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- W1489272145 abstract "This paper uses data rather than costs as unit of analysis to answer questions raised by Luigi Zingales (2000) searching for foundations in The Theory of Firm. Any co-ordination between individuals requires communication of data to share information, knowledge and wisdom. Individuals have physiological and neurological limits in transacting data that can be measured in bytes. Transaction Byte Analysis creates a framework for subsuming transaction costs when costs represent a proxy for information. The paper posits that network firms exist and are sustained in the new economy by their ability to economize bytes transacted by individuals." @default.
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- W1489272145 date "2001-01-01" @default.
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- W1489272145 title "Grounding the Theory of a Firm in the Natural Sciences" @default.
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- W1489272145 doi "https://doi.org/10.2139/ssrn.283785" @default.
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