UID:
edocfu_9958373088902883
Format:
1 online resource (xiii, 382 p.) :
,
ill. (some col.)
ISBN:
9781781953587 (e-book)
Content:
Frank Tietze delivers an in-depth discussion of the impact of empirical results upon transaction cost theory, and in so doing, provides the means for better understanding technology transaction processes in general, and auctions in particular. Substantiating transaction cost theory with empirical auction data, the author goes on to explore how governance structures need to be designed for effective distributed innovation processes. He concludes that the auction mechanism is a viable transaction model, and illustrates that the auction design, as currently operated by market intermediaries, requires thorough adjustments. Various options for possible improvements are subsequently prescribed.
Note:
pt. 1. Setting the scene -- pt. 2. Technology transactions and auctions -- pt. 3. An empirical study of technology auctions.
Additional Edition:
ISBN 9781781000090 (hardback)
Language:
English
Keywords:
Electronic books.
URL:
https://www.elgaronline.com/view/9781781000090.xml
