Abstract
The aim of this chapter is to discuss the limits of the contractual approach to the theory of the firm and to question the notion of wholly circumscribing the employer-employee relationship in a contract. I submit that the employment relationship is the organizational core of the firm.
The author wishes to acknowledge the CNR for its financial support (CNR 92.01979). Comments by Baumol, Dow and Tatara are gratefully acknowledged.
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Turvani, M. (1996). The Core of the Firm: The Issue of the Employer-Employee Relationship. In: Groenewegen, J. (eds) Transaction Cost Economics and Beyond. Recent Economic Thought Series, vol 48. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-1800-9_10
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DOI: https://doi.org/10.1007/978-94-009-1800-9_10
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