The transaction cost theory of the (multinational) firm - Reply

被引：0
|
作者：
Hallwood, CP [1 ]
机构：
[1] Univ Connecticut, Dept Econ, Lyme, CT 06371 USA
来源：
JOURNAL OF INSTITUTIONAL AND THEORETICAL ECONOMICS-ZEITSCHRIFT FUR DIE GESAMTE STAATSWISSENSCHAFT | 1997年 / 153卷 / 04期
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D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The thesis by HALLWOOD [1994] is compactly restated, showing that most of Love's points are either already encompassed, or, are useful extensions of it. Love's idea that production cost differences between firms are necessarily caused by transaction costs is rejected, as differences between firms in the capital valuation of firm-specific knowledge may be due to uncertainty.
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页码：682 / 687
页数：6
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