Transaction Cost Economics and Beyond

  • John Groenewegen

Part of the Recent Economic Thought Series book series (RETH, volume 48)

Table of contents

  1. Front Matter
    Pages i-ix
  2. Erin Anderson
    Pages 65-83
  3. Niels G. Noorderhaven
    Pages 105-128
  4. Geoffrey M. Hodgson
    Pages 249-269
  5. Paul R. Beije
    Pages 309-326
  6. Bart Nooteboom
    Pages 327-349
  7. Lars Magnusson, Jan Ottosson
    Pages 351-364
  8. John Groenewegen, Jack J. Vromen
    Pages 365-380

About this book

Introduction

This book contains the papers that were presented in 1994 at the conference "Transaction Cost Economics and Beyond" organized by GRASP at the Tinbergen Institute in Rotterdam. It is generally recognized that transaction cost economics (TCE) is at the heart of the new theory of the firm. It is a well established research program with a well developed theoretical framework and good results in empirical testing. However, critics consider the approach too limited to understand the essential characteristics of such complex organizations like firms. Critics plea convincingly for the need to go beyond the original TCE framework and to develop a more pluralistic approach towards issues of economic organization. The new theory of the firm can only be further developed when scholars are willing to debate the issues in an open-minded, academic way. I thank the participants of the conference very much for putting so much effort in writing their papers and for their contribution to an open and stimulating discussion. It is my wish that this book contributes to the further deve­ lopment of the theory of the firm and that it helps us to a better understan­ ding of the complexities of economic organization. I would like to thank the following organizations for their support: the Tinbergen Institute, the "Vereniging Trust Fonds" of the Erasmus University, the Faculty of Economics of the Erasmus University, and GRASP (Group for Research and Advice in Strategic management and Industrial Policy).

Keywords

Governance Institution economics efficiency employment theory of the firm

Editors and affiliations

  • John Groenewegen
    • 1
  1. 1.Department of EconomicsGRASP / Erasmus University RotterdamRotterdamThe Netherlands

Bibliographic information

  • DOI https://doi.org/10.1007/978-94-009-1800-9
  • Copyright Information Springer Science+Business Media B.V. 1996
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Print ISBN 978-94-010-7302-8
  • Online ISBN 978-94-009-1800-9
  • Series Print ISSN 0924-199X
  • About this book