The impact of empirical tests of transaction cost economics on the debate on the nature of the firm
Abstract
Transaction cost economics (TCE), as developed and operationalized by Oliver Williamson, is one of the most prominent and influential developments in the social sciences. In recent years, on the basis of many empirical studies, it has been claimed that the evidence has corroborated TCE. If so, this would have major implications for the debate between TCE and other approaches to understanding the nature of the firm. In this paper we submit the...
Paper Details
Title
The impact of empirical tests of transaction cost economics on the debate on the nature of the firm
Published Date
Jan 1, 2006
Journal
Volume
27
Issue
5
Pages
461 - 476
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