The Economic Institutions of Capitalism: Firms, Markets, Relational ContractingFree Press, 1985 - 450 pages This long-awaited sequel to the modem classic Markets and Hierarchies develops and extends Williamson's innovative use of transaction cost economics as an approach to studying economic organization by applying it to work and labor as well as the corporation itself. In addition, Williamson explores its growing implications for public policy, including its potential influence on antitrust and merger guidelines, labor policy, and SEC and public utility regulations. |
Table des matières
The Governance of Contractual Relations 1 Contracting Traditions | 1 |
Efficient Governance | 2 |
Uncertainty | 3 |
Droits d'auteur | |
40 autres sections non affichées
Autres éditions - Tout afficher
The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting Oliver E. Williamson Affichage d'extraits - 1987 |
The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting Oliver E. Williamson Affichage d'extraits - 1985 |
Expressions et termes fréquents
adaptations agreement alternative antitrust arbitration argument assessment asset specificity attributes award bargaining behavior benefits bilateral bounded rationality buyer Cable capital capitalist CATV ceteris paribus Chandler Chapter Communal-emh comparative institutional competition complex condition conglomerate contract renewal interval corporation CTIC decision Demsetz developed discussed economic organization effects efficiency employees equipment ex ante ex post exchange expropriation favored firm Focus franchise bidding golden parachute governance structures hazards hierarchy hostage human asset industry innovation Inside Contracting interest internal investments issues kind labor managerial discretion ment merger microanalytic modes monopoly natural monopoly node nomic nonstandard observes operating organizational ownership parties posed Posner presumably price discrimination private ordering problems purpose technology purposes Putting-Out Putting-Out system railroads realized reference regulation respects response safeguards Schwinn specific assets strategic suppliers theory tion trading transaction cost economics uncertainty unions vertical integration Williamson workers