Contract, Governance And Transaction Cost Economics Williamson Oliver Eaton Univ Of California Berkeley Usa
This book brings together a collection of seven papers on Transaction Cost Economics by Nobel Laureate Professor Oliver E Williamson. The applications of Transaction Cost Economics are extensive,…
Specifikacia Contract, Governance And Transaction Cost Economics Williamson Oliver Eaton Univ Of California Berkeley Usa
This book brings together a collection of seven papers on Transaction Cost Economics by Nobel Laureate Professor Oliver E Williamson. The applications of Transaction Cost Economics are extensive, ranging from the field of industrial organization and applied fields of economics such as labor, public finance, comparative economic systems and economic development, to the business fields of strategy, organizational behavior, marketing, finance, operations management, and accounting. In short, as Williamson states, 'any problem that originates as or can be reformulated as a contracting problem can be examined to advantage in transaction cost economizing terms.'What is referred to as New Institutional Economics is developed in the West in two mainly complementary ways: Property Rights Theory, and Transaction Cost Economics. Of the two, Property Rights Theory developed more rapidly.