Transaction Cost Economics - Publications - Faculty & Research

03 May 2010
Research & Ideas

What Is the Future of MBA Education?

“Rebalancing must occur." -Srikant Datar "Increasingly, we believe, business schools are at a crossroads and will have to take a hard look at their value propositions," the authors write in the introduction. "This was true before the View Details

Keywords: by Martha Lagace; Education

Research Summary

Overview

By: Ashley V. Whillans

Engaged with field work in East Africa, South Asia, and in several large hybrid organizations in the United States, Professor Whillans places a focus on exploring questions with strong theoretical motivation in the social psychological literature and relevant... View Details

16 Jul 2013
First Look

First Look: July 16

between bundling and indirect network effects, we find that they act as substitute strategies, with a lower relative effectiveness for bundling when network effects are stronger. 2013 pub From Social Control to Financial Economics: The Linked Ecologies of View Details

Keywords: Anna Secino

Research Summary

The Institutional Foundations of Lending: Indirect Regulation and State-Building

The Institutional Foundations of Lending: Indirect Regulation and State-Building makes two main theoretical contributions to the scholarship on credit markets and institutional development. First, the book demonstrates that opportunistic lenders can take... View Details

27 Feb 2020
Sharpening Your Skills

How Following Best Business Practices Can Improve Health Care

Business Should Support Employees Who Are Caregivers Shifting demographics are causing an increasing number of people to act as caregivers for family and friends—but employers seem hardly to notice the trend. The Economic View Details

Keywords: by Sean Silverthorne; Health; Medical Devices & Supplies

11 Feb 2015
Research & Ideas

Politicians Benefited From Using Toxic Loans

opting for the short-term benefits in spite of the risks?” "There is no doubt the transactions were very risky, as interest rates on these loans frequently exceeded 20 percent," says Boris Vallée, an assistant professor in the Finance... View Details

Keywords: by Carmen Nobel; Financial Services

March 2001 (Revised June 2002)
Background Note

E-Commerce in Latin America

By: Lynda M. Applegate, Luiz Felipe Monteiro and Meredith Collura

Examines the vast potential offered by e-commerce in Latin America. Addresses both B2B and B2C e-commerce, as well as the specific economic, cultural, and technological barriers for doing business online in the region. View Details

Keywords: Trade; Entrepreneurship; Market Transactions; Service Delivery; Online Technology; Latin America

Citation

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24 Jul 2014
Op-Ed

Reform Tax Law to Keep US Firms at Home

I am a Professor of Finance at Harvard Business School, a Professor of Law at Harvard Law School, and a Research Associate of the National Bureau of Economic Research. Recent merger transactions highlight... View Details

Keywords: by Mihir Desai; Pharmaceutical

16 Jan 2018
First Look

First Look at New Research and Ideas, January 16, 2018

candidates. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=53708 Transaction Costs and the Duration of Contracts By: MacKay, Alexander Abstract—The duration of a vertical... View Details

Keywords: Sean Silverthorne

Article

Priced and Unpriced Online Markets

By: Benjamin Edelman

With forces both supporting and opposing zero prices, typical Internet-related activities—like surfing the web, web searches, and e-mail, along with behind-the-scenes practices like domain names and the allocation of IP (Internet Protocol) addresses—present a natural... View Details

Keywords: Cost vs Benefits; Price; Market Transactions; Service Operations; Internet

Citation

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03 Sep 2020
Op-Ed

Why American Health Care Needs Its Own SEC

medicine. They do not know if they received good value for the money. Partially as a result of this lack of transparency, increases in employers’ health care costs have outstripped inflation and workers’ wage increases for decades.... View Details

Keywords: by Regina E. Herzlinger; Health

29 Aug 2024
Research & Ideas

Shoot for the Stars: What to Know About the Space Economy

A new space race—one fueled more by commercial conquest than intergalactic domination—is charting solutions to pressing problems in national security, climate change, and communication. With costs poised to drop and innovation on the... View Details

Keywords: by Kara Baskin; Aerospace

Fast Answer

Real Estate Prices by City

estate sectors, 275+ markets, and 3,000+ submarkets. Real Capital Analytics (RCA) Records over $40 trillion in commercial property transactions tied to 200,000+ investor and lender profiles, spanning diverse... View Details

08 Jan 2001
What Do You Think?

Have We Extended the Boundaries of the Firm Too Far?

quite high at the time, thus providing a justification for the vertical integration of large organizations) set limits on behaviors that we refer to today as partnering, the forming of alliances, and outsourcing. Transaction View Details

Keywords: by James Heskett

10 Jul 2000
Research & Ideas

IT Links for Boundaryless Companies

buyers and sellers. Often, they're people who would not have met if not for the Internet. The advantages of this are you can reduce transaction costs if you're buying and selling, particularly if you're... View Details

Keywords: by Kenneth Liss

12 Feb 2008
First Look

First Look: February 12, 2007

mutually agreed-upon transfers with compensation and are located within the task network. Placing a transaction in a particular location in turn requires work to define, count (or measure), and pay for the View Details

Keywords: Martha Lagace

02 Dec 2009
What Do You Think?

Should Immigration Policies Be More Welcoming to Low-Skilled Workers?

of cost shifting." J. Boxer points out that "there's a high cost to cheap labor, and that cost (free education, free health care, etc.) is passed on to the state and... View Details

Keywords: by Jim Heskett

22 Aug 2012
Research & Ideas

Advertising: It’s Not ‘Mad Men’ Anymore

money I spend on advertising is wasted; the trouble is I don't know which half.' " For the past several decades Silk has devoted himself to prying open the black box, understanding the economics underlying the work advertising agencies... View Details

Keywords: by Michael Blanding; Advertising

24 Oct 2024
Research & Ideas

Charting the US-China Trade War: What Does 'Made in Vietnam' Mean?

“microdata” from firms’ transactions suggests that a significant portion of the imported Chinese goods added value to Vietnam’s economy through new investments that resulted in jobs and increased production. These products weren’t merely... View Details

Keywords: by Ana Elena Azpúrua; Manufacturing; Shipping

24 May 2010
Research & Ideas

Stimulus Surprise: Companies Retrench When Government Spends

and capacity utilization is high. But we suspect that a third and potentially quite strong effect is the uncertainty that is created by government involvement. Q: These findings present something of a dilemma for public policymakers who believe that federal spending... View Details

Keywords: by Sean Silverthorne

Publications