forwarded from Rakesh on transaction costs

2003-07-22 Thread Michael Perelman
- 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
E-Mail [EMAIL PROTECTED]


Re: forwarded from Rakesh on transaction costs

2003-07-22 Thread Eubulides
- Original Message -
From: Michael Perelman [EMAIL PROTECTED]



 - Forwarded message from Rakesh Bhandari
[EMAIL PROTECTED] -

 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


==

An even more interesting critique of -Langlois as well as- Coase and
Williamson is William Lazonick's *excellent* Business Organization and
the Myth of the Market Economy. If I recall, Langlois did a book review
of WL.

Ian