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1、TheNatureoftheFirmR.H.CoaseEconomica,NewSeries,Vol.4,No.16.(Nov.,1937),pp.386-405.StableURL:http://links.jstor.org/sici?sici=0013-0427%28193711%292%3A4%3A16%3C386%3ATNOTF%3E2.0.CO%3B2-BEconomicaiscurrentlypublishedbyTheLondonSchoolofEconomicsandPoliticalScience.YouruseoftheJSTORar
2、chiveindicatesyouracceptanceofJSTOR'sTermsandConditionsofUse,availableathttp://www.jstor.org/about/terms.html.JSTOR'sTermsandConditionsofUseprovides,inpart,thatunlessyouhaveobtainedpriorpermission,youmaynotdownloadanentireissueofajournalormultiplecopiesofarticles,andyoumayuseconte
3、ntintheJSTORarchiveonlyforyourpersonal,non-commercialuse.Pleasecontactthepublisherregardinganyfurtheruseofthiswork.Publishercontactinformationmaybeobtainedathttp://www.jstor.org/journals/lonschool.html.EachcopyofanypartofaJSTORtransmissionmustcontainthesamecopyrightnoticethatappea
4、rsonthescreenorprintedpageofsuchtransmission.JSTORisanindependentnot-for-profitorganizationdedicatedtoandpreservingadigitalarchiveofscholarlyjournals.FormoreinformationregardingJSTOR,pleasecontactsupport@jstor.org.http://www.jstor.orgMonApr218:28:012007TheNatureoftheFirmECONOMICth
5、eoryhassufferedinthepastfromafailuretostateclearlyitsassumptions.Economistsinbuildingupatheoryhaveoftenomittedtoexaminethefoundationsonwhichitwaserected.Thisexaminationis,however,essentialnotonlytopreventthemisunderstandingandneedlesscontroversywhicharisefromalackofknowledgeofthea
6、ssumptionsonwhichatheoryisbased,butalsobecauseoftheextremeimportanceforeconomicsofgoodjudgmentinchoosingbetweenrivalsetsofassumptions.Forinstance,itissuggestedthattheuseoftheword"firm"ineconomicsmaybedifferentfromtheuseofthetermbythe"plainman."lSincethereisapparently.atrendinecono
7、mictheorytowardsstartinganalysiswiththeindividualfirmandnotwiththeindu~try,~itisallthemorenecessarynotonlythatacleardefinitionoftheword"firm"shouldbegivenbutthatitsdifferencefromafirminthe"realworld,"ifitexists,shouldbemadeclear.Mrs.Robinsonhassaidthat"thetwoquestionstobeaskedofas
8、etofassumptionsineconomicsare:Are
