Institutional economics at the micro level? What transaction costs theory could learn from original institutionalism (in the spirit of building bridges)

Journal of Economic Issues

Volumn 33, Issue 2, 1999, Pages 265-275

  Pessali, Huáscar F ^b   Fernández, Ramón G ^a  

^a UNIVERSITY OF MASSACHUSETTS   (United States)

^b NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0041169392     PISSN: 00213624     EISSN: None     Source Type: Journal    
DOI: 10.1080/00213624.1999.11506156     Document Type: Article

References (41)

1. Azevedo, Paulo. "Integração Vertical e Barganha." Ph.D. diss., The University of São Paulo, 1996.
2. Bowles, Samuel, and Herbert Gintis. "Contested Exchange: New Microfoundations for the Political Economy of Capitalism." Politics & Society 18, no. 2 (1990): 165-222.
3. Chang, Ha-Joon. "O Papel do Estado: uma Perspectiva Institucionalista." Proceedings of the Seminar "Instituições e Desenvolvimento Econômico: uma Perspectiva Comparativa sobre a Reforma do Estado," UFFRJ, Rio de Janeiro, November 1997: 1-6.
4. Coase, Ronald. "The Nature of the Firm." Economica 4 (1937): 386-405.
5. Commons, John. The Economics of Collective Action. New York: The Macmillan Company, 1950.
6. Dietrich, Michael. Transaction Cost Economics and Beyond: Towards a New Economics of the Firm. London: Routledge, 1994.
7. Dow, Gregory. "The Function of Authority in Transaction Cost Economics." Journal of Economic Behavior and Organization 8 (1987): 13-38.
8. Dugger, William. "Transaction Cost Economics and the State." In Transaction Costs, Markets and Hierarchies, edited by C. Pitelis, 188-216. Oxford: Blackwell, 1993.
9. _. "Sovereignty in Transaction Cost Economics: John R. Commons and Oliver E. Williamson." Journal of Economic Issues 30, no. 2 (June 1996a): 427-32.
10. _. "A Review of Oliver E. Williamson: The Mechanisms of Governance." Journal of Economic Issues 30, no. 4 (December 1996b): 1212-16.
11. Foss, Nicolai. "Firms, Incomplete Contracts and Organizational Learning." DRUID Working Paper no. 96-2, 1996.
12. Fourie, Frederick. "In the Beginning There Were Markets?" In Transaction Costs, Markets and Hierarchies, edited by C. Pitelis, 41-65. Oxford: Blackwell, 1993.
13. Groenewegen, John, and Jack Vromen. "A Case for Theoretical Pluralism." In Transaction Cost Economics and Beyond, edited by J. Groenewegen, 365-80. Boston: Kluwer Academic Publishers, 1996.
14. Hodgson, Geoffrey. Economics and Institutions: A Manifesto for a Modern Institutional Economics. Cambridge: Polity Press. 1988.
15. _. "Transaction Costs and the Evolution of the Firm." In Transaction Costs, Markets and Hierarchies, edited by C. Pitelis, 77-100. Oxford: Blackwell, 1993.
16. _. "Corporate Culture and the Nature of the Firm." In Transaction Cost Economics and Beyond, edited by J. Groenewegen, 249-70. Boston: Kluwer Academic Publishers, 1996.
17. _. "Competence and Contract in the Theory of the Firm." Journal of Economic Behavior & Organization 35 (1998a): 179-201.
18. _. "The Approach of Institutional Economics." Journal of Economic Literature 36 (March 1998b): 166-92.
19. Jacoby, Sanford. "The New Institutionalism: What Can It Learn from the Old?" Industrial Relations 29, no. 2 (Spring 1990): 316-59.
20. Klein, Philip. "Power and Economic Performance: The Institutionalist View." Journal of Economic Issues 21, no. 3 (September 1987): 1341-77.
21. Knoedler, Janet. "Transaction Cost Theories of Business Enterprise from Williamson and Veblen: Convergence, Divergence, and Some Evidence." Journal of Economic Issues 29, no. 2 (June 1995): 385-95.
22. Marginson, Paul. "Power and Efficiency in the Firm: Understanding the Employment Relationship." In Transaction Costs, Markets and Hierarchies, edited by C. Pitelis, 133-65. Oxford: Blackwell, 1993.
23. McClintock, Brent. "Institutional Transaction Analysis." Journal of Economic Issues 21, no. 2 (June 1987): 673-81.
24. Ménard, Claude. "Inside the Black Box: The Variety of Hierarchical Forms." In Transaction Cost Economics and Beyond, edited by J. Groenewegen, 149-70. Boston: Kluwer Academic Publishers, 1996.
25. Miller, Edythe. "The Economic Imagination and Public Policy: Orthodoxy Discovers the Corporation." Journal of Economic Issues 21, no. 4 (December 1993): 1041-58.
26. Moschandreas, Maria. "The Role of Opportunism in Transaction Cost Economics." Journal of Economic Issues 31, no. 1 (March 1997): 39-58.
27. Noorderhaven, Niels. "Opportunism and Trust in Transaction Cost Economics." In Transaction Cost Economics and Beyond, edited by J. Groenewegen, 105-128. Boston: Kluwer Academic Publishers, 1996.
28. Pitelis, Christos. "Transaction Costs, Markets and Hierarchies: The Issues." In Transaction Costs, Markets and Hierarchies, edited by C. Pitelis, 7-19. Oxford: Blackwell, 1993.
29. Pratten, Stephen. "The Nature of Transaction Cost Economics." Journal of Economic Issues 31, no. 3 (September 1997): 781-804.
30. Ramstad, Yngve. "Transaction." In The Elgar Companion to Institutional and Evolutionary Economics, vol. 2, edited by G. M. Hodgson, W. J. Samuels, and M. R. Tool, 330-4. Hants: Edward Elgar, 1994.
31. _. "Is a Transaction a Transaction?" Journal of Economic Issues 30, no. 2 (June 1996): 413-25.
32. Rutherford, Malcolm. Institutions in Economics: The Old and the New Institutionalism. New York: Cambridge University Press, 1996.
33. Samuels, Warren. "The Present State of Institutional Economics." Cambridge Journal of Economics 19 (1995): 569-90.
34. Schwartz, Hugh. Rationality Gone Awry? Decision Making Inconsistent with Economic and Financial Theory. Westport, Conn., and London: Praeger, 1998.
35. Selznick, Philip. "Institutionalism 'Old' and 'New'." Administrative Science Quarterly 41 (1996): 270-77.
36. Simon, Herbert. Administrative Behavior. New York: Macmillan, 1957.
37. _. "Organizations and Markets." Journal of Economic Perspectives 5, no. 2 (1991): 25-44.
38. Williamson, Oliver. Markets and Hierarchies: Analysis and Antitrust Implications. New York: Free Press, 1975.
39. _. The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting. New York: Free Press, 1985.
40. _. "Hierarchies, Markets and Power in the Economy: An Economic Perspective." Industrial and Corporate Change 4, no. 1 (1995): 21-49.
41. _. The Mechanisms of Governance. New York: Oxford University Press, 1996.