Williamson's trade model

GPTKB entity

Properties (52)
Predicate Object
gptkbp:instanceOf economic model
gptkbp:addresses the limits of markets
gptkbp:analyzes the efficiency of different governance structures
the role of trust in transactions
gptkbp:appliesTo organizational economics
gptkbp:associated_with the concept of bounded rationality
gptkbp:basedOn the concept of opportunism
gptkbp:evaluates business environments
contractual_arrangements
gptkbp:has_a_focus_on transaction cost economics
gptkbp:has_implications_for mergers and acquisitions
gptkbp:highlights the importance of transaction costs
https://www.w3.org/2000/01/rdf-schema#label Williamson's trade model
gptkbp:influence regulatory economics
gptkbp:influences policy making
gptkbp:is_a_model_for explains firm organization
understanding governance structures
gptkbp:is_a_platform_for policy analysis
transaction cost analysis
evaluating economic efficiency
understanding economic transactions
new_institutional_economics
gptkbp:is_a_subject_of academic debate
business economics
business theory
gptkbp:is_a_tool_for analyzing economic relationships
gptkbp:is_essential_for strategic management
the study of economics
gptkbp:is_linked_to the analysis of contracts
gptkbp:is_referenced_in economic textbooks
gptkbp:is_studied_in case studies
gptkbp:is_used_in business strategy
economists
economic research
academic literature
graduate programs
firm behavior
business courses
economic journals
the behavior of firms in markets
gptkbp:produces gptkb:Oliver_E._Williamson
gptkbp:provides vertical integration
gptkbp:related_to entrepreneurship
public policy
supply chain management
labor economics
contract theory
the theory of the firm
gptkbp:relatedTo market transactions and hierarchical transactions
Coase's_theorem
gptkbp:suitableFor international trade
economic forecasting