Elsner, Wolfram; Hocker, Gero; Schwardt, Henning - Volkswirtschaftliche Fakultät, … - 2009
Transaction cost economics explains organizations in a simplistic ‘market-vs.-hierarchy’ dichotomy. In this view, complex real-world coordination forms are simply considered ‘hybrids’ of those ‘pure’ and ideal forms, thus being located on a one-dimensional ‘line’ between them....