Transaction Cost Economics and Beyond
Download or Read eBook Transaction Cost Economics and Beyond PDF written by Michael Dietrich and published by Routledge. This book was released on 2008-01-28 with total page 201 pages. Available in PDF, EPUB and Kindle.
Author | : Michael Dietrich |
Publisher | : Routledge |
Total Pages | : 201 |
Release | : 2008-01-28 |
ISBN-10 | : 9781134909827 |
ISBN-13 | : 1134909829 |
Rating | : 4/5 (27 Downloads) |
Book Synopsis Transaction Cost Economics and Beyond by : Michael Dietrich
Book excerpt: 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.