Theories of Economic Organization: The Case for Realism and Balance
回应了对作者先前文章“对实践有害：交易成本理论批判”的批评，指出市场与产业组织具有截然不同的动态，管理者不能仅凭交易成本经济学来运营企业，并试图提供一种现实且平衡的组织行为观。
The article reports on the economic theory of industrial organization. The authors focus on responding to a criticism of their article “Bad for Practice: A Critique of Transaction Cost Theory.” They go on to suggest that markets and industrial organizations feature a vastly different set of dynamics. It is suggested that managers cannot run business enterprises or corporations based on transactional cost economics (TCE) because that particular theory is meant to decipher market situations. The authors endeavor to provide a realistic and balanced view of organizational behavior.