Assessing the Property Rights and Transaction-Cost Theories of Firm Scope

By M. Whinston. 2001

142 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/7a7ac7ff7505660b7d30f19fb453d3b50d84c5a2

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Citations in the corpus

Complexity, Flexibility, and the Make-or-Buy Decision (2002, background): “…aspect of market-based procurement: what determines whether a product’s procurement contract should be fixed price or cost 1PRT offers itself as a general theory of the effects of contract incompleteness, but does not lend itself easily to empirical examination (see Whinston, 2001). plus?”
Property rights theory, transaction costs theory, and agency theory: an organizational economics approach to strategic management (2005, background): “…MacLeod and Malcomson (1993), Maskin and Moore (1999), Maskin and Tirole (1999a,b), Mullainathan and Scharfstein (2001), Muller and Warneryd (2001), Noldke and Schmidt (1995), Rajan and Zingales (1998, 2001), Segal (1999), Tirole (1999), Yang and Ng (1995), Whinston (2001) and Williamson (2000).”
Does Function Follow Organizational Form? Evidence from the Lending Practices of Large and Small Banks (2005, background): “As discussed in Whinston (2001), this is in part due to the fact that the predictions of property-rights models can be very sensitive to specific assumptions, such as the nature of the non-contractible investments that need to be made ex ante.”
The Theory of the Firm as Governance Structure: From Choice to Contract (2002, background): “As it stands, property rights theory makes limited appeal to data, because it yields very few refutable implications and is indeed very nearly untestable (Whinston, 2001).”
Ownership and Control in Outsourcing to China: Estimating the Property-Rights Theory of the Firm (2005, background): “Denoting these export shares by S(i, j), our 11 A stochastic specification of this type is suggested by Whinston (2001).”
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.”
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.”