3 ms·
> As the transactional cost of coordinating between firms falls To be pedantic, it has to fall faster than the transactional cost of coordinating within a firm
by nileshtrivedi 13y ago
> As the transactional cost of coordinating between firms falls
To be pedantic, it has to fall faster than the transactional cost of coordinating within a firm. Your point stands though.
- jacques_chester 13y agoThanks, you're right. I smooshed two different costs into an aggregate when they ought to be considered independently as well.