Transaction Cost Economics and Beyond - Dietrich, Michael
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In recent years transaction costs economics have come to dominate the discussion of the nature and organization of firms. In Transaction Costs Economics and Beyond Michael Driscoll 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.

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Produktbeschreibung
In recent years transaction costs economics have come to dominate the discussion of the nature and organization of firms. In Transaction Costs Economics and Beyond Michael Driscoll 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.
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Autorenporträt
Michael Dietrich lectures in economics and business policy at Sheffield University Management School. He has published papers and articles in areas such as the organisation of the firm and corporate restructuring in Europe. He is joint editor (with Ash Amin) of Towards a new Europe?