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Transaction Cost Economics: An Introduction

open access: yesEconomics: Journal Articles, 2007
Oliver E. Williamson
doaj  

Patterns of Cost Allocation Strategies: A Look at Cooperative Fire Departments in the State of Michigan [PDF]

open access: yes
Intergovernmental cooperation is an important topic in Michigan's current economic climate and has received a lot of treatment by researchers. However, very few studies have been conducted regarding cost sharing agreements made by cooperating groups ...
Bradshaw, Nicole
core  

Transaction Cost and the Small Stock Puzzle: The Impact of Outliers in the NYSE, 1970-2000 [PDF]

open access: yes
In this article we study the effect of transaction costs on asset prices. We examine the characteristics of the actual extreme performers (Outliers), their stock prices, and transactions cost and link them to firm size. The analyses is based on data from
Al-Rjoub, S., Hassan, M.K.
core  

Endogenous Transaction Costs [PDF]

open access: yes
The paper proposes an alternative general equilibrium formulation of financial asset economies with transactions costs. Transaction costs emerge endogenously at equilibrium and reflect agents decisions of intermediating financial activities at the ...
YIANNIS VAILAKIS   +1 more
core  

ESTIMATING TRANSACTION COSTS OF ALTERNATIVE POLICIES TO REDUCE PHOSPHOROUS POLLUTION IN THE MINNESOTA RIVER [PDF]

open access: yes
As point sources of pollution reduce their emissions due to water quality control efforts, nonpoint sources have become relatively more important. In the case of agricultural nonpoint source pollution, the policy instruments recommended by economists are
Easter, K. William, McCann, Laura M.J.
core  

Transaction cost economics in Scandinavian business administration

open access: yes
This Introduction briefly surveys transaction cost economics and explains its general relevance for business administration. A discussion of the impact of transaction cost economics on Scandinavian work in business administration is offered, after which ...
Foss, Nicolai J.
core  

Transaction cost economics and business administration

open access: yes
This paper traces the origins of transaction cost economics to three seminal people who had an intense interest in business: Ronald Coase, Chester Barnard, and Herbert Simon.
Williamson, Oliver E.
core  

Transaction Cost Economics: The Natural Progression

Journal of Retailing, 2010
Abstract This manuscript provides the Nobel laureate's reflections on transaction cost economics. The overview section frames governance as the overarching concept and transaction cost economics as the means by which to breathe operational content into governance and organization.
Oliver E. Williamson
exaly   +3 more sources

What makes outsourcing effective? A transaction-cost economics analysis [PDF]

open access: yesInternational Journal of Production Research, 2012
This study extends the discussion of Transaction Cost Economics (TCE) and outsourcing to the selection of governance mechanisms for an effective outsourcing transaction.
Chwen Sheu
exaly   +2 more sources

economic organization and transaction costs

1987
One important extension of the Coase Theorem states that, if all costs of transactions are zero, the use of resources will be similar, no matter how production and exchange activities are arranged. This implies that in the absence of transaction costs, alternative institutional or organizational arrangements would provide no basis for choice and hence ...
openaire   +1 more source

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