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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.
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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 con
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 con
This book examines transaction cost economics, the influential theoretical perspective on organizations and industry that was the subject of Oliver Williamson's
Design-build delivery combines the tasks of engineering and construction into one contract with a private entity. Literature promoting design-build emphasizes t
All organizations, institutions, business processes, markets and strategies have one aim in common: the reduction of transaction costs. This aim is pursued rele