On the Transaction Cost Determinants of Vertical Integration

By M. Whinston. 2003

343 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/560df170db32af81b74b984c7f7444c4161465e7

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Citations in the corpus

Motivations for selecting cross-border e-commerce as a foreign market entry mode (2020, background): “This theoretical position has gained prominence in research (Chan & Reiner, 2019b; Peltzman, 1991; Whinston, 2003).”
Non-Contractible Investments and Vertical Integration in the Mexican Footwear Industry (2002, background): “2 In recent papers, Whinston (2000, 2001) compares the transactions cost and property rights frameworks.”
Bargaining power and industry dependence in mergers (2012, background): “A standard theoretical argument is that a greater share of the joint gains in a merger is captured by the firm with the greater outside option, or next best alternative (Whinston, 2003).”
Transaction Cost Economics: An Assessment of Empirical Research in the Social Sciences (2006, unknown): “Some important differences between PRT and TCE are articulated in Whinston (2001, 2003), including that both theories can offer competing predictions.”
Interpersonal Authority in a Theory of the Firm (This paper is currently being revised) (2007, background): “Other ways to endogenize this constraint include risk-aversion (Michael Harrison and David M. Kreps 1978), ambiguity aversion (in this case, discounting payoffs about which there is open disagreement), capital constraints, or adverse selection with respect to private information (Stephen Morris 1994”
Four formal(izable) theories of the firm (2005, background): “Whinston (2003) takes a complementary approach, reexamining some of the classic empirical work on the make-or-buy problem to see what light it sheds on subsequent theoretical developments.”
The boundaries of the multinational firm: an empirical analysis (2008, background): “Indeed, it is even possible that they operate in ways that lead to overinvestment(Whinston, 2003).”
The Many Faces of Asset Specificity: A Critical Review of Key Theoretical Perspectives (2011, unknown): “Although PRT starts from the same premises as TCE (incomplete contracts and ex post quasi rents), the types of specificity that matter and their predicted effects can be quite different from those obtained within TCE (see Gibbons 2005b; Holmström and Roberts 1998; Whinston 2003).”
Testing Contract Theory: A Survey of Some Recent Work (2002, background): “However, this would certainly be premature, as argued by Whinston (2000) for vertical integration theories.”
The Economics of Governance (2005, unknown): “Whinston (2003) . Interestingly, much of the empirical research on the”