Limits of Organization (Fels Lectures on Public Policy Analysis)
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Located in: Rossendale, United Kingdom
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eBay item number:156130093774
Item specifics
- Condition
- Book Title
- The Limits of Organization (Fels Lectures on Public Policy Analys
- Genre
- SOCIAL SCIENCE
- ISBN
- 9780393093230
- Publication Year
- 1974
- Type
- Textbook
- Format
- Paperback
- Language
- English
- Publication Name
- The Limits of Organization
- Item Height
- 213mm
- Publisher
- WW Norton & Co
- Item Width
- 130mm
- Subject
- Economics
- Item Weight
- 106g
- Number of Pages
- 88 Pages
About this product
Product Information
The tension between what we wish for and what we can get, between values and opportunities, exists even at the purely individual level. A hermit on a mountain may value warm clothing and yet be hard-pressed to make it from the leaves, bark, or skins he can find. But when many people are competing with each other for satisfaction of their wants, learning how to exploit what is available becomes more difficult. In this volume, Nobel Laureate Kenneth J. Arrow analyzes why - and how - human beings organize their common lives to overcome the basic economic problem: the allocation of scarce resources. The price system is one means of organizing society to mediate competition, and Arrow analyzes its successes and failures. Alternative modes of achieving efficient allocation of resources are explored: government, the internal organization of the firm, and the 'invisible institutions' of ethical and moral principles. Professor Arrow shows how these systems create channels to make decisions, and discusses the costs of information acquisition and retrieval. He investigates the factors determining which potential decision variables are recognized as such. Finally, he argues that organizations must achieve some balance between the power of the decision makers and their obligation to those who carry out their decisions - between authority and responsibility.
Product Identifiers
Publisher
WW Norton & Co
ISBN-13
9780393093230
eBay Product ID (ePID)
87198811
Product Key Features
Publication Name
The Limits of Organization
Format
Paperback
Language
English
Subject
Economics
Publication Year
1974
Type
Textbook
Number of Pages
88 Pages
Dimensions
Item Height
213mm
Item Width
130mm
Item Weight
106g
Additional Product Features
Country/Region of Manufacture
United States
Item description from the seller
Business seller information
Revival Books Ltd
Revival Books
Hall Carr Mill
Fallbarn Road
Rawtenstall
Lancashire
BB4 7NX
United Kingdom
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- GB 901578627
Company registration number:
- 07693718
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