Williamson, Oliver E. - In: Handbook of industrial organization : volume 1, (pp. 135-182). 1989
This chapter discusses the operationalization of transaction cost economics. Vertical integration, an understanding of … in the chapter. Some empirical tests of the transaction cost hypotheses are summarized in the chapter. Transaction cost … economic organization, transaction cost economics (1) is more microanalytic, (2) is more self-conscious about its behavioral …