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" Indeed, if transaction costs are negligible, the organization of economic activity is irrelevant, since any advantages one mode of organization appears to hold over another will simply be eliminated by costless contracting. But despite the growing realization... "
Contract and Property in Early Modern China: Rational Choice in Political ... - 第 181 頁
Madeleine Zelin 著 - 2004 - 408 頁
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Firms, Organizations and Contracts: A Reader in Industrial Organization

Peter J. Buckley, Jonathan Michie - 1996 - 475 頁
...economics is preoccupied with the origins, incidence, and ramifications of transaction costs. lndeed, if transaction costs are negligible, the organization...over another will simply be eliminated by costless contracting. But despite the growing realization that transaction costs are central to the study of...
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