Transaction Cost Economics and Beyond: Toward a New Economics of the FirmRoutledge, 2008. jan. 28. - 232 oldal In recent years transaction cost economics have come to dominate the discussion of the nature and organization of firms. In Transaction Costs Economics and Beyond Michael Dietrich offers a critical exploration of transaction costs. He argues that whilst they have much to offer, they are still an inadequate basis for a general theory of the firm. Drawing on theories of organizational behaviour as well as economics, he concludes by offering a theory of the firm that allows for both hierarchical and creative decision making. |
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. oldal
... comparative static methodology, transaction cost economics is least effective in explaining the dynamic aspects of firms' behaviour. However, rather than rejecting the whole approach on these grounds, Michael Dietrich looks at ways in ...
... comparative static methodology, transaction cost economics is least effective in explaining the dynamic aspects of firms' behaviour. However, rather than rejecting the whole approach on these grounds, Michael Dietrich looks at ways in ...
. oldal
... comparative static methodology, and it relies on a universal efficiency reasoning. These factors are, of course, self-reinforcing. So, for example, an attempt to introduce power, rather than just efficiency, considerations into the ...
... comparative static methodology, and it relies on a universal efficiency reasoning. These factors are, of course, self-reinforcing. So, for example, an attempt to introduce power, rather than just efficiency, considerations into the ...
. oldal
... comparative advantage. This advantage is based on the approach providing a necessary analysis of economic institutions, and specifically the firm, which is lacking in orthodox black-box analysis. Furthermore, the transaction cost ...
... comparative advantage. This advantage is based on the approach providing a necessary analysis of economic institutions, and specifically the firm, which is lacking in orthodox black-box analysis. Furthermore, the transaction cost ...
. oldal
... comparative advantage. But having isolated the difference between a transaction cost framework and other economic perspectives on the firm we should be clear that there are essential similarities between the approaches. Williamson (1985 ...
... comparative advantage. But having isolated the difference between a transaction cost framework and other economic perspectives on the firm we should be clear that there are essential similarities between the approaches. Williamson (1985 ...
. oldal
... comparative static and incapable, by itself, of explaining the dynamics of institutional change. A conclusion which is another aspect of the earlier mentioned methodological similarity between transaction cost reasoning and neo ...
... comparative static and incapable, by itself, of explaining the dynamics of institutional change. A conclusion which is another aspect of the earlier mentioned methodological similarity between transaction cost reasoning and neo ...
Tartalomjegyzék
BEYOND TRANSACTION COSTS | |
A NEW ECONOMICS OF THE FIRM | |
NOTES | |
BIBLIOGRAPHY | |
AUTHOR INDEX | |
SUBJECT INDEX | |
Más kiadások - Összes megtekintése
Transaction Cost Economics and Beyond: Towards a New Economics of the Firm Michael Dietrich Korlátozott előnézet - 1994 |
Transaction Cost Economics and Beyond: Towards a New Economics of the Firm Michael Dietrich Korlátozott előnézet - 1994 |
Transaction Cost Economics and Beyond: Toward a New Economics of the Firm Michael Dietrich Korlátozott előnézet - 2008 |
Gyakori szavak és kifejezések
activity addition advantage alternative analysis appear approach argued argument asset assume assumption become behaviour benefits bounded rationality central Chapter characteristics claim clear companies comparative competitive complexity conclusion consistent contracting decision defined depends detail discussed dominant dynamic earlier effects efficiency evident examined example exist explanation exploit extent facilitate factors Figure Finally firm follows forms framework function given governance structure greater Hence implies important increase individual industrial inputs institutional integration internal intra-firm introduced involved issues knowledge latter logic long-run managerial monopoly nature necessary objectives opportunism organisational particular perspective position possible potential presented principles problems processes production profit profit maximisation quasi-integration reasoning recognise relationships relevant requires resource allocation response result sector separate shift short skills specificity static strategic suggested technological theory tion transaction cost economics understanding unit vertical Williamson