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Focusing on economic control methods, the book explores how self-interest and voluntary contracts can guide sectors without extensive planning or ideal competition. It emphasizes a trial-and-error approach, adjusting targets based on real-time results. The author demonstrates that these methods are versatile, applicable to privately owned, nationalized, mixed, or labor-managed industries, offering a pragmatic alternative to traditional economic strategies.
Buchkauf
Information, Incentives and the Economics of Control, G. C. Archibald
- Sprache
- Erscheinungsdatum
- 2005
- product-detail.submit-box.info.binding
- (Paperback)
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- Titel
- Information, Incentives and the Economics of Control
- Sprache
- Englisch
- Autor*innen
- G. C. Archibald
- Erscheinungsdatum
- 2005
- Einband
- Paperback
- Seitenzahl
- 192
- ISBN13
- 9780521022798
- Kategorie
- Wirtschaft
- Beschreibung
- Focusing on economic control methods, the book explores how self-interest and voluntary contracts can guide sectors without extensive planning or ideal competition. It emphasizes a trial-and-error approach, adjusting targets based on real-time results. The author demonstrates that these methods are versatile, applicable to privately owned, nationalized, mixed, or labor-managed industries, offering a pragmatic alternative to traditional economic strategies.