Complex computer games, especially massively multiplayer online games, contain narrative and mechanisms that mimic real economic activities, such as production, trade, and consumption. This has prompted some scholars to apply concepts and techniques from economics to study the complicated interactions inside games worlds. In this paper I review their work, attempt to argue why the approach has ...

The objective of this study is to investigate the implications for organisational performance of the interplay between ownership and management control system design in professional service organisations. Based on transaction cost economic (TCE) theory, we expect that low ownership by professionals working in a professional services organisation will be more efficiently managed with a boundary ...

abstract a quantitative framework of combination of liner programming and cooperative game theory was used in this study to analyze and model cooperative contracts in production based on rural households' resources cooperation in firoozabad plain. revenues and costs in cooperation game theory have important rule to get agreement. transaction cost function was used in cooperative costs accountin...

A two-stage methanotrophic bioreactor system was developed for remediation of water contaminated with TCE and other chlorinated, volatile, aliphatic hydrocarbons. The first stage of the reactor was a suspended-growth culture vessel using a bubbleless methane-transfer device. The second stage was a plug-flow bioreactor supplied with contaminated groundwater and cell suspension from the culture v...

Transaction costs” are commonly referred to in the recent literature on aid effectiveness. The shift to a new partnership aid paradigm (cf. the Paris Agenda) is grounded on the desire to render aid more effective, notably through reducing the high transaction costs generated by the project approach. Aid transaction costs, however, have neither been consistently defined nor measured. In this pap...

Following to the publication in 1937 of the famous paper by Ronald Coase, who in 1991 won the Nobel Prize in Economics for the introduction of transaction costs, numerous contributions appeared in the related literature. Nowadays transaction costs are universally accepted, but researchers in the field agree on the difficulty in measuring and quantifying them. Motivated by such a research gap, t...