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1. Summarize Coase’s transaction cost theory of the firm.

2. Why is asset specificity important in Klein-Crawford-Alchian? Would it matter if uncertainty did not exist?

3. Why is Alchian and Demsetz’s information cost theory of the firm often viewed as a property rights theory of the firm?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93127600

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