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Transaction Cost Economics: An Introduction

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dc.creator Williamson, Oliver E.
dc.date 2007
dc.date.accessioned 2013-10-16T06:57:26Z
dc.date.available 2013-10-16T06:57:26Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/17926
dc.identifier ppn:557919193
dc.identifier RePEc:zbw:ifwedp:5517
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/17926
dc.description This overview of transaction cost economics is organized around the "Carnegie Triple" – be disciplined; be interdisciplinary; have an active mind. The first of these urges those who would open up the black box of economic organization to do so in a modest, slow, molecular, definitive way, with the object of deriving refutable implications and submitting these to empirical testing. The second recommends that the student of economic organization be prepared to cross disciplinary boundaries if and as this is needed to preserve veridical contact with the phenomena. The injunction have an active mind is implemented by being curious and asking the question "What is going on here?" The paper concludes with a discussion of operationalization.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Economics Discussion Papers / Institut für Weltwirtschaft 2007-3
dc.rights http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
dc.subject D2
dc.subject D73
dc.subject D86
dc.subject L2
dc.subject ddc:330
dc.title Transaction Cost Economics: An Introduction
dc.type doc-type:workingPaper


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