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The Nature of the Firm PRIMARY_TEXT retrieval pending

Economica · no page hash: the reader saw a rendering, not the bytes · created seq 10460

Link: https://faculty.washington.edu/mfan/is582/articles/Coase1937.pdf · read at 2026-09-28T22:27:00Z · held by reference: only the link, the quoted excerpts with their hashes, and the page hash when the reader had the bytes are stored

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QUOTE {}The main reason why it is profitable to establish a firm would seem to be that there is a cost of using the price mechanism. ... The costs of negotiating and concluding a separate contract for each exchange transaction which takes place ...

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