Excerpt from Interorganizational Effectiveness, Efficiency and Network Structure, Vol. 1: August, 1982 Empirical studies of transaction costs have typically been carried out in the private sector (williamson 1976; Teece However, Williamson's definition of a transaction does not characterize adequately the relationships between non - profit organizations, such as those studied here. In addition to exchanging goods and services, non-profit firms frequently enter into planning arrangements (warren, Rose and Bergunder, 197a; ...
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Excerpt from Interorganizational Effectiveness, Efficiency and Network Structure, Vol. 1: August, 1982 Empirical studies of transaction costs have typically been carried out in the private sector (williamson 1976; Teece However, Williamson's definition of a transaction does not characterize adequately the relationships between non - profit organizations, such as those studied here. In addition to exchanging goods and services, non-profit firms frequently enter into planning arrangements (warren, Rose and Bergunder, 197a; Litwak and Hylton, which are generally forbidden to private-sector firms. Furthermore, transaction costs between non-profit firms are difficult to assess because the economic measures by which alternative governance structures can be compared (see Williamson Ouchi, 1980, p. 35) are vague. The framework of transaction cost analysis must be modified, therefore, before it can be applied to non - profit interorganizational relations. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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