The Scope of Financial Institutions: In-Sourcing, Outsourcing, and Off-Shoring.
Based on the seminal paper by Ronald Coase and subsequent work by Oliver Williamson, Oliver Hart and others, explanations for the existence of firms typically hinge upon the advantages of internal coordination over the purchase of market services. In recent years, the standard theory of the integrat...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
| Published: |
School of Geography and Environment (University of Oxford)
2012
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