----- Forwarded message from Rakesh Bhandari <[EMAIL PROTECTED]> -----

Date: Tue, 22 Jul 2003 11:24:03 -0700
From: Rakesh Bhandari <[EMAIL PROTECTED]>
To: Michael Perelman <[EMAIL PROTECTED]>
Subject: transaction costs

Hi Michael

Pen-l readers may be interested in this paper
http://www.econ.uconn.edu/working/1995-03.pdf

Richard Langlois on transaction costs, production costs and the passage of time

He also criticized Coasean economics for its static nature (if memory
serves) in this book:

Firms, markets, and economic change : a dynamic theory of business
institutions / Richard N. Langlois and Paul L. Robertson.
London ; New York : Routledge, 1995.


Yours, Rakesh
----- End forwarded message -----

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
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