In this paper, the author introduces the theory and method of transaction cost economics to identify the essence of e-commerce model by explicating its core objective and function. From the ...

This paper examines whether a competitive model of the firm appropriately describes the behavior of hospitals in a non-market environment. This test is based on the best database yet available in the ...

Ticketmaster's CEO made waves with a recent comment that event tickets are underpriced. Economics 101 backs him up. So why do ticket prices seem so out of control?