Williamson's Back Door: Transaction Costs and the Efficient Firm (1) (Oliver Williamson) (Essay)
History of Economics Review 2004, Summer, 40
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Abstract: Oliver Williamson has made an acknowledged contribution to the theory of the firm by incorporating Coase's idea of transaction costs in his analysis. However, by identifying market efficiency with the minimisation of transaction costs, Williamson has linked rhetorically two concepts which are not by necessity connected. **********
GENRE
Zaken en persoonlijke financiën
UITGEGEVEN
2004
22 juni
TAAL
EN
Engels
LENGTE
21
Pagina's
UITGEVER
History of Economic Thought Society of Australia
GROOTTE
276,5
kB
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