The Firm in the Context of the Theory of Transaction Costs
AbstractThe modern firm is discussed from the viewpoint of R. Cose’s theory of transaction costs. The issue of management and price mechanism as alternative methods of allocating economic resources is analyzed. The company growth limits are defined and the nature of transaction costs is given, utilizing a wide range of bibliography. It is in transaction costs levels that barriers to exchange in most countries of Eastern Europe are sought.
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Bibliographic InfoArticle provided by Bulgarian Academy of Sciences - Economic Research Institute in its journal Economic Thought.
Volume (Year): (2004)
Issue (Month): 1 ()
Find related papers by JEL classification:
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
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UCLA Economics Working Papers
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"Възможност За Счетоводно Отчитане На Транзакционните Разходи В Предприятията
[A Possible Way to Estimate Transaction Costs Throug," MPRA Paper 52428, University Library of Munich, Germany.
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