Visible Hands: Governance of Value Creation-Within Firms and Beyond
Economic transactions can be divided into (1) those that are priced versus (2) those that are governed by visible hands, and within the latter (2a) those within a single organization versus (2b) those in nonintegrated settings. Nonintegration is not always "the market" [i.e., (1)]. The con...
Main Author: | Gibbons, Robert S. (Author) |
---|---|
Other Authors: | Sloan School of Management (Contributor) |
Format: | Article |
Language: | English |
Published: |
American Economic Association,
2021-03-30T14:31:17Z.
|
Subjects: | |
Online Access: | Get fulltext |
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