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Orientation: Why Firms Exist

Welcome and Learning Objectives

The Question Under the Question

Team Production and the Metering Problem

The Constructs, Precisely

The Authority Denial

Worked Example: Better.com, Reasoned Through

Drift Alert: The Two Misreadings

Expert Depth: The Coase–Williamson Axis

Practice: Script the Turns

Model Turns

Go Further

Quiz

Completion

Confidence Check

Welcome to "Facilitating the Better. com Debrief on Alchian and Demsetz," a specialized course designed for educators, corporate trainers, and business leaders who want to master the art of teaching the economic theory of the firm.

Welcome to "Facilitating the Better.com Debrief on Alchian and Demsetz," a specialized course designed for educators, corporate trainers, and business leaders who want to master the art of teaching the economic theory of the firm. Alchian and Demsetz's groundbreaking work on team production, the metering problem, and the denial of authority provides a profound lens through which to view modern corporate dynamics. This course takes these dense economic constructs and applies them directly to the highly publicized Better.com case study, giving you a practical, worked example to anchor your discussions.

Throughout this course, you will learn how to effectively guide your audience through complex economic theories, ensuring they grasp "the question under the question"—why firms exist in the first place. We will dive deep into the nuances of team production, explore the Coase-Williamson axis for expert depth, and tackle common pitfalls with our "Drift Alert" on the two major misreadings of the text. Finally, you will get hands-on practice scripting the pivotal turns of your debrief, equipping you with model responses to facilitate a seamless, engaging, and intellectually rigorous session. Whether you are leading a university seminar or an executive workshop, this course will elevate your facilitation skills and deepen your participants' understanding of organizational economics.

Facilitating the Better.com Debrief on Alchian and Demsetz (B)

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            <p>The fundamental question of why firms exist requires rigorous pedagogical unpacking, particularly when bridging classical economic theories with contemporary corporate crises. This module deconstructs the Better.com case through the foundational theoretical lens of Armen Alchian and Harold Demsetz. By examining the intricacies of team production and the inherent metering problem, instructors can guide students past superficial analyses of corporate governance and into the structural economic realities that necessitate the firm. The objective is to move beyond mere narrative, isolating the precise mechanisms of monitoring, residual claimancy, and the economic rationale underlying organizational boundaries.</p>

<p>To facilitate a high-impact case debrief, this curriculum systematically breaks down the required pedagogical turns and theoretical constructs. It begins by dissecting Alchian and Demsetz's controversial "authority denial," contrasting it with the Coase-Williamson axis to provide expert depth and establish clear theoretical boundary conditions. Instructors will examine a worked example of the Better.com scenario reasoned through these exact frameworks, alongside critical drift alerts designed to preempt and correct the two most common student misreadings. Finally, the material transitions into applied practice, offering model scripts to help educators navigate complex classroom dynamics and ensure the doctoral strategy canon is accurately mapped onto the case facts.</p>
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