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The Interaction of Uncertainty and Asset Specificity in Component Make-or-Buy Decisions (Classic Reprint) - Tapa blanda

Walker, Gordon

 
9781332266012: The Interaction of Uncertainty and Asset Specificity in Component Make-or-Buy Decisions (Classic Reprint)

Sinopsis

Excerpt from The Interaction of Uncertainty and Asset Specificity in Component Make-or-Buy Decisions

Stage assembly components in a division of a major US automobile manufacturer. By specifying two types of uncertainty - volume and technological, and controlling for production costs, we find evidence to support his hypothesis. However, the results show that volume and technological uncertainty are managed differently by the division; the implications of this finding for Williamson's theory is discussed.

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Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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Reseña del editor

Excerpt from The Interaction of Uncertainty and Asset Specificity in Component Make-or-Buy Decisions

Stage assembly components in a division of a major US automobile manufacturer. By specifying two types of uncertainty - volume and technological, and controlling for production costs, we find evidence to support his hypothesis. However, the results show that volume and technological uncertainty are managed differently by the division; the implications of this finding for Williamson's theory is discussed.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Reseña del editor

Excerpt from The Interaction of Uncertainty and Asset Specificity in Component Make-or-Buy Decisions

In this paper we test Williamson's proposition, based on his transaction cost framework, that the interaction of uncertainty and asset specificity is a determinant on make-or-buy decisions. The test was performed on 60 first stage assembly components in a division of a major US automobile manufacturer. By specifying two types of uncertainty-volume and technological, and controlling for production costs, we find evidence to support his hypothesis. However, the results show that volume and technological uncertainty are managed differently by the division; the implications of this finding for Williamson's theory is discussed.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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