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Publications → Macroeconomic Policy

Transaction Cost Economics: Basic Concepts and Extensions

This report analyses two different mechanisms of coordination: the mechanism of free choice (the market coordination mechanism) and the mechanism of central planning.

Link http://ies.fsv.cuni.cz/st…/publication/120_wp17.pdf
Author Sylvester van Koten
Date 2001
Institute Institute of Economic Studies
Tags mechanism, coordination, free, choice, central, planning
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