The Interaction of Uncertainty and Asset Specificity in Component Make-or-Buy

Language: English

Published by Forgotten Books, 2018

1332266010 / 9781332266012

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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.…

Seller Inventory # 9781332266012_0

Title
The Interaction of Uncertainty and Asset Specificity in Component Make-or-Buy
Author
Gordon Walker, David Weber
Publisher
Forgotten Books
Publication year
2018
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1332266010
ISBN 13
9781332266012
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Forgotten Books

London, United Kingdom

5-star seller

AbeBooks seller since June 2, 2021

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Store description

Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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FB &c Ltd

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Forgotten Books publishes hundreds of thousands of rare and classic books.

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.

This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.

The digital edition of all books may be viewed before purchase if you request a sample.