 | Oliver E. Williamson, Sidney G. Winter - 1993 - 260 pages
...details to be decided later. So far what I said still seems to me to be correct. But I conclude: "When the direction of resources (within the limits of the...dependent on the buyer in this way, that relationship that I term a 'firm' may be obtained." I would prefer now to say, as I did in my notes made in the... | |
 | Peter J. Buckley, Jonathan Michie - 1996 - 498 pages
...supplier is expected to do is not stated in the contract but is decided later by the purchaser. When the direction of resources (within the limits of the...relationship which I term a 'firm' may be obtained. A firm is likely therefore to emerge in those cases where a very short term contract would be unsatisfactory.... | |
 | Louis Putterman, Randy Kroszner - 1996 - 404 pages
...supplier is expected to do are not stated in the contract but are decided later by the purchaser. When the direction of resources (within the limits of the...way, that relationship which I term a "firm" may be obtained.2i A firm is likely therefore to emerge in those cases where a very short-term contract would... | |
 | Steven G. Medema - 1997 - 298 pages
...supplier is expected to do is not stated in the contract but is decided later by the purchaser. When the direction of resources (within the limits of the...which I term a "firm" may be obtained. (Coase, 1937, pp. 391-392.) A close reading of this passage suggests that Coase's explanation for the emergence of... | |
 | Nicolai J. Foss - 1997 - 404 pages
...supplier is expected to do is not stated in the contract but is decided later by the purchaser. When the direction of resources (within the limits of the...which I term a 'firm' may be obtained. (Coase. 1937, pp. 391-392.) 8. In fact, however. Smith also saw the division of labor as leading to systemic innovations:... | |
 | Jenny Bourne Wahl - 1998 - 400 pages
...supplier is expected to do is not stated in the contract but is decided later by the purchaser. When the direction of resources (within the limits of the...way, that relationship which I term a " firm " may he obrained.1 A firm is likely therefore to emerge in those cases where a very short term contract... | |
 | Nicolai J. Foss - 2000 - 488 pages
...supplier is expected to do is not stated in the contract but is decided later by the purchaser. When the direction of resources (within the limits of the...which I term a "firm" may be obtained. (Coase 1937, pp. 391-2) A close reading of this passage suggests that Coase's explanation for the emergence of the... | |
 | Nicolai J. Foss - 2000 - 536 pages
...supplier is expected to do is not stated in the contract but is decided later by the purchaser. When the direction of resources (within the limits of the...relationship which I term a "firm" may be obtained (p. 336-337, italics in original). 1 8. By "postcontractually," we mean after the formation of the... | |
 | Nicolai J. Foss - 2000 - 344 pages
...supplier is expected to do is not stated in the contract but is decided later by the purchaser. When the direction of resources (within the limits of the...way, that relationship which I term a "firm" may be obtained.21 A firm is likely therefore to emerge in those cases where a very short term contract would... | |
 | Chun Wei Choo, Nick Bontis - 2002 - 772 pages
...supplier is expected to do is not stated in the contract but is decided later by the purchaser. When the direction of resources (within the limits of the...relationship which I term a "firm" may be obtained, (p. 336-337, italics in original) 18. By "postcontractually," we mean after the formation of the contract,... | |
| |
All that is stated in the contract is the limits to what the persons supplying the commodity or service is expected to do. The details of what the supplier is expected to do is not stated in the contract but is decided later by the purchaser. When the... 
