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Unvollständige Verträge und die Grenzen der Firma

By Christian Ewerhart and Patrick W. Schmitz


This paper provides a non-technical discussion of the incomplete contracting approach to the theory of the firm developed by Grossman and Hart (1986). This approach offers an answer to the questions regarding the boundaries of the firm first raised by Coase (1937).

Topics: D23 - Organizational Behavior; Transaction Costs; Property Rights
Year: 1998
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