Transaction Cost Economics and Beyond : Toward a New Economics of the Firm
Book Details
Format
Hardback or Cased Book
ISBN-10
0415071550
ISBN-13
9780415071550
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Mar 10th, 1994
Print length
226 Pages
Weight
386 grams
Product Classification:
Economics of industrial organisation
Ksh 30,600.00
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Dietrich offers a critical exploration of transaction costs, arguing that while they have much to offer, they are still an inadequate basis for a general theory of the firm.
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.
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