This study investigates whether factors within transaction cost economics such as information asymmetry influence inter-firm relationships. The research proposes that when factors such as high levels of information sharing is present; firms are more likely to engage in more complex relationships...

Risk reduction and transaction costs are often used to explain contracting in the U.S. hog industry with little empirical support. Using a unified conceptual framework that draws from risk behavior and transaction cost theories, in combination with unique survey and accounting data, we...

Studies of hog industry structure often invoke risk reduction and transaction costs explanations for empirical observations but fail to directly examine the core concepts of risk behavior and transaction costs theories. Using a more unified conceptual framework and unique survey and accounting...