Transaction Cost Economics & CL

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Transaction Cost Economics & CL image
ISBN-10:

0415071550

ISBN-13:

9780415071550

Edition: 1
Released: Mar 10, 1994
Publisher: Routledge
Format: Hardcover, 226 pages
Related ISBN: 9780415071567

Description:

In recent years transaction costs economics have come to dominate the discussion of the nature and organization of firms. In Transaction Costs Economics and Beyond Michael Driscoll 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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