IDEAS home Printed from https://ideas.repec.org/a/taf/ijecbs/v25y2018i1p31-45.html
   My bibliography  Save this article

Information and the Production of Management in a Theory of the Firm

Author

Listed:
  • Jean-Jacques Rosa

Abstract

I show that the three main contributions to the theory of the business of the last century – those of Cobb and Douglas (1928), Coase (1937), and Lucas (1978) – are actually complementary and can be fitted into a general model of the firm size choice as the solution to a problem of optimal allocation of decision making in the economy. Decisions require information, and the availability and cost of information drives the optimization of firm size by the relevant decision makers - managers and entrepreneurs - pursuing the maximization of profits. Trends in firm size, and their reversals, are shown to depend on the aggregate information/output ratio.

Suggested Citation

  • Jean-Jacques Rosa, 2018. "Information and the Production of Management in a Theory of the Firm," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 25(1), pages 31-45, January.
    • Handle: RePEc:taf:ijecbs:v:25:y:2018:i:1:p:31-45
    DOI: 10.1080/13571516.2017.1390082
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13571516.2017.1390082
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13571516.2017.1390082?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Julien Hanoteau & Jean‐Jacques Rosa, 2019. "Information technologies and entrepreneurship," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 40(2), pages 200-212, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ijecbs:v:25:y:2018:i:1:p:31-45. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CIJB20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.