People Contacts with Shadow Icon
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The homogeneous market it would consist of set Independent economic agents also would bear the excessive Burden in connection with it microtransactions, because everyone The following, the smallest advancement of a product on Technological chain would mean its transition from hands of one Commodity producer in hands of other commodity producer. Each such transition would be accompanied by negotiations about the price, Measurements of the changes made in a product, separate Estimation of contributions of co-operating factors, measures on To legal protection of the transaction. Transaktsionnye costs would be Are so enormous that the division of labour would be completely It is blocked. Each manufacturer would prefer to conduct Subsistence economy (where the full would take a place Vertical integration). Differently, it would threaten Disappearance of the market. The economic organisations facilitate cooperation Specialised resources - in it their main function with
The answer to dearness of market coordination.
Treatment of firm as a network of contracts, naturally,
Brings to a question on a configuration of the property rights in it.
As contracts an essence channels on which bunches are passed
Competences to establish distribution of the property rights
In the organisation means to define characteristic for it
Transaction costs, its administrative structure inherent
To it system of stimulus and probable behaviour of its members.
The network of contracts called by firm (irrespective of it
Concrete appearances), it is allocated in jobs of theorists of the rights
Properties following characteristics:
1. It represents a coalition of owners co-operating
The factors of manufacture connected among themselves by a network
2. The kernel of this coalition forms the long-term
(Interdependent) resources. If value of a resource does not depend
From destiny and behaviour of a coalition, it both out of, and in it
It will be paid equally. Such resource is called as the general.
If value of a resource in a coalition above, than out of it, the such
The resource will be called specific 15.
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