Category
Williamson
1 article

Why the Orchard Never Gets Planted
Oliver Williamson: asset specificity, the fundamental transformation, the hold-up. The real cost of opacity is not in the disputes — it is in the orchards that are missing.
Category
1 article

Oliver Williamson: asset specificity, the fundamental transformation, the hold-up. The real cost of opacity is not in the disputes — it is in the orchards that are missing.