科斯怎样提出问题?(2) Of course, this fact has not been ignored by economists Marshal: organization as a fourth factor of proauction Clark: coordinating function to the entrepreneur e Knight: managers who co-ordinate Robertson islands in ocean like butter in buttermilk e But in view of the fact that it is usually argued that co-ordination will be done by the price mechanism, why is such organization necessary 2003/5/18 第10讲公司理论 62003/5/18 第10讲公司理论 6 科斯怎样提出问题？（2） Of course, this fact has not been ignored by economists. ⚫ Marshall: organization as a fourth factor of production; ⚫ Clark: coordinating function to the entrepreneur; ⚫ Knight: managers who co-ordinate ⚫ Robertson: islands in ocean like butter in buttermilk. But in view of the fact that it is usually argued that co-ordination will be done by the price mechanism,why is such organization necessary?