Transaction cost concepts have been deployed in information systems to analyze the impact of information technology on the organization of economic activity in markets and hierarchies. It has been widely observed that there is a general trend toward markets. It has also been observed that the...

Mobile operators have made massive investments in spectrum and infrastructure to provide mobile broadband content services on ‘mobile Internet’. Faced with considerable uncertainty regarding market growth, technology options and regulatory policies, the introduction of broadband services...

While the conditions of production give some guidance to what factor groupings are desirable ceteris paribus, they do not determine the boundaries of a neoclassical firm (a legal entity with a residual claimant). Indeed, they could just as well be related to other groupings, such as geographical...