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Selected Readings
SELECTED READINGS Alchain,A.A., and H. Demsetz.“Production, Information Costs, and Economic Organization,” American Economic Review, 57 (December 1972), pp. 777–795. Baumol, W. J. Business Behavior, Value and Growth. New York: Harcourt Brace Jovanovich, 1967. Boyes, W., and M. Melvin. Microeconomics, 3rd ed. Boston: Houghton Mifflin, 1996. Brennan, M. J., and T. M. Carroll. Preface to Quantitative Economics & Econometrics, 4th ed. Cincinnati, OH: South-Western Publishing, 1987. Case, K. E., and R. C. Fair. Principles of Microeconomics. Upper Saddle River, NJ: PrenticeHall, 1999. Glass, J. C. An Introduction to Mathematical Methods in Economics. New York: McGraw-Hill, 1980. Coase, R. “The Nature of the Firm.” Economia, 4 (1937), pp. 386–405. Demsetz, H., and K. Lehn. “The Structure of Corporate Ownership: Causes and Consequences.” Journal of Political Economy, 93 (December 1985), pp. 1155–1177. Diamond, D. W., and R. E. Verrecchia. “Optimal Managerial Contracts and Equilibrium Security Prices.” Journal of Finance, 37 (May 1982), pp. 275–287. Fama, E. F., and M. C. Jensen. “Separation of Ownership and Control.” Journal of Law and Economics, 26 (June 1983), pp. 301–325. ———. “Agency Problems and Residual Claims.” Journal of Law and Economics, 26 (June 1983), pp. 327–349. Green, W. H. Econometric Analysis, 3rd ed. Upper Saddle River, NJ: Prentice-Hall, 1997. Grossman, S. J., and O. D. Hart. “An Analysis of the Principal-Agent Problem” Econometrica, vol. 51 (January 1983), pp. 7–45. Gujarati, D. Basic Econometrics, 3rd ed. New York: McGraw-Hill, 1995. Harris, M., and A. Raviv. “Some Results on Incentive Contracts with Applications to Education and Employment, Health Insurance, and Law Enforcement.” American Economic Review, 68 (March 1978), pp. 20–30. Henderson, J. M., and R. E. Quandt. Microeconomic Theory: A Mathematical Approach, 2nd ed. New York: McGraw-Hill, 1971. Holstrom, B. “Moral Hazard and Observability.” Bell Journal of Economics, 10 (Spring 1979), pp. 74–91. ———. “Moral Hazard in Teams.” Bell Journal of Economics, 13 (Spring 1982), pp. 324–340. Jensen, M. C., and W. H. Meckling. “Theory of the Firm: Managerial Behavior, Agency Costs, and Ownership Structure.” Journal of Financial Economics, 3 (October 1976), pp. 305–360. MacDonald, G. M. “New Directions in the Economic Theory of Agency.” Canadian Journal of Economics, 17 (August 1984), pp. 415–440. Marris, R., and A. Wood, eds. The Corporate Economy: Growth, Competition, and Innovative Potential. Cambridge, MA: Harvard University Press, 1971. McGuire, J. W., J. S. Y. Chiu, and A. O. Elbing. “Executive Incomes, Sales and Profits.” American Economic Review, 52 (September 1962), pp. 753–761. Ramanathan, R. Introductory Econometrics with Applications, 4th ed. New York: Dryden Press, 1998. Shavell, S. “Risk Sharing and Incentives in the Principal and Agent Relationship.” Bell Journal of Economics, 10 (Spring 1979), pp. 55–73. Silberberg, E. The Structure of Economics: A Mathematical Analysis. New York: McGraw-Hill, 1978. Simon, H. “Theories of Decision-Making in Economics and Behavioral Science.” American Economic Review, 59 (1959), pp. 253–283. Smith, A. The Wealth of Nations (1776). Available from Modern Library, New York. Williamson, O. The Economic Institutions of Capitalism. New York: Free Press, 1985.