Transaction Cost Economics Approach to Vertical Integration

James O. Fiet ()
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James O. Fiet: University of Louisville

Chapter Chapter 48 in The Theoretical Logic of Strategy, 2025, pp 239-241 from Springer

Abstract: Abstract Assuming high transaction cost investments and uncertaintyuncertainty/complexitycomplexity, according to transaction cost economics, vertical integration should occur to protect against the threat of opportunismthreat of opportunism.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-79014-0_48

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DOI: 10.1007/978-3-031-79014-0_48

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