NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

A Theory of Firm Scope

Oliver Hart, Bengt Holmstrom

NBER Working Paper No. 14613
Issued in December 2008

---- Acknowledgements -----

This is an extensively revised version of two earlier papers that circulated as “A Theory of Firm Scope” and “Vision and Firm Scope.” Some of the material presented here formed part of the first author’s Munich Lectures (University of Munich, November 2001), Arrow Lectures (Stanford University, May 2002), Karl Borch Lecture (Bergen, May 2003), and Mattioli Lectures (Milan, November 2003). We are especially grateful to Andrei Shleifer for insightful comments. We would also like to thank Philippe Aghion, George Baker, Lucian Bebchuk, Pablo Casas-Arce, Mathias Dewatripont, Robert Gibbons, Louis Kaplow, Meg Meyer, David Scharfstein, Chris Snyder, Jeremy Stein, Lars Stole, Eric van den Steen, and seminar audiences at CESifo, University of Munich, Harvard University, London School of Economics, George Washington University, Stanford University, the Summer 2002 Economic Theory Workshop at Gerzensee, Switzerland, and the University of Zurich for helpful discussions. Research support from the National Science Foundation is gratefully acknowledged. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

return to bibliography page

 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us