Description
This book is a collection of essays on the work of G.B. Richardson, an economist who has focused on the concept of markets versus hierarchies, price stability, the economics of information, and the concept of competition based upon differentiated firms.
The work of G.B. Richardson has given insights into key issues and debates such as markets versus hierarchies, price stability, the economics of information and the concept of competition based upon differentiated firms. This collection encourages further development of Richardson's themes. It will make excellent reading for students looking at the capability or competence approach to the firm, and for all those wishing to familiarise themselves with the work of this important economist.