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Books > Business & Economics > Economics > Microeconomics
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Transaction Cost Economics - Recent Developments (Hardcover)
Loot Price: R2,854
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Transaction Cost Economics - Recent Developments (Hardcover)
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This important new book deals with some of the most fundamental
issues of transaction cost economics. It focuses on the analysis of
the internal nature and characteristics of organizations and on the
subtle interactions between institutional environment and
governance structures over time.Transaction Cost Economics
investigates the nature of contractual arrangements involved in
large organizations, the 'configurations' of corporations, the
modes of governance implemented, and the respective role of
different constituencies. The second series of problems addressed
in the book concerns the interaction between the institutional
environment and governance structures over time, with special
emphasis on the Russian privatization programme and the narcotics
market. These twin analyses substantiate the distinction between
private and public ordering. The book is strongly oriented towards
increasing the operationalization of the concepts of transaction
cost economics. The book will be essential reading for everyone
interested in the new institutional economics and by recent
developments in the theory of contracts, in transaction costs
economics and in organisation theory. Because of its emphasis on
potential applications, it will also be of interest to readers from
management science and those involved in the analysis of economies
in transition.
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