A Transactions Cost Economics (TCE) Approach to Optimal Contract Type
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Authors
Franck, Raymond
Melese, Francois
Dillard, John
Subjects
Transaction Cost Economics (TCE)
Advisors
Date of Issue
2006-04-01
Date
01-Apr-06
Publisher
Language
Abstract
This study examines defense acquisition through the new lens of Transaction Cost Economics (TCE). TCE is an emergent field in economics that has multiple applications to defense acquisition practices. TCE''s original focus was to guide ''make-or-buy?'' decisions that define the boundaries of a firm. This study reviews insights afforded by TCE that impact government outsourcing (''buy'' decisions), paying special attention to defense procurement.
Type
Report
Description
Proceedings Paper (for Acquisition Research Program)
Series/Report No
Department
Financial Management
NPS Faculty
Identifiers
NPS Report Number
NPS-FM-06-074
Sponsors
Naval Postgraduate School Acquisition Research Program
Funder
Format
Citation
Distribution Statement
Approved for public release; distribution is unlimited.