Transaction Cost Economics (TCE)

Transaction cost economics adopts a contractual approach to the study of economic organizations. TCE is best thought of as accounting for all the costs of a deal or contract, both the obvious and hidden costs. Oliver Williamson is a pioneer is the study of TCE and won a Nobel Prize in 2009 for his research and thought leadership of TCE.


Prokuria logo

Tel: +40 371 066 786

Răsuri, No 8, 2nd District, Bucharest, Romania​