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The Analysis of Flexibility in Buyer-Seller Relationships from a Transaction Cost Economics Perspective

  • Ellen Roemer
Part of the Business-to-Business-Marketing book series (BTBM)

Abstract

Flexibility is a very prominent subject in everyday parlance as well as in economic theory. In economic theory, an analysis of flexibility is problematic because a lot of different academic disciplines have dealt with the subject of flexibility. From this follows a variety of definitions. In this section, I therefore approach a definition of flexibility which is appropriate for the analysis of flexibility in buyer-seller relationships, I investigate the roots of the word, I explore different lines on flexibility, and I compile some definitions used in economic literature in order to extract a working definition.

Keywords

Transaction Cost Governance Structure Bounded Rationality Environmental Uncertainty Neoclassical Economic 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Deutscher Universitäts-Verlag/GWV Fachverlage GmbH, Wiesbaden 2004

Authors and Affiliations

  • Ellen Roemer

There are no affiliations available

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