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Contract, Governance And Transaction Cost Economics
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Contract, Governance And Transaction Cost Economics
This book brings together a collection of seven papers on Transaction Cost Economics by Nobel Laureate Professor Oliver E Williamson. The applications of Transaction Cost Economics are extensive, ranging from the field of industrial organization and applied fields of economics such as labor, public finance, comparative economic systems and economic development, to the business fields of strategy, organizational behavior, marketing, finance, operations management, and accounting. In short, as Williamson states, ''any problem that originates as or can be reformulated as a contracting problem can be examined to advantage in transaction cost economizing terms.''What is referred to as New Institutional Economics is developed in the West in two mainly complementary ways: Property Rights Theory, and Transaction Cost Economics. Of the two, Property Rights Theory developed more rapidly. Transaction Cost Economics has nonetheless taken shape of late.In China, research on New Institutional Economics began in the 1990s and has grown rapidly since. China has similarly given much more attention to Property Rights Theory. Gengxuan Chen, the editor of this volume, recommends that China will benefit by bringing Transaction Cost Economics to bear. Simultaneously, for scholars who study the market economy, Transaction Cost Economics provides a very attractive way to explain the practice of the Chinese market economy.
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This book brings together a collection of seven papers on Transaction Cost Economics by Nobel Laureate Professor Oliver E Williamson. The applications of Transaction Cost Economics are extensive, ranging from the field of industrial organization and applied fields of economics such as labor, public finance, comparative economic systems and economic development, to the business fields of strategy, organizational behavior, marketing, finance, operations management, and accounting. In short, as Williamson states, ''any problem that originates as or can be reformulated as a contracting problem can be examined to advantage in transaction cost economizing terms.''What is referred to as New Institutional Economics is developed in the West in two mainly complementary ways: Property Rights Theory, and Transaction Cost Economics. Of the two, Property Rights Theory developed more rapidly. Transaction Cost Economics has nonetheless taken shape of late.In China, research on New Institutional Economics began in the 1990s and has grown rapidly since. China has similarly given much more attention to Property Rights Theory. Gengxuan Chen, the editor of this volume, recommends that China will benefit by bringing Transaction Cost Economics to bear. Simultaneously, for scholars who study the market economy, Transaction Cost Economics provides a very attractive way to explain the practice of the Chinese market economy.
Se mere i:
Produktdetaljer
Sprog: Engelsk
Sider: 220
ISBN-13: 9789813202078
Indbinding: Hardback
Udgave:
ISBN-10: 9813202076
Kategori: Mikroøkonomi
Udg. Dato: 23 maj 2017
Længde: 21mm
Bredde: 159mm
Højde: 235mm
Oplagsdato: 23 maj 2017
Forfatter(e) Oliver Eaton (Univ Of California Williamson, Oliver Eaton Williamson


Kategori Mikroøkonomi


Sprog Engelsk


Indbinding Hardback


Sider 220


Udgave


Længde 21mm


Bredde 159mm


Højde 235mm

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