Complementarities and systems : understanding japanese economic organization

The performance of the Japanese economy in the last forty five years, during which it has gone from post war destitution and near collapse to one of the richest and most productive in the world is unmatched in human history. The purposes of this essay are to interpret both the characteristic features of Japanese economic organization in terms of the concept of complementarity, and some recent developments in Japanese economy, and to speculate on its future.

[1]  Paul Milgrom,et al.  Economics, organization and management / Paul Milgrom, John Roberts , 1992 .

[2]  P. Sheard.  Interlocking Shareholdings and Corporate Governance , 1994 .

[3]  C. Shapiro,et al.  Technology Adoption in the Presence of Network Externalities , 1986, Journal of Political Economy.

[4]  M. Aoki.  Information, Incentives and Bargaining in the Japanese Economy: A Microtheory of the Japanese Economy , 1988 .

[5]  J. Ries,et al.  The Japanese Economy. , 1993 .

[6]  Joseph Farrell,et al.  Installed base and compatibility : innovation, product preannouncements and predation , 1986 .

[7]  Paul Milgrom,et al.  Bargaining and Influence Costs and the Organization of Economic Activity , 1987 .

[8]  Paul R. Milgrom,et al.  Communication and Inventory as Substitutes in Organizing Production , 1988 .

[9]  Paul R. Milgrom,et al.  Monotone Comparative Statics , 1994 .

[10]  Dilip Mookherjee,et al.  Incentives, Compensation, and Social Welfare , 1987 .

[11]  Donald M. Topkis,et al.  Minimizing a Submodular Function on a Lattice , 1978, Oper. Res..

[12]  D. M. Topkis.  Equilibrium Points in Nonzero-Sum n-Person Submodular Games , 1979 .

[13]  Paul R. Milgrom,et al.  The Economics of Modern Manufacturing: Technology, Strategy, and Organization , 1990 .

[14]  Banri Asanuma,et al.  Japanese manufacturer-supplier relationships in international perspective : the automobile case , 1988 .

[15]  Takatoshi Ito,et al.  The Japanese Economy , 1991 .

[16]  E. Lazear.  Why Is There Mandatory Retirement? , 1979, Journal of Political Economy.

[17]  Masahiko Aoki,et al.  The Japanese Firm as a System of Attributes: A Survey and Research Agenda , 1994 .

[18]  Paul R. Milgrom,et al.  Organizational Prospects, Influence Costs, and Ownership Changes , 1992 .

[19]  Paul R. Milgrom,et al.  Economics, Organization and Management , 1992 .

[20]  Paul R. Milgrom,et al.  Complementarities, Momentum, and the Evolution of Modern Manufacturing , 1991 .

[21]  Donald M. Topkis,et al.  Activity optimization games with complementarity , 1987 .

[22]  Peter A. Diamond,et al.  Aggregate Demand Management in Search Equilibrium , 1982, Journal of Political Economy.

[23]  O. Williamson,et al.  Markets and Hierarchies: Analysis and Antitrust Implications. , 1977 .

[24]  Banri Asanuma.  Manufacturer-supplier relationships in Japan and the concept of relation-specific skill , 1989 .

[25]  J. Geanakoplos,et al.  Multimarket Oligopoly: Strategic Substitutes and Complements , 1985, Journal of Political Economy.

[26]  Paul Milgrom,et al.  Comparing Optima: Do Simplifying Assumptions Affect Conclusions? , 1994, Journal of Political Economy.

[27]  Kyle Bagwell,et al.  Coordination Economies, Advertising, and Search Behavior in Retail Markets , 1994 .

[28]  Paul Milgrom,et al.  The Firm as an Incentive System , 1994 .

[29]  Paul R. Milgrom,et al.  Rationalizability, Learning, and Equilibrium in Games with Strategic Complementarities , 1990 .

[30]  X. Vives.  Nash equilibrium with strategic complementarities , 1990 .