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In this paper, after an elucidation of several central concepts of the topic, the author focuses on the sales channels in tourism and clarifies the role retailers play in the market. He shows that the existence of institutional travel retailers is generally based on transaction costs, and that...
Persistent link: https://www.econbiz.de/10015035565
Affordable housing has become an important issue with the greatest need being in urban centres. Currently, an increase in urban population growth is higher than the supply of affordable housing, and this has resulted in a severe shortage of affordable housing as house builders are unable to...
Persistent link: https://www.econbiz.de/10014965086
Describes an overview of a substantial body of theory, whose importance lies in the concept, not the detail. States one of the bugbears of joint ventures is the worry that a partner may have a hidden agenda. Posits many alliances are formed to gain access to specific assets, but access is...
Persistent link: https://www.econbiz.de/10015017942
The Coase theorem has been shrouded in ambiguity and confusion throughout its life, this despite the prominent role that it plays in economic and legal analysis. As this paper demonstrates, this is no less true of the path by which Coase came to the result that bears his name. Drawing on...
Persistent link: https://www.econbiz.de/10015045468
Persistent link: https://www.econbiz.de/10014544068