The Firm in the Context of the Theory of Transaction Costs Cover Image

Фирмата в контекста на теорията за транз-акционните разходи
The Firm in the Context of the Theory of Transaction Costs

Author(s): Tamara Todorova
Subject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките

Summary/Abstract: The modern firm is discussed from the viewpoint of R. Cose’s theory of transaction costs. The issue of management and price mechanism as alternative methods of allocating economic resources is analyzed. The company growth limits are defined and the nature of transaction costs is given, utilizing a wide range of bibliography. It is in transaction costs levels that barriers to exchange in most countries of Eastern Europe are sought.

  • Issue Year: 2004
  • Issue No: 1
  • Page Range: 55-74
  • Page Count: 20
  • Language: Bulgarian