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Coase call.
- Source :
-
Economist . 7/29/2017, Vol. 424 Issue 9051, p59-60. 2p. 2 Color Photographs. - Publication Year :
- 2017
-
Abstract
- The article presents a paper published by British economist Ronald Coase which pointed out a glaring omission within companies that standard model of economics did not fit with what goes on within them. The paper has raised different questions including why market transactions emerged if firms exist to reduce transaction costs and what decides how the economy as a whole is organised. Also tackled is the management of ties between a firm and its stakeholders.
Details
- Language :
- English
- ISSN :
- 00130613
- Volume :
- 424
- Issue :
- 9051
- Database :
- Academic Search Index
- Journal :
- Economist
- Publication Type :
- Periodical
- Accession number :
- 124380722