Firms: What is WITH you?

October 15, 2014 — June 16, 2020

mechanism design

Why do firms exist, not just single agents? Why do they exhibit a Zipf(ish) distribution? Why isn’t there (yet) a single monopoly owning the entire economy? Why are they structured like they are? How is that, anyway?

I cannot help but feel that Keith Devlin’s History of double entry book keeping pertains in some way.

1 References

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