Hockmann, Heinrich; Brosig, Stephan; Popp, Jozsef; … - 2005
unique opportunity has attracted economists, particularlythose interested in institutional economics, to conduct research on … firms co-ordinate business with each other through long-term contractualagreements rather than by relying on spot markets … to anoptimal outcome. HOBBS describes factors that impede investment and growthby drawing on transaction cost economics …