Errata: A Transaction Cost Approach to Make-or-Buy Decisions
โ Scribed by Gordon Walker and David Weber
- Book ID
- 125051025
- Publisher
- Cornell University
- Year
- 1984
- Tongue
- English
- Weight
- 198 KB
- Volume
- 29
- Category
- Article
- ISSN
- 0001-8392
- DOI
- 10.2307/2392944
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
## Abstract The paper builds a formal model of the costs and benefits of producing intermediate goods internally as compared to buying partially produced inputs on the open market. The model centers on the link between the purchase of assets specific to a production process and the mean and varianc
Firms' boundary choices have undergone careful examination in recent years, particularly in information services. While transaction cost economics provides a widely tested explanation for boundary choice, more recent theoretical work advances competing knowledge-based and measurement cost explanatio