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Case Studies in Contracting and Organization
 
 
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Case Studies in Contracting and Organization [Paperback]

Scott E. Masten (Editor)

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Book Description

019509252X 978-0195092523 January 25, 1996
Case Studies in Contracting and Organization is an edited collection of empirical studies from the transaction-cost economics literature on contracting and organization. Derived from the work of Ronald Coase, 1991 winner of the Nobel Prize in Economics, Olive Williamson, and other transaction-cost economists, the studies explore such fundamental organizational issues as the role of reputation, the purpose and limitations of contracts, the nature and boundaries of the firm, and the evolution and role of hybrid organizational forms such as franchising, leasing, and joint ventures. Industries covered include aerospace, automotive, electric power generation, fast food, natural gas, ocean shipping, petroleum, coke refining, rail transportation, soft drink distribution, shoe manufacturing, and tuna processing. An introductory chapter provides an overview of transaction-cost reasoning and a summary of each study's contributions to our understanding of the problem of economic organization. The relatively nontechnical nature of the readings makes the book accessible to business and law students as well as advanced undergraduate and graduate students of economics.

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About the Author

Scott E. Masten is at University of Michigan.

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Inside This Book (learn more)
First Sentence:
This book is about the ways in which businesses organize production and exchange and, particularly, about why relationships between commercial transactors take the forms they do. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
petroleum coke contracts, highly idiosyncratic investment, perpetual territories, bottler ownership, independent bottling systems, annual contract quantity, fountain distribution system, contractual specificities, spot chartering, new coker, ante rents, cargo guarantees, bulk shipping markets, captive distribution system, aluminum contracts, nonspecific investment, whaling norms, commercial transactors, post rents, allied brands, calcined coke, price premia, franchisor opportunism, independent bottlers, spot contracting
Key Phrases - Capitalized Phrases (CAPs): (learn more)
General Motors, United States, Fisher Body, Great Lakes, United Shoe, District Court Opinion, Drewry Shipping Studies, United Facts, New England, Los Angeles, University of Michigan, Cola Wars, Oliver Williamson, Federal Trade Commission, Forbes-Stevenson Study, Sea of Okhotsk, Union Carbide, University of Chicago Press, Cities Service, Department of Commerce, Port Arthur, Santa Maria, University of California, Victor Goldberg, Benjamin Klein
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