Ronald Coase 1910-2013, In memoriam
This paper relates to the implications of transaction costs in Ronald Coase. The economics of transaction costs (TCE) is a first-order theoretical framework for understanding both the constraints to the development of the company to warn gaps in current public policy developments with important implications. Finally it provides observations of public policy aimed at correcting deviations of government experience.
B2 - History of Economic Thought since 1925, B31 - Individuals, B32 - Obituaries, B41 - Economic Methodology, H4 - Publicly Provided Goods, H43 - Project Evaluation; Social Discount Rate, L2 - Firm Objectives, Organization, and Behavior, L22 - Firm Organization and Market Structure, L24 - Contracting Out; Joint Ventures; Technology Licensing, L5 - Regulation and Industrial Policy, N4 - Government, War, Law, International Relations, and Regulation