Transaction Cost Economics and Beyond: Toward a New Economics of the Firm, 1st Edition (Paperback) book cover

Transaction Cost Economics and Beyond

Toward a New Economics of the Firm, 1st Edition

By Michael Dietrich

Routledge

232 pages

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Paperback: 9780415071567
pub: 1994-03-10
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Description

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.

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS069000
BUSINESS & ECONOMICS / Economics / General