Organizational Economics
Title
Organizational Economics
Author
Gibbons, Robert
Roberts, John
Research Area
Social Institutions
Topic
Complex Organizations and Bureaucracies
Abstract
Organizational economics applies the theoretical and empirical methods of economics to study the nature, roles and performance of organizations, especially managed ones like business firms. In this essay we trace the development of this field, survey the questions it addresses, point to recent work that we find especially germane and offer suggestions for promising future directions.