English  |  正體中文  |  简体中文  |  Items with full text/Total items : 54367/62174 (87%)
Visitors : 14158225      Online Users : 52
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTHU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    National Tsing Hua University Institutional Repository > 科技管理學院  > 經濟學系 > 期刊論文 >  The Boundaries of the Firms as Information Barriers


    Please use this identifier to cite or link to this item: http://nthur.lib.nthu.edu.tw/dspace/handle/987654321/45217


    Title: The Boundaries of the Firms as Information Barriers
    Authors: Eric S. Chou
    教師: 周嗣文
    Date: 2007
    Publisher: RAND
    Relation: Rand Journal of Economics,RAND,Volume 38,Issue 3,2007,Pages 1-14
    Keywords: Boundaries
    Information Barriers
    Abstract: Most existing theories of the …rms de…ne a …rm as a collection of physical assets, and hence can not explain the …rm from a human-asset perspective, which is of particular importance for understanding human-capital intensive …rms. To …ll in the gap, this paper proposes an alternative de…nition –a …rm is a group of people who work in a very close way so that outsiders cannot clearly distinguish one group member from another. By this de…nition, the boundaries of the …rm matter because they can alter investment speci…city and hence alleviate or aggravate the hold-up problem. Speci…cally, when there is substantial investment externalities integration is more e¢ cient, and conversely separation is more e¢ cient when investment externalities are small. This result is obtained under both Nash and alternating-o¤er bargaining. The e¤ect of ‘relational contracts’(Baker, Gibbons and Murphy [1]) is also examined to show that the newly de…ned organization structures matter even when relational contracts can be signed.
    URI: http://repec.org/esNASM04/up.30053.1075442322.pdf
    http://www.rand.org/
    http://nthur.lib.nthu.edu.tw/dspace/handle/987654321/45217
    Appears in Collections:[經濟學系] 期刊論文

    Files in This Item:

    File Description SizeFormat
    2070215010002.pdf171KbAdobe PDF526View/Open


    在NTHUR中所有的資料項目都受到原著作權保護,僅提供學術研究及教育使用,敬請尊重著作權人之權益。若須利用於商業或營利,請先取得著作權人授權。
    若發現本網站收錄之內容有侵害著作權人權益之情事,請權利人通知本網站管理者(smluo@lib.nthu.edu.tw),管理者將立即採取移除該內容等補救措施。

    SFX Query

    與系統管理員聯絡

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback