„Business firms, in which controlled cooperation takes place, are the first important implication of costly transactions. The laissez-faire filtering process, using the profit test, selects some of these business organizations for survival and rejects others.“

Fonte: Economic, Political, and Legal Dimensions of Competition. 1980, p. 25

Harold Demsetz photo
Harold Demsetz7
American economist 1930 - 2019

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