Praxeology and the firm: a contribution to the Austrian redefinition of the economic organization problem
The aim of this paper is to syntetize theory of entrepreneurship of the Austrian School of economics with the contractual theory of the firm. Transaction cost theory of Ronald Coase and his followers holds that the firm is the organization with dominant component of ordering, while market is defined...
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| Format: | Article |
| Language: | English |
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Faculty of Economics, Belgrade
2006-01-01
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| Series: | Ekonomski Anali |
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| Online Access: | http://www.doiserbia.nb.rs/img/doi/0013-3264/2006/0013-32640669143J.pdf |