Firms, Markets and Hierarchies: The Transaction Cost Economics Perspective

by David J. Teece, Glenn R. Carroll

Overview

This book examines transaction cost economics, the influential theoretical perspective on organizations and industry that was the subject of Oliver Williamson's seminal book, Markets and Hierarchies (1975). Written by leading economists, sociologists, and political scientists, the essays collected here reflect the fruitful intellectual exchange that is occurring across the major social science disciplines. They examine transaction cost economics' general conceptual orientation, its specific theoretical propositions, its applications to policy, and its use in systematic empirical research. The chapters include classic texts, broad review essays, reflective commentaries, and several new contributions to a wide range of topics, including organizations, regulations and law, institutions, strategic management, game theory, entrepreneurship, innovation, finance, and technical information.

Product Details

ISBN-13:	9780195119510
Publisher:	Oxford University Press, USA
Publication date:	01/28/1999
Edition description:	New Edition
Pages:	552
Product dimensions:	6.00(w) x 9.30(h) x 1.40(d)
Lexile:	1540L (what's this?)

About the Author

Glenn R. Carroll is Paul J. Cortese Professor of Management and David J. Teece is Mitsubishi Bank Professor, both in the Haas School of Business at the University of California at Berkeley.