Transaction Cost Economics
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Transaction Cost Economics

Scott Masten

Although what has come to be known as transaction cost economics has its origins in the 1930s, it was not until the 1970s that transaction cost economics as a systematic and identifiable field of study began. Since then, numerous theoretical developments and empirical applications have expanded and enriched the field. Recognition of its contributions to our understanding of organizations and institutions includes two Nobel laureates, Ronald Coase in 1991 and Oliver Williamson in 2009. This is an important selection of key articles on transaction cost economics by distinguished scholars including Ronald Coase, Herbert Simon, Kenneth Arrow and Richard A. Posner. This research review addresses key areas such as private ordering and credibility, contracts and organization, internal organization, vertical integration and contracting..
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About this Research Review

Scott Masten

About Elgar Research Reviews

Elgar Research Reviews consist of two principal components: a scholarly review article and a list of recommended readings.

This Research Review is an updated and revised edition of a book that was previously only available in printed format. A listing of the original table of contents is also included, referred to here as the ‘print edition table of contents’.

Each review article is prepared by a leading scholar and introduces the relevant field of academic study by surveying the seminal and most transformative articles within that field. This piece sets the recommended readings into context, revealing how they have shaped scholarship and why they are important to the development of the field. To facilitate further research the recommended readings are fully referenced.

Using the reference links provided

If your library has provided the location of their link resolver you can search for the article in their online catalogue. To facilitate this we have included a hyperlink under each reference.

There is also a link to search for each reading within Google Scholar, providing an important alternative method of finding the readings on the original publisher’s website and helping you to identify similar work.

Finding the print edition table of contents

This Research Review is an updated and revised edition of a book that was previously only available in printed format.

Transaction Cost Economics (2 volumes)

Oliver E. Williamson and Scott Masten (eds)

ISBN 978 1 85278 952 7

This edition includes the full text of the original review article and of the print edition table of contents. Each entry in the print edition table of contents is presented exactly as it appeared in its original setting.

To see if the print edition is available in your library, use the ’Find This Book In Your Library’ button at the top of this page. Note that the button only appears if your library has provided details of their link resolver.