Asset specificity and contractual relations: Analysis of a construction case study
The purpose of this paper is to describe mechanism included in construction contracts that have the purpose of reducing transaction costs. Contractual solutions are analyzed focusing, in particular, on asset specificity and bounded rationality. A public works contract case is used as empirical evide...
| Main Authors: | , |
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| Format: | Online |
| Language: | spa |
| Published: |
Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba.
2011
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| Subjects: | |
| Online Access: | https://revistas.unc.edu.ar/index.php/REyE/article/view/6508 |
| _version_ | 1806646897918607360 |
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| author | Dutto, Martín Gallacher, Marcos |
| author_facet | Dutto, Martín Gallacher, Marcos |
| author_sort | Dutto, Martín |
| collection | Portal de Revistas |
| description | The purpose of this paper is to describe mechanism included in construction contracts that have the purpose of reducing transaction costs. Contractual solutions are analyzed focusing, in particular, on asset specificity and bounded rationality. A public works contract case is used as empirical evidence of the theoretical concepts. |
| format | Online |
| id | oai:ojs.revistas.unc.edu.ar:article-6508 |
| institution | Universidad Nacional de Cordoba |
| language | spa |
| publishDate | 2011 |
| publisher | Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba. |
| record_format | ojs |
| spelling | oai:ojs.revistas.unc.edu.ar:article-65082022-04-06T19:38:27Z Asset specificity and contractual relations: Analysis of a construction case study Especificidad de activos y relaciones contractuales: Análisis de un caso de construcción de obra Dutto, Martín Gallacher, Marcos firm behavior business economics D23 M20 comportamiento organizacional economía de empresa D23 M20 The purpose of this paper is to describe mechanism included in construction contracts that have the purpose of reducing transaction costs. Contractual solutions are analyzed focusing, in particular, on asset specificity and bounded rationality. A public works contract case is used as empirical evidence of the theoretical concepts. El objetivo de este trabajo es describir mecanismos incorporados en los contratos de construcción de obras que sirven para disminuir los costos de transacción. Se analizan las soluciones a los problemas contractuales propios de esta actividad, en particular a aquellos originados en la especificidad de los activos y en la racionalidad limitada. Los conceptos teóricos empleados se utilizan para comprender la lógica económica de un caso real de contratación de obra pública. Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba. 2011-06-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://revistas.unc.edu.ar/index.php/REyE/article/view/6508 Revista de Economía y Estadística; Vol. 49 No. 1 (2011); 33-49 Revista de Economía y Estadística; Vol. 49 Núm. 1 (2011); 33-49 2451-7321 0034-8066 10.55444/2451.7321.2011.v49.n1 spa https://revistas.unc.edu.ar/index.php/REyE/article/view/6508/7593 Derechos de autor 2011 Martín Dutto, Marcos Gallacher http://creativecommons.org/licenses/by-nc-nd/4.0 |
| spellingShingle | firm behavior business economics D23 M20 comportamiento organizacional economía de empresa D23 M20 Dutto, Martín Gallacher, Marcos Asset specificity and contractual relations: Analysis of a construction case study |
| title | Asset specificity and contractual relations: Analysis of a construction case study |
| title_alt | Especificidad de activos y relaciones contractuales: Análisis de un caso de construcción de obra |
| title_full | Asset specificity and contractual relations: Analysis of a construction case study |
| title_fullStr | Asset specificity and contractual relations: Analysis of a construction case study |
| title_full_unstemmed | Asset specificity and contractual relations: Analysis of a construction case study |
| title_short | Asset specificity and contractual relations: Analysis of a construction case study |
| title_sort | asset specificity and contractual relations analysis of a construction case study |
| topic | firm behavior business economics D23 M20 comportamiento organizacional economía de empresa D23 M20 |
| topic_facet | firm behavior business economics D23 M20 comportamiento organizacional economía de empresa D23 M20 |
| url | https://revistas.unc.edu.ar/index.php/REyE/article/view/6508 |
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