{"product_id":"books-transaction-cost-economics-and-beyond-by-michael-dietrich","title":"Transaction Cost Economics and Beyond","description":"In recent years transaction cost economics have come to dominate the discussion of the nature and organization of firms. In Transaction Costs Economics and Beyond Michael Dietrich offers a critical exploration of transaction costs. He argues that whilst they have much to offer, they are still an inadequate basis for a general theory of the firm. Drawing on theories of organizational behaviour as well as economics, he concludes by offering a theory of the firm that allows for both hierarchical and creative decision making.","brand":"World of Books ","offers":[{"title":"Default Title","offer_id":53674655252753,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780415071567_72102718-ae5a-40b9-94e6-6fd3c80960d0.jpg?v=1781534864","url":"https:\/\/www.worldofbooks.com\/en-gb\/products\/books-transaction-cost-economics-and-beyond-by-michael-dietrich","provider":"World of Books ","version":"1.0","type":"link"}