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, 2016
As outsourcing continues to grow, supplier management becomes critical to the success of manufacturing firms. Transaction cost economics (TCE) suggests that firms should choose supplier governance mechanisms to ensure fulfillment of contractual ...
J. Wacker, Chen-Lung Yang, C. Sheu
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As outsourcing continues to grow, supplier management becomes critical to the success of manufacturing firms. Transaction cost economics (TCE) suggests that firms should choose supplier governance mechanisms to ensure fulfillment of contractual ...
J. Wacker, Chen-Lung Yang, C. Sheu
semanticscholar +1 more source
The Quarterly Journal of Economics, 1968
Introduction, 33. — The definition and measurement of transaction cost on the New York stock exchange, 35. — The determination of the ask-bid spread, 40. — The determination of the transaction rate, 45. — Statistical results, 46. — Summary and comments, 50. — Appendix I, 52. — Appendix II, 53.
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Introduction, 33. — The definition and measurement of transaction cost on the New York stock exchange, 35. — The determination of the ask-bid spread, 40. — The determination of the transaction rate, 45. — Statistical results, 46. — Summary and comments, 50. — Appendix I, 52. — Appendix II, 53.
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2019
Transaction costs on the housing market are, arguably, inevitable. They are also diverse. While fees and taxes are easily identified and observed, transaction costs can arise from the functioning of the market and its regulatory framework. For instance, there are costs related to obtaining information.
Peter Palm, Ola Jingryd, Lana Kordić
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Transaction costs on the housing market are, arguably, inevitable. They are also diverse. While fees and taxes are easily identified and observed, transaction costs can arise from the functioning of the market and its regulatory framework. For instance, there are costs related to obtaining information.
Peter Palm, Ola Jingryd, Lana Kordić
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Bad for Practice: A Critique of the Transaction Cost Theory
, 1996Transaction cost economics (TCE), and more specifically the version of TCE that has been developed by Oliver Williamson (1975, 1985, 1993b), has become an increasingly important anchor for the analysis of a wide range of strategic and organizational ...
S. Ghoshal, Peter Moran
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Transaction costs and iceberg costs
Applied Economics Letters, 2010Iceberg costs are modelled as a transaction cost function, which increases exponentially in an action chosen by each player. The model estimates how much the players' joint ex post shares shrink in terms of their transaction constants and production.
Galina Schwartz, Kjell Hausken
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Using transaction cost economics to explain open innovation in start-ups
, 2016Purpose The basic concept of transaction cost theory is that firms like to conduct transactions in a channel with lower transaction costs.
Ching-Tang Hsieh+2 more
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Opportunism-Focused Transaction Cost Analysis of Public-Private Partnerships
, 2015While the higher efficiency due to better pooling of resources is greatly emphasized in public–private partnerships (PPPs), the embedded transaction inefficiencies are often understated or even ignored. Through the lens of transaction cost economics (TCE)
S. Ho, R. Levitt, C. Tsui, Yaowen Hsu
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Paying Transaction Costs [PDF]
This paper tries to understand the adoption of different organisational forms by trade intermediaries. It does that by exploring their options in a coherent economic framework emphasizing the importance of paying transaction costs. It is based both on my knowledge of 18th century French traders and some insights from more contemporaneous situations. In
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American Journal of Agricultural Economics, 1999
Three very different views of the role of transaction costs in computable general equilibrium (CGE) models are presented in these papers. Transaction costs distinguish urban from rural, town from surrounding villages, and even the household from the surrounding world.' In the world of CGE modelers, the costs of trading goods from one domain to another ...
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Three very different views of the role of transaction costs in computable general equilibrium (CGE) models are presented in these papers. Transaction costs distinguish urban from rural, town from surrounding villages, and even the household from the surrounding world.' In the world of CGE modelers, the costs of trading goods from one domain to another ...
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, 2014
We augment transaction cost economics with a cognitive perspective to expand the conceptualization of uncertainty, an important but underexplored concept, to include interpretive uncertainty, which arises from conflicting cognitive frames.
L. Weber, Kyle J. Mayer
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We augment transaction cost economics with a cognitive perspective to expand the conceptualization of uncertainty, an important but underexplored concept, to include interpretive uncertainty, which arises from conflicting cognitive frames.
L. Weber, Kyle J. Mayer
semanticscholar +1 more source