This highly original book challenges the orthodox economic theory of the firm as a mysterious "black box" whose internal design is unknown and irrelevant and which operates solely to maximize shareholder profit. Instead, the author proposes a new "cooperative game theory," in which the firm is a coalition of shareholders and employees, with its market behavior and internal distribution the result of a cooperative game (bargaining). Aoki tests his model against existing industrial structures, including the Anglo-American unionized firm, the German/Swedish co-determination firm, and the American non-union or Japanese firm.
- ISBN10 0198772688
- ISBN13 9780198772682
- Publish Date February 1987 (first published 13 December 1984)
- Publish Status Out of Print
- Out of Print 12 February 1998
- Publish Country GB
- Imprint Oxford University Press
- Edition New edition
- Format Paperback
- Pages 230
- Language English