A Study on the Question of the Nature and Scale of the Firm Again
Cheng Chengping & Wu Xinmu
The paper thinks Coase' s veiwpoint is right which the allocation resource with management coordinating manner is the mature of the firm. But, Coase' s viewpoint isn' t right fully which the scale of the firm is the function of the cost of the firm' s organization and the cost of the market' s exchange. The correct viewpoint is that the scale of the firm is decided by the cost of the firm' s organization addiug low incentive cost and the cost of the market' s exchange. The question is first grade which the manner of allocation resource is the firm othe market, and efficiency question which the firm alloates the resource is second grade.
【CateGory Index】： F270