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- Publisher
- Emerald Publishing
- Copyright
- Copyright © Emerald Group Publishing Limited
- ISSN
- 0144-3585
- DOI
- 10.1108/01443589210027284
- Publisher site
- See Article on Publisher Site
Abstract
Samplesurvey information is used to assess aspects of thepredictive competence of the transactioncost paradigm. The extent ofvertical disintegration by oil companies in offshore oil gathering isshown to be consistent with the revealed efficacy of the markets inintermediate goods and services. Market efficacy is assessed in relationto oil company perceptions of and other information relating to thesemarkets.
Journal
Journal of Economic Studies – Emerald Publishing
Published: Mar 1, 1992