Changes
Jump to navigation
Jump to search
Williamson (1979) - Transaction Cost Economics (view source)
Revision as of 19:44, 11 June 2010
, 19:44, 11 June 2010→Vocabulary
Opportunism - is what we would now call rational (selfish) utility or profit maximization.
Veridical - truthful (used in the context of differentiating between multiple truthful outcomes in Williamson)
==General Concensus on Transaction Costs==