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The Transaction as the Unit of Analysis

In: The Elgar Companion to Transaction Cost Economics

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  • Nicholas Argyres

Abstract

Since its emergence in the 1970s, transaction cost economics (TCE) has become a leading approach in the research on contracts, firm organization and strategy, antitrust, marketing, inter-firm collaboration and entrepreneurship. With contributions by leading scholars in economics, law and business administration – including Oliver E. Williamson, recipient of the 2009 Nobel Prize in economics for his development of the transaction cost approach – this volume reviews the latest developments in TCE and applies them to contemporary theoretical and empirical problems.

Suggested Citation

  • Nicholas Argyres, 2010. "The Transaction as the Unit of Analysis," Chapters, in: Peter G. Klein & Michael E. Sykuta (ed.), The Elgar Companion to Transaction Cost Economics, chapter 13, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:4136_13
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    6. Kreps, David M, 1996. "Markets and Hierarchies and (Mathematical) Economic Theory," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 5(2), pages 561-595.
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