Revista OEconomica

Tudor Constantin BĂLAN - Cycles of Freedom: Are Our Rights Today Permanently Secured, or Are We in a Transitional Phase? The Cases of Great Britain, the United States, and Russia

Marius-Cristian PANĂ, Adela BĂLAN - Economic Freedom and Prosperity: A Comparative Analysis of Welfare Determinants at the International Level

Ana Octavia ALBU - When Accurate Forecasts Still Produce Waste: Demand Shocks and Over-Forecasting Risk in Food Retail

Adrian-Ioan DAMOC - The Persian Pivot and the Reconfiguration of Geopolitical Realism: Iran and Venezuela in Strategic Competition among the United States, China, and Russia

Emmanuel Olusegun STOBER - Coercive Diplomacy in the Gulf and the Limits of the Strike-Forward Strategy: Toward a Middle-Power Coalition for Regional Stability

Sorin-Nicolae CURCĂ - On the Informational Entropy of Economic Shock

Florin DĂNESCU - The Banking Sector as Critical Infrastructure in the Logic of Hybrid Conflict: Post-2014 Legislative Convergence in Central and Eastern Europe and the Case of Romania

Alexandru POPOVICI - The Contribution of the Music Industry to GDP and Employment: A Comparative Analysis

Mohammed AL-NASSERY - Implications of the War in the Middle East: An Analysis of the Economic, Security, Humanitarian, and Political Dimensions

Mihai LĂCĂTUŞ - GDP as a Means, Not an End: Inequality as the Missing Variable in Fiscal Policy Design – A 60-Country Analysis of Economic Growth and Subjective Well-Being

Articles on Issue Theme

Mihai-Vladimir TOPAN

Academia de Studii Economice din Bucureşti

After Ronald Coase, the theory of the firm has maintained in various forms the market/firm distinction. The majority of subsequent transaction cost based theories of the firm provide little more than a particular interpretation of transaction costs (as agency costs, opportunism, team costs, surveillance costs etc.). The concept becomes so broad as to amount to a rediscovery and reconceptualization of the traditional general concept of „cost”. In the present author’s opinion, Oliver E. Williamson’s main contributions fit into this description.

ŒCONOMICA no. 4/2009

Keywords: labour market, unemployment, emigration, transaction costs, markets, firms, hierarchies, new institutional economics, Oliver Williamson

Teoria firmei după Coase: perspectiva bazată pe costurile tranzacţionale (Oliver E. Williamson)

Select Issue: