1. The theory of managerial firms : setting the stage -- 2. Strategic delegation in oligopoly -- 3. Mixed oligopolies -- 4. Collusive behaviour and horizontal mergers -- 5. Divisionalization and vertical relations -- 6. Innovation and technical progress -- 7. Endogenous product …
The separation between ownership and control has become common practice over the last century, in most medium and large firms across the world. Throughout the twentieth century, the theory of the firm and the theory of industrial organization developed parallel and complementary…
