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Measurement Cost Theory (MCT) and Transaction Cost Economics (TCE) are both theoretical frameworks applied to the studyof economic transactions. In the MCT, the attributes’ measurability is a key variable for identifying efficient modes of governance.The application of MCT to agri systems...
Persistent link: https://www.econbiz.de/10009446933
Measurement Cost Theory (MCT) and Transaction Cost Economics (TCE) are both theoretical frameworks applied to the study of economic transactions. In the MCT, the attributes’ measurability is a key variable for identifying efficient modes of governance. The application of MCT to agri...
Persistent link: https://www.econbiz.de/10008508833