On the Transaction Cost Determinants of Vertical Integration

Journal of Law, Economics, and Organization

Volumn 19, Issue 1, 2003, Pages 1-23

  Whinston, Michael D ^a  

^a NORTHWESTERN UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0038713447     PISSN: 87566222     EISSN: None     Source Type: Journal    
DOI: 10.1093/jleo/19.1.1     Document Type: Review

References (26)

1. Aghion, Phillippe, and Jean Tirole. 1997. "Formal and Real Authority in Organizations," 105 Journal of Political Economy 1-29.
2. Bajari, Patrick, and Steven Tadelis. 2001. "Incentives versus Transaction Costs: A Theory of Procurement Contracts," 32 RAND Journal of Economics 387-407.
3. Baker, George, and Thomas Hubbard. 1999. "Contractibility and Asset Ownership: On-Board Computers and Governance in U.S. Trucking," mimeo, University of Chicago.
4. Bolton, Patrick, and Michael D. Whinston. 1993. "Incomplete Contracts, Vertical Integration, and Supply Assurance," 60 Review of Economic Studies 121-48.
5. Che, Yeon-Koo, and Donald B. Hausch. 1999. "Cooperative Investments and the Value of Contracting," 89 American Economic Review 125-47.
6. Coase, Ronald H. 1937. "The Nature of the Firm," 4 Economica 386-405.
7. Grossman, Sanford J., and Oliver D. Hart. 1986. "The Costs and Benefits of Ownership: A Theory of Vertical Integration," 94 Journal of Political Economy 691-719.
8. Hanson, Gordon H. 1996. "The Decline of Vertical Integration in English Textiles: An Empirical Application of the Theory of the Firm," mimeo, Univeristy of Texas, Austin.
9. Hart, Oliver. 1995. Firms, Contracts, and Financial Structure. Oxford: Oxford University Press.
10. _, and John Moore. 1990. "Property Rights and the Nature of the Firm," 98 Journal of Political Economy 1119-58.
11. Joskow, Paul L. 1985. "Vertical Integration and Long-Term Contracts: The Case of Coal-Burning Electric Generation Plants," 1 Journal of Law, Economics, & Organization 33-80.
12. _. 1988. "Asset Specificity and the Structure of Vertical Relationships: Empirical Evidence," 4 Journal of Law, Economics, & Organization 95-117.
13. Klein, Benjamin, Robert G. Crawford, and Armen A. Alchian. 1978. "Vertical Integration, Appropriable Rents, and the Competitive Contracting Process," 21 Journal of Law and Economics 297-326.
14. Masten, Scott E. 1984. "The Organization of Production: Evidence from the Aerospace Industry," 27 Journal of Law and Economics 403-17.
15. _, ed. 1996. Case Studies in Contracting and Organization. New York: Oxford University Press.
16. Matouschek, Niko. 2001. "Information and the Optimal Ownership Structure of Firms," mimeo, Northwestern University.
17. Monteverde, Kirk, and David J. Teece. 1982a. "Appropriable Rents and Quasi-Vertical Integration," 25 Journal of Law and Economics 321-28.
18. _. 1982b. "Supplier Switching Costs and Vertical Integration in the Automobile Industry," 13 Bell Journal of Economics 206-13.
19. Rajan, Raghuram G., and Luigi Zingales. 1998. "Power in a Theory of the Firm," 113 Quarterly Journal of Economics 387-432.
20. Shelanski, H. A., and P. G. Klein. 1995. "Empirical Research in Transaction Cost Economics: A Review and Assessment," 11 Journal of Law, Economics, & Organization 335-61.
21. Williamson, Oliver E. 1975. Markets and Hierarchies: Analysis and Antitrust Implications. New York: Free Press.
22. _. 1979. "Transaction Costs Economics: The Governance of Contractual Relations," 22 Journal of Law and Economics 233-62.
23. _. 1983. "Credible Commitments: Using Hostages to Support Exchange," 73 American Economic Review 519-40.
24. _. 1985. The Economic Institutions of Capitalism. New York: Free Press.
25. _. 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," 38 Journal of Economic Literature 595-613.
26. Woodruff, Christopher. "Non-Contractible Investments and Vertical Integration in the Mexican Footwear Industry," forthcoming in International Journal of Industrial Organization.