From the perfect competition to the Coasian Nature of the Firm.

Date

2015-12

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Coadvisor

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EDIS - Publishing Institution of the University of Zilina
Language
English

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Abstract

The Coasian Nature of the Firm merges neoclassical and institutional economics approaches, by applying the marginal analysis to decision-making processes of the company, with consequences on their structure and size. This paper aims at drawing the evolution of economic theory from perfect competition model to the Coasian Nature of the Firm, in order to explain the main influences that shaped one of the Transaction Cost Economics underpinnings.

Keywords

Nature of firm, Ronald Coase, Neoclassical theory, Perfect competition

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conferenceObject

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Citation

Carvalho, S. (2015). From the perfect competition to the Coasian Nature of the Firm. In 3rd Virtual Multidisciplinary Conference (pp. 208-210). QUAESTI, 3 (1) December. EDIS - Publishing Institution of the University of Zilina. DOI:10.18638/quaesti.2015.3.1.250.

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Open Access

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