entity · derived
Transaction cost economics
Derived node: assembled mechanically from the claims carrying transaction-cost-economics. A roster, not an adjudicated definition.
Every claim under this term
- 5886442-017 : When hyper rational agents can write and execute complete state contingent contracts at negligible cost, the Williamsonian justification for hierarchical governance evaporates.
- 6421319-017 : The Williamsonian justification for hierarchical governance evaporates when hyper rational agents can write and execute complete state contingent contracts at negligible cost, because the firm was an
- 6607458-020 : The three dissolution mechanisms compound: marginal cost collapse undermines price signals, transformed asymmetry relocates the binding informational constraint to computational access, and cognitive