The dispositive factor in a system of inventory-controlled production

Research output: Contributions to collected editions/worksArticle in conference proceedingsResearch

Authors

The subject of research in this paper is to analyze how the role of the “dispositive factor” in Erich Gutenberg’s theory of the firm should be interpreted in inventory-controlled production systems.

The new institutional economics approach is applied to reveal interrelations and differences regarding the “dispositive” tasks in the neoclassical and in the modern production system design.

The results show that Gutenberg’s theory is still valid to some extent but that there is also need for some extensions following fundamental economic developments.
Original languageEnglish
Title of host publicationTheory of the firm : Erich Gutenberg’s Foundations and Further Developments
EditorsHorst Albach, Klaus K. L. Brockhoff, Egbert Eymann, Peter Jungen, Marion Steven, Alfred Luhmer
Number of pages20
Place of PublicationBerlin
PublisherSpringer Verlag
Publication date2000
Pages210-229
ISBN (print)978-3-642-64074-2, 3-540-66318-5
ISBN (electronic)978-3-642-59661-2
DOIs
Publication statusPublished - 2000

    Research areas

  • Management studies - Production System, Dispositive Factor, Organization, New Institutional Economics

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