Tagged: transaction cost

Summary theories of the firm - The Dismal Science

Bill Kaye-Blake Feb 11, 2014

Paul Walker over at antidismal mentioned that he has a new article in the Journal of Economic Surveys on theories of the firm. There’s a pre-publication version on his University of Canterbury website. It’s highly recommended reading if you have any interest in why firms exist and what they do. Titled ‘Contracts, entrepreneurs, market creation and judgement: […] … Read More