The objective of this paper is to characterize the production of roses at the region of Barbacena and to identify its transactionattributes, that is, asset specificity, transaction frequency, and uncertainty. The research is based on the theoretical framework of theNew Institutions Economy which...

The theoretical framework developed by the Transaction Costs Economics has been used by several authors to improve theproduction system different actors’ relationships comprehension. However, Transaction Costs Theory application in agri-industrialSystems have been infrequently treated in...

The principal-agent model can be more often employed as a conceptual framework for studies in the fields of economics and finance. This article presents real examples in which this theoretical model fits well. It is admitted that the complexity of this type of model can be a barrier to its use....