1 Background
Notes
References
2 The division of labour and the firm
Ancient philosophers
Medieval period
Pre-classical economics period
19th century
20th century
Notes
References
3 Development of a theory of production or the firm
Pre-classical economists
The classical economics period
The neoclassical era
Behavioural and managerial models
Contemporary criticisms of the neoclassical model
Coase versus Demsetz on the neoclassical model
Profit maximisation
Malmgren (1961)
Notes
References
4 Possible reasons for the neglect of the firm
Notes
References
Biography
Paul Walker is an economist in Christchurch, New Zealand. He received his PhD in Economics from the University of Canterbury, Christchurch, New Zealand. His research is mainly on the history of economics and the theory of the firm.
