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The Interaction of Uncertainty and Asset Specificity in Component Make-Or-Buy Decisions (Classic Reprint) - Softcover
Synopsis
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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Product Description
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.
About the Author
Professor and Chairman of the Strategy and Entrepreneurship Department at the Edwin L. Cox School of Business at Southern Methodist University. He received his BA from Yale University and an MBA and PhD from the Wharton School, University of Pennsylvania. Dr. Walker has previously taught at the Sloan School, MIT; at the Wharton School, University of Pennsylvania; and at Yale University. The author of numerous articles, he is on the editorial boards of Administrative Science Quarterly and Strategic Organization. He has received several grants from the National Science Foundation.
David Weber is a science fiction phenomenon. His popular Honor Harrington and Honorverse novels including "Mission of Honor", "At All Costs", and "Torch of Freedom" are "New York Times" bestsellers and can't come out fast enough for his devoted readers. He is also the author of the Safehold series, including "Off Armageddon Reef", "By Schism Rent Asunder", "By Heresies Distressed" and "A Mighty Fortress". His other top-selling science fiction novels include "Out of the Dark", the Dahak books and the Multiverse books, written with Linda Evans. He has also created an epic SF adventure series in collaboration with John Ringo, including "We Few". His novels have regularly been Main Selections of the Science Fiction Book Club. Weber has a bachelor s degree from Warren Wilson College, and attended graduate school in history at Appalachian State University. He lives in South Carolina.
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The Interaction of Uncertainty and Asset Specificity in Component Make-or-Buy
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Paperback. Condition: New. Print on Demand. This book examines the ways in which uncertainty and the uniqueness of an asset combine to influence the decision to make or buy a certain component. The study is based on the transaction cost framework, a model that emphasizes how the efficiency of transactions can be affected by factors such as opportunism and information processing capacity. The author argues that high levels of uncertainty and asset specificity can lead to higher transaction costs, and that this can influence the decision to make or buy a component. The book provides evidence to support this hypothesis, showing that the interaction of uncertainty and asset specificity is a significant determinant of make-or-buy decisions. The book's findings have implications for understanding the economics of organization, and for making more efficient decisions about the allocation of resources. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781332266012_0
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The Interaction of Uncertainty and Asset Specificity in Component Make-Or-Buy Decisions (Classic Reprint)
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332266012
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The Interaction of Uncertainty and Asset Specificity in Component Make-Or-Buy Decisions (Classic Reprint)
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332266012
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