Name
Abstract | ||
|---|---|---|
Transaction cost theory has often been used to supp ort to support the idea that information and communication technology (ICT) can reduce imperfection in the economic system. Electronic markets and hierarchies have repeatedly been described as solutions to inefficiencies in the organisation of transactions in complex and uncertain settings. Far from criticising this assumption, this paper highlights the limits associ ated with this application of transaction cost theory that has been prevalent in IS research. Buil ding on the concepts first proposed by Ciborra, the paper argues that information-related problems represent only some of the elements contributing to transaction costs. These costs also emerge due to the interdependencies among the various factors contributing to their growth. T he study of the consequences associated with ICT design and implementation, grounded in transaction cost theory, should therefore consider the overall implication ICT has on these interdepen dences and not only the direct effect it has on on information flow, distribution, and management. |
Year | DOI | Venue |
|---|---|---|
2006 | 10.1057/palgrave.jit.2000066 | JIT |
Keywords | Field | DocType |
information system,accounting information systems,information security,information management system,strategic information systems,information systems technology,management information systems,health information systems,information systems management,computer information systems,information flow,soft system methodology,information technology,management science,information and communication technology,economic system,information science,jit,transaction cost theory,business model,transaction cost,information management,computer information technology,geographic information systems,business information systems | Information system,Management information systems,Information management,Transaction cost,Computer science,Information technology,Knowledge management,Search cost,Information market,Strategic information system,Management science | Journal |
Volume | Issue | ISSN |
21 | 3 | 1466-4437 |
Citations | PageRank | References |
21 | 1.56 | 14 |
Authors | ||
1 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Antonio Cordella | 1 | 300 | 22.89 |