منابع مشابه
Producer cooperatives: a Transaction Cost Economic Approach
This paper aims at positioning producer cooperatives within the Transaction Cost Economics theory, one of the most cited and prolific theories on management studies. To accomplish this goal, I will answer the questions what is a cooperative, which transactions producer cooperatives regulate, under which market conditions they operate, and where are the boundaries for such organizations. This pa...
متن کاملtransaction cost and Time inconsistency in consumption- Savings behavior(experimental approach)
Empirical and experimental studies demonstrate that the rates of time preferences are smaller in long run in comparison with that of short run. In other word individuals are present bias; and it is one of the reasons that the saving is less than its optimal level. The aim of this study is to examine if the dearth of sufficient information results in time inconsistency in individual decisions fo...
متن کاملshortcomings of transaction cost economics
i am going to assess shortcomings of transaction cost economics (tce) of oliver williamson. my argument is that this analysis suffers from misidentification of the relevant problem of the theory, analytical incoherence, inconsistent empirical support and methodological defects. in formulating coase's fundamental idea, williamson accepts an efficient equilibrium which occurs once forever, t...
متن کاملExplicating Political Hazards and Safeguards: A Transaction Cost Politics Approach
We apply the logical of comparative institutional analysis to the question of the governance of the relationship between private investors and the government. We consider two strategies that investors may follow: lobbying for the creation of a specialized political governance structure or the reliance on more general political mechanisms to influence policy in that sector on an ongoing basis. W...
متن کاملA Transaction Cost Approach to Make-or-Buy Decisions
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2006
ISSN: 1556-5068
DOI: 10.2139/ssrn.917079