The Mechanisms of Governance
Download or Read eBook The Mechanisms of Governance PDF written by Oliver E. Williamson and published by Oxford University Press, USA. This book was released on 1996 with total page 442 pages. Available in PDF, EPUB and Kindle.
Author | : Oliver E. Williamson |
Publisher | : Oxford University Press, USA |
Total Pages | : 442 |
Release | : 1996 |
ISBN-10 | : 9780195132601 |
ISBN-13 | : 0195132602 |
Rating | : 4/5 (01 Downloads) |
Book Synopsis The Mechanisms of Governance by : Oliver E. Williamson
Book excerpt: This text studies transaction cost economics, influential in economic thought on how institutions work. Whereas orthodox economics describes the firm in technological terms, as a production function, transaction cost economics describes it in organizational terms, as a governance structure.