Organizations Theory
P. K. Rao
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P. K. Rao: Global Development Institute
Chapter 8 in The Economics of Transaction Costs, 2003, pp 141-151 from Palgrave Macmillan
Abstract:
Abstract The transaction costs (TC) paradigm offers a general framework for examining the choice of policy instruments and/or regimes for the management of resources and economic entities. The most fundamental unit of analysis in the economics of organization theory is the transaction. The TC paradigm enables articulation and choice of organizations geared to meet stated objectives.
Keywords: Transaction Cost; Organization Theory; Dynamic Capability; Bounded Rationality; Economic Organization (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59768-6_8
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DOI: 10.1057/9780230597686_8
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