This research empirically examines supply chain structure, price competition, and supply chain performance using data obtained from the GSA’s Federal Supply Service. The preliminary results show positive relationships between supply chain performance and implementation of electronic commerce initiatives to support both transaction and distribution channels. The potential contributions of the re...

Empirical research on strategic alliances has been limited because previous studies examined alliance outcomes, and the factors associated with them, from a single partner in a manufacturing alliance. Furthermore, many of these studies have been done from a transaction cost perspective and researchers have inferred opportunistic behavior, rather than directly measuring it and observing its actu...

a r t i c l e i n f o This study proposes a framework to understand the impacts of both value-related and transaction cost-related factors on repurchase intention from online shoppers' perspective. In particular, this study defines the construct of cost as a three-component conceptualization (i.e., information searching cost, moral hazard cost, and specific asset investment). Based upon empiric...

This paper examines how World Wide Web (WWW) usage for procurement purposes affects corporate buyers’ search costs and buying organizations’ coordination costs and how it ultimately affects the efficient boundaries of buying organizations. The analysis is based on a model that integrates Transaction Costs Economics (TCE) (Williamson 1975, 1985) and forces of electronic interconnections (Malone ...

Ex-post opportunistic behavior, commonly present in bilateral trade relationships, is a key element of the transaction cost economics. Investment in outside options is a prime example of such opportunism and often leads to inefficiency, for example by exerting effort to search for alternative business partners even if it does not add trade value. We experimentally investigate a bilateral trade ...

The agricultural reform in Hungary broke the previously vertically integrated agri-food system in different lines. The structures in agriculture, food industry and food retailing have fundamentally changed. These changes have also influenced the vertical governance structures in agri-food sector. The aim of this paper is to investigate the choice of farmers among various supply channels in Hung...

Building on transaction cost economics, this work describes the four different forms of communities and introduces transaction benefits as a means of explaining their existence. A research project to investigate governance, leadership, and management in two of the four forms of communities, adaptive and inventive, is described. It is argued that these digital communities are a way of engaging g...