• 국제학술발표논문집
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• The 4th International Conference on Construction Engineering and Project Management Organized by the University of New South Wales
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• pp.132-141
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• 2011

Australia has joined many governments to adopt public-private partnership (PPP) as a major strategy for procuring infrastructure for decades. However, failures have occurred although the market has been considered to be a mature and sophisticated one. Failures have typically been traced back to inappropriate economic evaluation and a lack of value-for-money. In particular, a literature review has identified that there was no holistic consideration on the evaluation of procurement transactions of PPP projects. The transaction costs of PPPs were not handled properly. In this paper, theories of transaction cost economics are proposed for the purpose of such a holistic institutional economic evaluation. These theories are analysed in order to identify potential critical success factors for a strategic infrastructure procurement framework. The potential critical success factors are identified and grouped into a number of categories that match the theories of transaction cost economics. These categories include (1) Asset Specificity, (2) Organizational Capability, (3) Transaction Frequency, (4) Behavioural Uncertainty, and (5) Environmental Uncertainty. These potential critical success factors may be subject to an empirical test in the future. The proposed framework will offer decision makers with an insight into project life cycle economic outcomes needed to successfully deliver PPPs.

• 아태비즈니스연구
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• 제12권3호
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• pp.87-99
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• 2021

Purpose - In this study, I attempt to clarify three theories of firm boundaries (vertical integration): the principal-agent theory, transaction cost theory, and property rights theory. Although these theories have been widely cited and much discussed, it has been found that understanding the commonalities and distinctions of these seemingly familiar theories is difficult. Design/methodology/approach - I present the three theories about the decisions that firms make concerning their boundaries. Then, I compare elemental versions of the theories of the firm. Findings - Comparing the ingredients of the elemental property rights and principal-agent theories shows that they provide a unified account of the costs and benefits of vertical integration. However, the property rights theory in no sense formalizes the transaction cost theory. Research implications or Originality - Clarifying the three theories of the firm can help to construct empirical models and interpret its results.

• Asia pacific journal of information systems
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• 제6권1호
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• pp.195-222
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• 1996

Faced with the challenge of reducing costs and improving competitive position, firms have recognized outsourcing as an important information systems (IS) strategic option. It has not been understood clearly what determines IS outsourcing. Based on the IS literature and transaction cost economics, cost efficiency related factors were identified, and a questionnaire survey was conducted. The results based on 181 responses from the bank executives in U.S. revealed that vendor production cost advantage and transaction risk are significant predictors of degree of outsourcing and outsourcing preference for data processing services. Insufficiency of IS funds and information technology uncertainty were found to be not only positively associated with vendor production cost advantage, but also directly associated with outsourcing preference and degree of outsourcing. Firm size is, however, not significantly related to vendor production cost advantge and IS outsourcing.

• 한국경영과학회지
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• 제36권1호
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• pp.1-11
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• 2011

This article examines the impact of electronic commerce on environmental welfare. In particular, we analyze a game model of price competition between offline and online firms when consumption taxes are imposed on both offline and online transactions that produce environmental pollution. We investigate the properties of optimal taxation between offline and online markets and demonstrate that there is an optimal difference between the two taxes, depending upon not only the transaction cost between offline and online consumption, but also the environmental damage cost. We also investigate the effect of tax-free online transactions on tax revenues, and the financial feasibility of the optimal taxation.

• 노동경제논집
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• 제29권1호
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• pp.75-98
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• 2006

본 논문은 다양한 비정형 근로계약 선택의 결정요인이 무엇인가를 거래비용 이론에 의거하여 제시하고 있다. 풀타임 상용고의 정형근로를 조직내거래, 비정형근로를 시장거래 내지 시장거래와 조직내거래 중간의 다양한 영역이라고 볼 때, 시장거래비용의 크기와 종류에 따라 정형큰로 및 비정형근로의 유형이 선택될 것이다. 스킬의 기업특수성, 스킬의 수준, 직무수행의 범위 및 불확실성, 근로계약 기간 등 4가지 조건에 따라 해당 근로계약의 거래비용이 결정되며, 이에 따라 적합한 근로계약이 선택되는 과정으로 모형을 제시하고 있다. 결국 직종의 성격에 따라 정규직과 비정규직의 유형이 결정되는 현상, 즉 직종간 분리된 근로계약의 선택으로 귀결되며, 이는 비정규고용의 업종 및 기간 제한, 임금차별 규제 등의 법적 보호장치가 실제적으로는 큰 효과가 없을 수 있다는 사실을 시사하고 있다.

• 디지털융복합연구
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• 제11권4호
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• pp.109-119
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• 2013

본 논문은 e-비즈니스에 따른 거래비용의 변화를 파악하고, 이를 바탕으로 한 적용분야로 에너지 및 환경 문제, 그리고 글로컬 전략에 대한 개념적인 측면을 경제학적 관점에서 살펴보았다. 먼저, 오프라인 거래와 온라인 거래 간에 발생하는 경제적 비용의 차이를 고려하여 두 채널간의 거래비용을 서로 다른 세 가지 경제학적 관점에서 비교함으로써 소비자와 판매자간에 발생하는 거래비용의 상충관계를 적시하였다. 둘째, 지속가능성의 관점에서 에너지 및 환경사업에 영향을 미치는 e-비즈니스의 역할을 파악하기 위해 물류시스템, 제품설계 프로세스, 그리고 에너지 절감에 대한 고려사항을 검토하였다. 이를 통해 e-비즈니스가 에너지 및 물류시스템의 효율성을 최적화하는 과정에서 저탄소 환경문제에 장단기적으로 다른 영향을 미칠 것으로 분석하였다. 마지막으로 글로벌 시대의 기회와 도전에 있어서 e-비즈니스에 의한 글로컬 전략을 네트워크 경제학의 관점에서 고찰하였다. 특히, e-비즈니스가 글로벌 시장으로 진출하는 지렛대로서의 역할을 최대화할 수 있도록 사업자간 네트워크의 통합, 사회문화적 환경을 고려한 지역화 및 현지화 전략, 그리고 표준화에 따른 세계적인 법적 기준의 주도적 설정 등이 중요한 글로벌 경영전략이 될 수 있다. 향후 e-비즈니스 성장모델은 거래비용의 관점에서 이러한 경제적 효과들의 상충관계를 조정할 수 있도록 지속가능한 형태로 진화되어야 할 것이다.

• 한국유기농업학회지
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• 제19권4호
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• pp.435-461
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• 2011

This study was conducted field surveys and theoretical discussion whether small farmers thinks there are economics of scope in small organically grown cropslivestock farming cycling system. The discussions are summarized as follows. At the end of October 2011, the cycling agriculture farms are only a total of 15 farmers, 0.1% of total organic farms in Korea. The FMD disease, FTA, family farm structure, the importance of animal health and welfare, agricultural cycles, when considering the valuation of the multifunctionality, alternative agriculture is small farming cycling system. Organic agriculture is a 'cooperation-cycling-family farm' in the interaction it is important to understand. The two groups were surveyed. Group 1 is 6 farmers who practicing cycling farming system, and Group 2 is the 33 farmers who wish to cycling farming system. Interview survey and the survey results was obtained as follows. First, We find that there are strong economies of scope, due to a decreased costs have increased net profit. Second, the multifunctional values is realized also cycling farming system. Third, but some certification standards leads to high transaction cost. Thus, a small family farm who wishing to target organic livestock certification standards need to improve.

• 자원ㆍ환경경제연구
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• 제21권1호
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• pp.27-67
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• 2012

본 논문에서는 배출권거래제도 도입 초기에 거래비용의 존재가 시장의 가격과 거래량에 미치는 영향을 분석하였으며, 그 영향의 크기가 시장의 제도적 여건에 따라 어떻게 상이한지를 분석하였다. 특히 초기 시장의 상황을 시뮬레이션 하기 위한 방법론으로서, 시장의 초기 상황을 고려한 몇 가지 행태적 가정에 입각하여 거래상대방을 찾아서 거래가 발생하는 축차적 과정을 모형화한 거래 규칙을 구축하였다. 또한 잘 형성되어 있는 시장을 대표하는 중앙집중적인 거래소의 경쟁균형 값과 비교하였다. 모의실험 결괴는 다음과 같다. 거래비용의 추가는 거래비용이 없는 경우에 비하여 거래량의 감소를 가져왔다. 또한 거래비용의 추가는 거래비용이 높을수록, 그리고 거래비용에 존재하는 규모의 경제의 정도가 높을수록 거래량의 급격한 감소를 가져왔다. 규모의 경제가 존재할 경우 거래비용이 일정 수준을 넘으면 거래가 아예 발생하지 않는 명백한 경향이 존재함을 보여주었다. 규모의 경제의 크기가 클 것으로 예상되는 배출권시장 도입 초기에는 배출권거래가 잘 작동하지 않을 개연성이 있다. 따라서 거래량의 크기를 증대시키고 단위당 거래비용을 낮추어주는 인위적인 조치들이 필요하다. 이러한 조건을 만족시키는 대안 중의 하나가 중앙집중화된 거래소를 설립하고 거래량을 증가시키기 위한 여러 조치를 취하는 것이다.

• 인터넷정보학회논문지
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• 제18권6호
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• pp.127-136
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• 2017

The strategy that using data collection from Netflix uses for its services is different from traditional human interaction and the communication, and it is represented by the systematic algorithm that rooted from intelligent information system based on the human interaction and communication. These characteristics allowed the study to reflect the influence of 'Asset specificity' which affects the continuous consumption of the media services of Netflix users through economic psychological analysis based on transactional cost economics. The result from the survey on actual Netflix users, three types of specificity (Space specificity, time specificity, relational specificity) reduced perceived searching cost whereas perceived instrumentality has increased, eventually reinforces the commitment to the service. This implies that the service characteristics of Netflix, trying to communicate with the individuals based on intelligent information system are distinct from the existing platform services and it gives the significance of work very effective for user's continuous consumption of the media services.

• 융합경영연구
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• 제6권3호
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• pp.10-13
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• 2018

Purpose - On the basis of discussing the network economy concept and the commentary of the marginal revenue decreasing of traditional economic theory, The concept of network economy has just been put forward in recent years. The reason why such a concept appears is that the information technology, marked by computer network, plays an increasingly important role in economic activities. Some people define network economy as an economic form based on network technology and human capital. this paper points out network economy existing the marginal revenue increasing and analyzes the reasons that influencing the marginal revenue increasing. Research design, data, methodology - The network economy has fundamentally changed the traditional economic laws. The economic basis of industrial society is the law of incremental marginal cost, which reflects the socialization of high cost in industrial society. Results - As the number of network members increases, the value of the network increases explosively, and the value increases attract more members to join, resulting in more returns. Conclusion - In conclusion, network economy has changed many aspects of traditional economy, resulting in decreasing marginal cost, decreasing transaction cost in and out of enterprise organizations, and making the effect of increasing scale compensation more prominent. This is of great significance to the information construction in China.