Production, Planning and Prices

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Production, Planning and Prices

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dc.contributor.author B. Richardson, George
dc.date.accessioned 2010-07-02
dc.date.accessioned 2010-07-02T07:59:27Z
dc.date.available 2010-07-02T07:59:27Z
dc.date.issued 2010-07-02
dc.identifier.isbn 87-7873-065-1
dc.identifier.uri http://hdl.handle.net/10398/8095
dc.description.abstract Firms do not exist because of the cost of using the price mechanism, but because they enable actions to be carried out concurrently in conformity with a particular design. This concurrent coordination, which production requires, is distinct from the evolutionary coordination, which is the unintended consequence of market transactions. The two processes are alternatives only to a limited extent. Evolutionary adjustment cannot bring about concurrent coordination, and irreducible uncertainty limits the scope of the planning which does. en_US
dc.format.extent 21 s. en_US
dc.language eng en_US
dc.publisher Copenhagen Business School en_US
dc.relation.ispartofseries DRUID;98-27
dc.subject.other price mechanism, transaction costs coordination. en_US
dc.title Production, Planning and Prices en_US
dc.type wp en_US
dc.accessionstatus modt10jul02 siso en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Institut for Innovation og Organisationsøkonomi en_US
dc.contributor.departmentshort INO en_US
dc.contributor.departmentuk Department of Innovation and Organizational Economics en_US
dc.contributor.departmentukshort INO en_US
dc.idnumber x64495316x en_US
dc.publisher.city københavn en_US
dc.publisher.year 1998 en_US


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