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- W1581875666 abstract "Ambiguities are identified in HALLWOOD's [1994] explanation of the existence of the multinational firm. Hallwood argues that internalization theory contains two critical implicit assumptions. The first of these is non-existent, and the second has been presented in a potentially misleading way. By appearing to draw a clear distinction between measurement costs and transaction costs, Hallwood obscures the important issue of information asymmetry and search costs in final product markets." @default.
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- W1581875666 title "The transaction cost theory of the (multinational) firm : a note" @default.
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- W1581875666 doi "https://doi.org/10.2307/40752022" @default.
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