Les coûts de transaction

The transaction cost theory is one of the economic theories most often discussed in the literature. It challenges the market as an optimal mode of adjustement, by contrasting the structures of markets and of firms. The founding father of this theory was R. Coase, the first to show that the market entails cost. He concluded that in certain situations the choice of the firm reduced these costs. O. Williamson characterized these situations and proposed a list of factors explaining the choice between market and firm. The author considers the operative nature of this analysis grid, particularly for evaluating the impact of the use of new information technologies on modes of organization

Coase theorem · Database transaction · Economics · Grid · Industrial organization · Microeconomics · Theory of the firm · Transaction cost · Welfare economics · Business Strategy and Innovation · Computer Science · Mathematics