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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 15194

Link: https://faculty.washington.edu/mfan/is582/articles/Coase1937.pdf · read at 2026-09-29T00:10:10Z · 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. ... A firm will tend to expand until the costs of organising an extra transaction within the firm become equal t...

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