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...

The research presented in the paper allowed author not only to fully recognize correctness of production processes, but also determine relations between factors and volumes (productivity factor relations). Based on adopted analytical assumptions general conditions farming processes agriculture, analyzes factors, i.e., essence techniques. is very complex, thus focuses some areas issue, such as: ...

this paper gives an overview of the difficulties associated with the design of hard rock pillars in south african mines. recent examples of large scale pillar collapses in south africa suggest that these were caused by weak partings which traversed the pillars. currently two different methods are used to determine the strength of pillars, namely, empirical equations derived from back analyses o...