Foundational Literature · 1937
Questions of This Material
Why do organizations process tasks internally that could be transacted at a price?
Bibliographic Information
- Title
- The Nature of the Firm
- Author
- R. H. Coase
- Year of Publication
- 1937
- Publisher/Medium
- Economica 4(16), 386–405
- Material Type
- Foundational literature
- Full Text and Bibliography
- Check Full Text and Bibliographic Information
Korean Reading Guide
Compare the costs of market transactions with the coordination costs within a firm. Apply the question explaining the existence of firms to platforms, contractual relationships, and organizational boundaries, examining the actual costs in each context separately.