Transaction Cost Economics and Beyond

Transaction cost economics (TCE) is at the heart of the new theory of the firm. While it is an established research tradition with a well developed theoretical framework and good empirical results, critics consider TCE too limited to understand the essential characteristics of complex organizations like the firm. The criticism is that we need to go beyond the original TCE framework and develop a more pluralistic approach towards issues of economic organization. This book provides a lively debate on these issues in an open-minded, academic manner. Transaction Cost Economics and Beyond contributes to our further understanding of the theory of the firm and provides a better knowledge of the complexities of economic organization.Groenewegen, John is the author of 'Transaction Cost Economics and Beyond', published 1996 under ISBN 9780792396116 and ISBN 0792396111.