Vertical integration in production and services: development in transaction cost economics

In this paper, we first establish the core, fundamental concepts of Williamson's TCE, examining the different governance structures or the institutional alternatives that TCE theory proposes. We go on to describe some critical considerations and theoretical proposals that correspond fundame...

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Detalles Bibliográficos
Autores: Peris-Ortiz, Marta|||0000-0002-7912-7033, Rueda Armengot, Carlos|||0000-0001-5820-4282, Bonet, FJP
Tipo de recurso: artículo
Fecha de publicación:2011
País:España
Institución:Universitat Politècnica de València (UPV)
Repositorio:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Idioma:inglés
OAI Identifier:oai:riunet.upv.es:10251/57106
Acceso en línea:https://riunet.upv.es/handle/10251/57106
Access Level:acceso abierto
Palabra clave:Transaction cost economics
Specific assets
Idiosyncratic demand
Vertical integration
ORGANIZACION DE EMPRESAS
Descripción
Sumario:In this paper, we first establish the core, fundamental concepts of Williamson's TCE, examining the different governance structures or the institutional alternatives that TCE theory proposes. We go on to describe some critical considerations and theoretical proposals that correspond fundamentally to Williamson's heuristic model, the integration of incentives in organizational forms, idiosyncratic demand, and how the concept of transaction is conceived in general.