Transaction Cost Management

Author : Chihiro Suematsu
Publisher : Springer
ISBN 13 : 331906889X
Total Pages : 273 pages
Book Rating : 4.93/5 ( download)

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Download or read book Transaction Cost Management written by Chihiro Suematsu and published by Springer. This book was released on 2014-08-07 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: All organizations, institutions, business processes, markets and strategies have one aim in common: the reduction of transaction costs. This aim is pursued relentlessly in practice, and has been perceived to bring about drastic changes, especially in the recent global market and the cyber economy. This book analyzes and describes “transactions” as a model, on the basis of which organizations, institutions and business processes can be appropriately shaped. It tracks transaction costs to enable a scientific approach instead of a widely used “state-of-the-art” approach, working to bridge the gap between theory and practice. This open access book analyzes and describes “transactions” as a model...

Author : Oliver E. Williamson
Publisher : Edward Elgar Publishing
ISBN 13 : 9780857938770
Total Pages : 0 pages
Book Rating : 4.70/5 ( download)

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Download or read book The Transaction Cost Economics Project written by Oliver E. Williamson and published by Edward Elgar Publishing. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transaction cost economics has and continues to be a fruitful area of research. There is still much to be done in the field with past research being used in conjunction with the vast number of contractual phenomena that have yet to be investigated in transaction cost economics terms. New challenges are posed by the need to move beyond the design of new contractual instruments (such as financial derivatives) to include an examination of the lurking hazards that attend contract implementation.

Author : Michael Dietrich
Publisher : Routledge
ISBN 13 : 1134909837
Total Pages : 232 pages
Book Rating : 4.34/5 ( download)

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Download or read book Transaction Cost Economics and Beyond written by Michael Dietrich and published by Routledge. This book was released on 2008-01-28 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years transaction cost economics have come to dominate the discussion of the nature and organization of firms. In Transaction Costs Economics and Beyond Michael Dietrich offers a critical exploration of transaction costs. He argues that whilst they have much to offer, they are still an inadequate basis for a general theory of the firm. Drawing on theories of organizational behaviour as well as economics, he concludes by offering a theory of the firm that allows for both hierarchical and creative decision making.

Author : Claude Ménard
Publisher :
ISBN 13 :
Total Pages : 206 pages
Book Rating : 4.30/5 ( download)

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Download or read book Transaction Cost Economics written by Claude Ménard and published by . This book was released on 1997 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text deals with some of the most fundamental issues of transaction cost economics. It focuses on the analysis of the internal nature and characteristics of organizations and of the subtle interactions between institutional environment and governance structures over time.

Author : Oliver E. Williamson
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 572 pages
Book Rating : 4.77/5 ( download)

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Download or read book The Economics of Transaction Costs written by Oliver E. Williamson and published by Edward Elgar Publishing. This book was released on 1999 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transaction cost economics began to take shape around 1970 and has since been established as an essential tool used to illuminate a wide range of problems in economics and other social sciences. This reader presents articles which together form the foundations of research in transaction cost economics.

Author : Peter G. Klein
Publisher : Edward Elgar Pub
ISBN 13 : 9781845427665
Total Pages : 314 pages
Book Rating : 4.61/5 ( download)

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Download or read book The Elgar Companion to Transaction Cost Economics written by Peter G. Klein and published by Edward Elgar Pub. This book was released on 2010 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Not too long ago it was possible to be familiar with all of the important works and latest developments in transaction cost economics. That that is no longer the case is a testament to the intellectual appeal and empirical success of the transaction cost approach. for newcomers, the entries in this volume, by some of TCE's most knowledgeable and eloquent contributors, offer an excellent introduction to the issues, methods, discoveries, and debates in the field; for veterans, the volume provides a highly valuable resource for catching up on the newest research.' - Scott E. Masten, University of Michigan School of Business, US

Author : George Z. Peng
Publisher : Springer Nature
ISBN 13 : 303046878X
Total Pages : 386 pages
Book Rating : 4.81/5 ( download)

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Download or read book Toward Behavioral Transaction Cost Economics written by George Z. Peng and published by Springer Nature. This book was released on 2020-10-26 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adopting a critical realist position, this book renders transaction cost economics (TCE) into a behavioral theory of organizational decision-making by foregrounding psychological processes and introducing and integrating with effectuation theory. Consistent with its behavioral agenda, the book introduces the concept of uncertainty controllability and provides a clearer conceptualization and a novel modeling strategy of bounded rationality based on the conceptual separation of cognitive bounds from psychological ‘rationalizing.’ The book inspires new insights into the significance of cultural distance (CD). Based on the understanding that culture is socially-extended cognition, the author re-conceptualizes CD as reflecting cognitive bounds, and uses the biases arising from CD to contextualize effectuation and deepen the flat ontology of both TCE and effectuation theory. The book presents a full two-sided behavioral framework of organizational decision-making, with behavioral TCE and behavioral real options theory complementing each other to complete the full behavioral picture. Both sides are further linked to organizational learning, which reduces biases over time and thus drives governance structures toward more rational directions. The full framework uses prospect theory as the overarching theory that determines which side of the behavioral framework is relevant for the uncertainty of concern based on the different problem frames resulting from different degrees of uncertainty controllability. Because effectuation can take place on both sides of the framework based on competing risk logics, prospect theory serves to harmonize inconsistencies in the effectuation literature as a side note. This book applies the behavioral TCE side of the framework to the study of MNC subsidiary ownership decision-making process using a dataset of over 10,000 Japanese subsidiaries founded in 43 host countries. It concludes with a discussion of implications and future directions for TCE in general and international business in particular.

Author : C. Avgerou
Publisher : Springer
ISBN 13 : 0230250610
Total Pages : 442 pages
Book Rating : 4.11/5 ( download)

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Download or read book Bricolage, Care and Information written by C. Avgerou and published by Springer. This book was released on 2009-10-16 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: Claudio Ciborra was one of the most innovative thinkers in the field of information systems. This book explains the intellectual contribution of Ciborra's work in a substantial introductory chapter, contains the most significant of his articles, and provides a sample of research that draws from his ideas.

Author : M. Pinedo
Publisher : Springer
ISBN 13 : 1137328878
Total Pages : 751 pages
Book Rating : 4.78/5 ( download)

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Download or read book Global Asset Management written by M. Pinedo and published by Springer. This book was released on 2013-08-29 with total page 751 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on all major aspects of the asset management industry including its regulations, strategies, processes, applied technologies and risks. It provides a serious resource for readers seeking greater depth and alternative opinions on specific industry developments, and breadth for specialists interested in the dynamics of the industry.

Author : Glenn R. Carroll
Publisher : Oxford University Press
ISBN 13 : 0195353196
Total Pages : 561 pages
Book Rating : 4.98/5 ( download)

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Download or read book Firms, Markets and Hierarchies written by Glenn R. Carroll and published by Oxford University Press. This book was released on 1999-01-28 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines transaction cost economics, the influential theoretical perspective on organizations and industry that was the subject of Oliver Williamson's seminal book,Markets and Hierarchies (1975). Written by leading economists, sociologists, and political scientists, the essays collected here reflect the fruitful intellectual exchange that is occurring across the major social science disciplines. They examine transaction cost economics' general conceptual orientation, its specific theoretical propositions, its applications to policy, and its use in systematic empirical research. The chapters include classic texts, broad review essays, reflective commentaries, and several new contributions to a wide range of topics, including organizations, regulations and law, institutions, strategic management, game theory, entrepreneurship, innovation, finance, and technical information. The book begins with an overview of theory and research on transaction cost economics, highlighting the specific accomplishments of scholars working within the perspective and emphasizing the enormous influence that transaction cost reasoning exerts on the social sciences. The following section covers conceptual uses for the transaction cost framework and major theoretical or methodological elements within it, such as bounded rationality. While advancing some interesting theoretical propositions, these chapters are in fact more ambitious: each examines a specific field, area, or research program and attempts to fashion a new way of thinking about research questions. In the section on industrial applications, contributors study the application of transaction cost theory to a range of problems in utilities, telecommunications, laser printing, and early international trade. The book closes with four microanalytical chapters that delve into the structures and behaviors of specific aspects of firms and organizations: boards of directors, equity structures, employment models, human resource policies and practices, technology strategies, and innovation events. Firms, Markets, and Hierarchies collects excellent social science work on transaction cost economics, taking stock of its status, charting its future development, and fostering its renewal and evolution.