Transaction Cost Economics: The Precursors
Transaction Cost Economics: The Precursors
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交易成本经济学:前身
DOI:
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发表时间:
2008
期刊:
影响因子:
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通讯作者:
O. Williamson
中科院分区:
文献类型:
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作者:
O. Williamson
Theories commonly progress through four stages, from informal to pre-formal to semi-formal and fully formal. This paper reports on the earliest stage of transaction cost economics that extended from the 1920s to the 1970s. That the gestation stage lasted so long is partly because transaction cost economics departed significantly from the then-prevailing economic orthodoxy. Also, and related, it is an interdisciplinary undertaking. As reported herein, transaction cost economics selectively combines economics, organisation theory and law and is the product of the contributions of some of the finest minds in those three fields.