Transaction Cost Economics and Beyond

Informationen zum Autor Michael Dietrich lectures in economics and business policy at Sheffield University Management School. He has published papers and articles in areas such as the organisation of the firm and corporate restructuring in Europe. He is joint editor (with Ash Amin) of Towards a new Europe? Klappentext 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. Zusammenfassung 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. Inhaltsverzeichnis Chapter 1 Introduction; Part 1 Beyond Transaction Costs; Chapter 2 The Transaction Cost Paradigm; Chapter 3 A General Framework; Part 2 Beyond Transaction Costs; Chapter 4 The Development of the Firm; Chapter 5 Related Integration and The Firm; Chapter 6 Unrelated Integration and The Firm; Chapter 7 Quasi-Integration and The Firm; Part 3 A New Economics of the Firm; Chapter 8 The Firm and Economic Theory; Chapter 9 The firm as a system; Chapter 10 Economic Policy and The Firm; Chapter 11 Conclusions;

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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.

Résumé
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.

Contenu

Chapter 1 Introduction; Part 1 Beyond Transaction Costs; Chapter 2 The Transaction Cost Paradigm; Chapter 3 A General Framework; Part 2 Beyond Transaction Costs; Chapter 4 The Development of the Firm; Chapter 5 Related Integration and The Firm; Chapter 6 Unrelated Integration and The Firm; Chapter 7 Quasi-Integration and The Firm; Part 3 A New Economics of the Firm; Chapter 8 The Firm and Economic Theory; Chapter 9 The firm as a system; Chapter 10 Economic Policy and The Firm; Chapter 11 Conclusions;