Includes Short Answers to Exercises

Part I: Positioning
Chapter 1: Introduction
Chapter 2: Primer:Economic Concepts for Organization

Part II: Two Benchmarks
Chapter 3: Welfare Theorem
Chapter 4: Coase Theorem

Part III: Complete Contracts
Chapter 5: Principal-agent Models
Chapter 6: Hidden Action Problem
Chapter 7: Hidden Characteristics Problem

Part IV: Incomplete Contracts
Chapter 8: Transaction and Influence Costs
Chapter 9: Ownership Rights
Chapter 10: Self-Enforcing Contracts

Part V: Business Strategy
Chapter 11: Strategy Typology

Part VI: Limited Cognition
Chapter 12: Limited Cognition and Organization
Chapter 13: Biases in Decision Making

Part VII: Coordination
Chapter 14: Co-ordination
Chapter 15: Complementarity