Transaction costs and trade between multinational corporations

Hallwood, Paul.

Transaction costs and trade between multinational corporations a study of offshore oil production / [electronic resource] : C. Paul Hallwood. - Abingdon, Oxon : Routledge, 2013. - xviii, 202 p. : ill. - Routledge library editions. International business ; v. 18 .

First published in 1990 by Unwin Hyman.

Includes bibliographical references (p. [185]-194) and index.

1. Introduction -- 2. Measurement costs, auctions and the process of price formation -- 3. Vertical disintegration -- 4. The offshore oil supply industry -- 5. The multinational offshore oil supply industry : the theoretical aspect -- 6. The offshore oil supply industry in its main British service base -- 7. Legal and customary practices in the offshore oil supply industry markets -- 8. Bid-prices, rent distribution and adjustment in the long run -- 9. Measurement costs and optimization of the number of invited tender-bidders -- 10. The buyers as market-makers -- 11. Host countries and the international offshore oil supply industry : problems of entry and exit -- 12. Conclusions : on choosing a market in the offshore oil-gathering business.




Mode of access: World Wide Web.

9780203077764 (e-book : PDF)


Offshore oil industry.
Transaction costs.


Electronic books.