A Transaction Cost Economics View of DoD Outsourcing
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Authors
Melese, Francois
Franck, Raymond
Subjects
Transaction Cost Economics (TCE)
Transactions Cost Economics (TCE)
Transactions Cost Economics (TCE)
Advisors
Date of Issue
2005-05-01
Date
01-May-05
Publisher
Language
Abstract
Many goods and services required for government operations can be provided through commercial markets. Public officials, therefore, face a number of ''make-or-buy'' decisions. Transactions Cost Economics (TCE) offers a useful foundation for characterizing ''make-or-buy'' decisions, which this paper explores. Our dual objective is to synthesize key principles of TCE and to apply TCE to federal outsourcing. One especially useful insight is that transaction costs vary widely, and depend in known ways upon the attributes of the outsourcing action. This means, among other things, that one size should not fit all in outsourcing decision processes.
Type
Report
Description
Proceedings Paper (for Acquisition Research Program)
Series/Report No
Department
Financial Management
NPS Faculty
Identifiers
NPS Report Number
NPS-FM-05-023
Sponsors
Naval Postgraduate School Acquisition Research Program
Funding
Format
Citation
Distribution Statement
Approved for public release; distribution is unlimited.