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The Economics of Transaction Costs (Paperback)
Loot Price: R1,365
Discovery Miles 13 650
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The Economics of Transaction Costs (Paperback)
Series: An Elgar Critical Writings Reader
Expected to ship within 12 - 17 working days
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Transaction cost economics began to take shape around thirty years
ago and has since been established as an essential tool used to
illuminate a wide range of problems in economics and other social
sciences. This paperback reader for students and scholars presents,
in a convenient and accessible form, the articles which together
form the foundations of research in transaction cost economics.The
volume is divided into three parts: the first part presents the
background to the field and includes those path-breaking papers
from Coase (1937 and 1972), Williamson (1971) and Alchian and
Demsetz (1972). The second part addresses the apparatus of
transaction cost economics and includes papers on the structure and
limits of firms. The third part presents the applications of
transaction cost economics to firm behavior, investment
decision-making, contract bidding, regulation and legislation. The
editors, themselves distinguished scholars in the field, have
written a new introduction which sketches the history of research
in the field and offers some thoughts about the future of
transaction cost economics.
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