Accession Number : ADA118139

Title :   Internal Production versus External Exchange - A Proposal for an Empirical Test of the Transaction Cost Model.

Descriptive Note : Interim technical rept.,

Corporate Author : CALIFORNIA UNIV LOS ANGELES GRADUATE SCHOOL OF MANAGEMENT

Personal Author(s) : Krickx,Guido

PDF Url : ADA118139

Report Date : Apr 1982

Pagination or Media Count : 71

Abstract : In this paper a theoretical model is proposed, that allows investigation of why certain organizations manufacture goods internally, while other organizations seek to get supply from other companies. The transaction cost model elaborated here, explains how the characteristics of the production or exchange requirements affect this choice. A number of hypotheses are derived out of this model and an approach to empirically test these hypotheses is proposed and elaborated. (Author)

Descriptors :   *Industrial production, *Marketing, *Cost models, *Economic analysis, Manufacturing, Commodities, Supplies, Internal, Exchange, External, Acquisition, Motivation, Industries, Decision making, Efficiency, Cost analysis, Hypotheses

Subject Categories : Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE