• Publications
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Production, Information Costs, and Economic Organization
This publication contains reprint articles for which IEEE does not hold copyright. Full text is not available on IEEE Xplore for these articles.
Uncertainty, Evolution, and Economic Theory
  • A. Alchian
  • Economics
    Journal of Political Economy
  • 1 June 1950
A modification of economic analysis to incorporate incomplete information and uncertain foresight as axioms is suggested here. This approach dispenses with “profit maximization”; and it does not rely
Vertical Integration, Appropriable Rents, and the Competitive Contracting Process
The potential of post-contractural apportunistic behavior for improving market efficiency through intrafirm rather than interfirm transactions is examined under the assumption that vertical costs
The Property Right Paradigm
Economics textbooks invariably describe the important economic choices that all societies must make by the following three questions: What goods are to be produced? How are these goods to be
On a Correct Measure of Inflation
Two commonly cited and newsworthy price indices are the Bureau of Labor Statistic's Consumer Price Index and the Commerce Department's GNP deflator. These indices have become an important part of our
The Firm Is Dead; Long Live the Firm A Review of Oliver E. Williamson s The Economic Institutions of Capitalism*
Adding styrene and acrylonitrile and/or methylmethacrylate to an aqueous emulsifier system comprising a redox polymerization catalyst and an emulsified polyorganosiloxane having a molecular weight of