{"product_id":"market-microstructure-cambridge-university-press-9780521659789-intermediaries-and-the-theory-of-the-firm-daniel-f-spulber","title":"Market Microstructure","description":"\u003cp\u003eDiscover the intricacies of market dynamics with \u003cstrong\u003eMarket Microstructure\u003c\/strong\u003e by \u003cstrong\u003eDaniel F. Spulber\u003c\/strong\u003e, published by \u003cstrong\u003eCambridge University Press\u003c\/strong\u003e in 1999. This comprehensive 408-page volume delves into two pivotal questions: 'Why do firms exist?' and 'How do markets work?' Professor Spulber expertly presents a theory of the firm through various models of intermediation, offering readers a unique perspective on economic structures.\u003c\/p\u003e \u003cp\u003eThe book contrasts the intermediation framework with traditional analyses, including neoclassical theories, industrial organization, transaction cost economics, and the principal-agent model. Ideal for students and professionals in business and economics, \u003cstrong\u003eMarket Microstructure\u003c\/strong\u003e is an essential resource for anyone seeking to understand the fundamental principles of market behavior and firm dynamics. Enhance your knowledge and explore the depth of economic theory with this insightful work.\u003c\/p\u003e","brand":"Daniel F. Spulber","offers":[{"title":"Default Title","offer_id":52236114886998,"sku":"9780521659789","price":50.92,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0886\/3206\/6390\/files\/9780521659789.jpg?v=1767756619","url":"https:\/\/www.bookshop.lt\/products\/market-microstructure-cambridge-university-press-9780521659789-intermediaries-and-the-theory-of-the-firm-daniel-f-spulber","provider":"Bookshop","version":"1.0","type":"link"}