Transaction Cost Economics - Publications - Faculty & Research

Student-Profile

Rowan Clarke

Rowan Clarke (he/him) began his academic career at the University of Cape Town in South Africa, where he earned both a bachelor’s and master’s in economics. While working on the latter degree, he started to win research grants and connected with Innovations for Poverty... View Details

01 Jun 2009
News

Setting the Legislative Agenda

assume trillions of dollars in liabilities spent to try to repair a broken system. The costs of regulatory failure and the urgency of regulatory reform could not be clearer.” Related Links Too Big To Fail View Details

Keywords: Administration of Economic Programs; Administration of Economic Programs; Administration of Economic Programs; Administration of Economic Programs

Web

Leadership Execution and Action Planning (LEAP) - Course Catalog

stumble when tasked with closing the gap between a desired end-state and executing an action plan. LEAP is designed to give students pattern recognition and practice in developing action plans across a variety of challenges they are likely to face immediately after... View Details

01 Dec 2013
News

Curing Health Care

Prescriptions: Free the Data! Build a Killer App Measure Health Care's Real Costs Make Medicine Personal Leverage Human Nature Integrate Preventive Care and Payment BUSH: A passionate advocate for improving health care efficiency and... View Details

Keywords: Ambulatory Health Care Services; Health, Social Assistance; Management; Colleges, Universities, and Professional Schools; Educational Services

07 Sep 2011
First Look

First Look: Sept. 7

reveals major opportunities for health care providers and third-party payers to transform the economics of delivering health care. We illustrate multiple ways for providers to drive costs out of the system... View Details

Keywords: Sean Silverthorne

25 Feb 2020
Research & Ideas

For Migrant Workers, Homesickness Can Reduce Productivity

Freedom to use vacation time to attend celebrations with family and friends helps improve performance for employees who work far away from their hometowns, new research by Prithwiraj Choudhury suggests. When employees move away from their hometowns for work, they... View Details

Keywords: by Kristen Senz

fall 1995
Article

Standard Setting Consortia, Antitrust, and High-Technology Industries

By: James J. Anton and Dennis A. Yao

Examines the antitrust treatment of private-sector standard setting in the U.S. Applicability of law and decision-making issues in high technology industries; Examination of cost-based facilitating theory; Approach to evaluate the reasonableness of a standard. View Details

Keywords: Private Sector; Information Technology; Law; Decision Making; Cost; Theory; Performance Evaluation; Standards; United States

Citation

Find at Harvard

16 Sep 2008
First Look

First Look: September 16, 2008

Minimizing Joint Gains: An Ethical Dilemma? Authors:Stephen M. Garcia, Max H. Bazerman, and Dale T. Miller Abstract People prefer maximizing joint gains (e.g., self gets $600 / counterpart gets $800) instead of receiving lower amounts (e.g., self and other each get... View Details

Web

Financials | Annual Report 2024

particularly noteworthy considering the challenges that confronted Harvard Business School and other academic institutions this year, from an economic landscape marked by higher operating costs to an... View Details

27 Mar 2007
First Look

First Look: March 27, 2007

PublicationsAttracting Skeptical Buyers: Negotiating for Intellectual Property Rights Authors:James J. Anton and Dennis A. Yao Periodical:International Economic Review (forthcoming) Abstract An obstacle to the sale of intellectual... View Details

Keywords: Martha Lagace

October 2014
Case

Honeywell and the Great Recession (A)

By: Sandra J. Sucher and Susan J. Winterberg

CEO Dave Cote spent six years turning around an ailing Honeywell and in 2008 Cote and his team face a new challenge: how to respond to the Great Recession. Cote does not want to give up the gains he made in transforming and unifying Honeywell. With a fall-off in... View Details

Keywords: Layoffs; Furloughs; Downsizing; Work Sharing; Short Time Work; Recessions; Earnings Forecast; Job Cuts and Outsourcing; Cost Management; Executive Compensation; Crisis Management; Financial Crisis; Manufacturing Industry

Citation

Educators

Purchase

20 Apr 2009
Research & Ideas

Misgovernance at the World Bank

capital, shareholder losses, and, in the extreme, financial crises—at the end of the day the investors by their nature have some tolerance for risk. "In an aid organization, however, the costs of misgovernance are borne not by the... View Details

Keywords: by Martha Lagace

26 Apr 2011
Op-Ed

HBS Faculty Comment on Environmental Issues for Earth Day

Earth Day focuses the world's attention on the both the dangers and opportunities facing the planet. But sustainability and the intersection between business and the environment are issues that need to be addressed all the time, as cities grow, resources diminish, and... View Details

Keywords: by Staff; Energy; Utilities

22 Jul 2002
Research & Ideas

How Business Strategy Tamed the “Invisible Hand”

devised, which paved the way for the use of quantitative analysis in formal strategic planning. In 1944, John von Neumann and Oskar Morgenstern published their classic work, The Theory of Games and Economic Behavior. This work essentially... View Details

Keywords: by Pankaj Ghemawat

01 Jan 2002
News

Orin C. Smith (MBA '67)

transaction card. Smith cites the growing role of business in society and the complexities of globalization and environmental concerns as significant developments since his days at HBS. Today's students need a broader education that... View Details

05 Oct 2015
Research & Ideas

What Companies Should Not Do in the Next Banking Crisis

question in a new paper, titled Survive Another Day: Using Changes in the Composition of Investments to Measure the Cost of Credit Constraints (forthcoming in the Review of Economics and Statistics). “Firms... View Details

Keywords: by Michael Blanding; Banking

05 Feb 2019
First Look

New Research and Ideas, February 5, 2019

treating platform systems and step processes as mutually exclusive architectures sets up a false dichotomy. Creating any good requires carrying out a technical recipe, i.e., performing a series of steps. Step processes in turn can be modularized (at the View Details

Keywords: Dina Gerdeman

03 Aug 2020
News

A Clean Start

could combine electricity and carbon dioxide and also be worth more than what it cost to make. After four months of weighing alternatives, he settled on formic acid: a commodity chemical and energy-rich electrofuel, or carbon-neutral... View Details

Keywords: Maureen Harmon

01 Jun 2017
News

Case Study: Something New

attach the word ‘bridal,’ it makes it cost 5 to 10 times more,” says Leslie Voorhees (MBA 2015), who founded Anomalie with her now husband, Calley Means (MBA 2015). “It’s offensive to a woman who understands how things are manufactured.”... View Details

Keywords: April White

23 Apr 2013
First Look

First Look: April 23

financial crisis of 2008 laid bare the hidden network of relationships in corporate governance: who owes what to whom, who will stand by whom in times of crisis, what governs the provision of credit when no one seems to have credit. This book maps the influence of... View Details