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Cover of Market Microstructure

Market Microstructure

Intermediaries and the Theory of the Firm

by Daniel F. Spulber

Cambridge University Press

₹5,344

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From the publisher

This book presents a theory of the firm based on its economic role as an intermediary between customers and suppliers. Professor Spulber demonstrates how the intermediation theory of the firm explains firm formation by showing how they arise in a market equilibrium. In addition, the theory helps explain how markets work by showing how firms select market-clearing prices.

Description supplied by the publisher.

Book details

ISBN-13
9780521659789
ISBN-10
0521659787
Author
Daniel F. Spulber
Condition
New
See all