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El enfoque transaccional en los límites de la empresa
[The transactional approach in company boundaries]

Author

Listed:
  • Chaihuaque, Bruno

Abstract

This article shows the relationship between market and firms through the theory of transactional cost and the relations that determine the structure and boundaries of the firm. Using the assumptions from the transactional cost approach, this article proposes some variables that determine optimal organizational structures and their boundaries.

Suggested Citation

  • Chaihuaque, Bruno, 2009. "El enfoque transaccional en los límites de la empresa [The transactional approach in company boundaries]," MPRA Paper 41297, University Library of Munich, Germany, revised 16 Jul 2009.
    • Handle: RePEc:pra:mprapa:41297
    as

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    File URL: https://mpra.ub.uni-muenchen.de/41297/1/MPRA_paper_41297.pdf
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    References listed on IDEAS

    as
    1. Herbert A. Simon, 1955. "A Behavioral Model of Rational Choice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 69(1), pages 99-118.
    2. Valeria Gattai, 2006. "From the Theory of the Firm to FDI and Internalisation: A Survey," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 65(2), pages 225-262, November.
    3. Srinivasan Balakrishnan & Isaac Fox, 1993. "Abstract," Strategic Management Journal, Wiley Blackwell, vol. 14(1), pages 3-16, January.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    transactional cost approach; bounded rationality; efficient firm boundaries;
    All these keywords.

    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms

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