Various barriers for the uptake of energy-efficiency measures in the domestic sector have been identified. Projects try to quantify the effect of individual barriers like transaction costs, information lack, access to technologies or convenience. We propose to use the ‘consumer choice chain’ as a wider framework to understand energy-efficiency choices by domestic consumers. This allows comparis...

i am going to assess shortcomings of transaction cost economics (tce) of oliver williamson. my argument is that this analysis suffers from misidentification of the relevant problem of the theory, analytical incoherence, inconsistent empirical support and methodological defects. in formulating coase's fundamental idea, williamson accepts an efficient equilibrium which occurs once forever, t...

their preferences on those product dimensions. Since a single commodity market is made up of many heterogeneous goods that are close to each other but different in grade, quality and delivery conditions, preference satisfaction plays an important role in improving trade matches. In cotton markets, for instance, a cotton merchant may want to specify his preferences like " I prefer early delivery...

In real-time systems it is of paramount importance that time constraints of tasks are enforced. A tremendous amount of research has been carried out on scheduling problems associated with such systems, primarily focusing on priority assignment policies in non-overloaded systems. While static real-time systems, by definition, do not suffer from overloads, they offer limited or no flexibility and...

The previous installments of this series discussed several facets of evaluating a Service Level Agreement (SLA). In [Wil10b], we examined the variation of the response times across transaction types. This was a notional analysis since the data were designed specifically to illustrate the points. In [Wil10a], we looked at the variation in average response time due to the load. The different type...

A signi cant body of literature is available on distributed transaction commit protocols. Surprisingly, however, the relative merits of these protocols have not been studied with respect to their quantitative impact on transaction processing performance. In this report, using a detailed simulation model of a distributed database system, we pro le the transaction throughput performance of a repr...

Transaction cost economics is an economizing theory of organization, not an economizing theory of strategy. This paper proposes an extension that makes transaction cost economics (TCE) an economizing theory of strategy. In essence, the paper asserts that unbiased weighing of production costs, transaction costs, and demand shifts links the organization of individual transactions to the strategy ...

Constructing scalable high-performance applications on commodity hardware running the Unix operating system is a problem that must be addressed in several application domains. We relate our experience in achieving transaction scaleup on Unix for a high-performance OLTP system intended for Service Control Points (SCPs) in a telephone switching network. We view the requirements of SCPs as prototy...

This study presents an organizational capability (OC) and transaction cost (TC) explanation for the franchisors’ choice between single-unit and multi-unit franchising. The OC-perspective regards the firm as a bundle of resources which are transformed into organizational capabilities through interactive firmspecific processes, in order to create competitive advantage. According to the OC-view, m...

In this article, we apply transaction cost theory (TCT) and institutional theory to the realm of IS outsourcing. TCT posits that firm’s outsourcing governance is influenced by transaction cost factors, namely, bounded rationality, opportunism, and risk. Institutional theory, on the other hand, has been advocated to explain non-choice behavior of organizations in the context of competitors, norm...