Information theory of the firm

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Title Information theory of the firm
Publication Type thesis
School or College College of Social & Behavioral Science
Department Economics
Author Anderson, Andrew Gail
Date 2015
Description The purpose of this thesis is to explain the role of information in the theory of the firm. This provides a new perspective on how information impacts firm expansion and boundary. Information helps a firm become more certain on how to direct the firm. Uncertainty is the opposite; it causes confusion and problems for the firm. This thesis discusses two ways a firm can develop certainty. The first is through experience and learning. These may require time and effort. The second is through expansion. Expansion increases resources and capacity for the firm to deal with uncertainty. Certainty is manifest as operational intelligence and stability. Operational intelligence is based largely on how the firm operates and stability focuses on the current position of the firm. These two elements of certainty determine the firm boundary.
Type Text
Publisher University of Utah
Subject Asymmetric; Expansion; Firm Boundary; Information; Transaction Cost; Uncertainty
Dissertation Name Master of Science
Language eng
Rights Management ©Andrew Gail Anderson
Format application/pdf
Format Medium application/pdf
Format Extent 26,917 bytes
Identifier etd3/id/4055
ARK ark:/87278/s6574mdt
Setname ir_etd
ID 197605
Reference URL https://collections.lib.utah.edu/ark:/87278/s6574mdt
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