Transaction cost economics suggests that the costs and difficulties associated with market transactions sometimes favor hierarchies (or in-house production) and sometimes markets as an economic governance structure. An intermediate mechanism, called hybrid or relational, between these two extremes has recently emerged as a new governance structure .
summary of "The Economics of Organization: The Transaction Cost Approach." >> important document about transaction costs economics by Williamson (one of the most influential persons in this domain of economics)
summary of "The Economics of Organization: The Transaction Cost Approach." >> important document about transaction costs economics by Williamson (one of the most influential persons in this domain of economics)
TCE >> transactiekosten omlaag door ICT >> mogelijkeheid tot creËren flexibelere organisaties, meer verspreid over tijd en ruimte >> behoefte aan ICT die dat soort organisaties ondersteunt :: PEERS.