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Especificidad de activos y relaciones contractuales: Análisis de un caso de construcción de obra

Author

Listed:
  • Martín Dutto

    () (Unversidad Nacional del Litoral)

  • Marcos Gallacher

    () (Universidad del CEMA)

Abstract

The purpose of this paper is to describe mechanism included in construction contracts that have the purpose of reducing transaction costs. Contractual solutions are analyzed focusing, in particular, on asset specificity and bounded rationality. A public works contract case is used as empirical evidence of the theoretical concepts.

Suggested Citation

  • Martín Dutto & Marcos Gallacher, 2011. "Especificidad de activos y relaciones contractuales: Análisis de un caso de construcción de obra," Revista de Economía y Estadística, Universidad Nacional de Córdoba, Facultad de Ciencias Económicas, Instituto de Economía y Finanzas, vol. 0(1), pages 33-49, January.
  • Handle: RePEc:ief:reveye:v:49:y:2011:i:1:p:33-49
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    File URL: http://ief.eco.unc.edu.ar/files/publicaciones/economiayestadistica/2011_49_n1/2_2011_49n01_especific.pdf
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    More about this item

    Keywords

    Firm behavior; Business Economics.;

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General

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