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13 - Asset Ownership and Externalities

from Part IV - Empirical Tests

Published online by Cambridge University Press:  03 November 2016

Birger Wernerfelt
Affiliation:
Massachusetts Institute of Technology
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Chapter
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Adaptation, Specialization, and the Theory of the Firm
Foundations of the Resource-Based View
, pp. 229 - 250
Publisher: Cambridge University Press
Print publication year: 2016

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References

Baker, George P., and Hubbard, Thomas, “Make vs. Buy in Trucking: Asset Ownership, Job Design, and Information,” American Economic Review, 93, no. 3, 551–72, 2003.CrossRefGoogle Scholar
Chamberlain, G., “Analysis of Covariance with Qualitative Data,” Review of Economic Studies, 47, 225–38, 1980.Google Scholar
Grossman, Sanford, and Hart, Oliver D., “The Costs and Benefits of Ownership,” Journal of Political Economy, 97, no. 4, 691719, August, 1986.Google Scholar
Hart, Oliver D., Firms, Contracts, and Financial Structure, Oxford: Oxford University Press, 1995.Google Scholar
Hart, Oliver D., and Moore, John, “Property Rights and the Nature of the Firm,” Journal of Political Economy, 98, no. 6, 1119–58, December, 1990.Google Scholar
Holmstrom, Bengt, and Milgrom, Paul, “The Firm as an Incentive System,” American Economic Review, 84, no. 4, 972–91, September, 1990.Google Scholar
Wernerfelt, Birger, “On the Nature and Scope of the Firm: An Adjustment-Cost Theory,” Journal of Business, 70, no. 4, 489514, October, 1997.Google Scholar
Wernerfelt, Birger, “Why Should the Boss Own the Assets?Journal of Economics and Management Strategy, 11, no. 3, 473–85, 2002.Google Scholar
Williamson, Oliver E., “Transaction-cost Economics: The Governance of Contractual Relations,” Journal of Law and Economics, 22, no. 4, 223–61, October, 1979.Google Scholar

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