Gibbons.2005.Four formal(izable) theories of the firm.Journal of Economic Behavior & OrganizationVol. 58 (2005) 200–245
ssrn 2004: SSRN-id596864
(2) a “property-rights” theory, which can be discerned in formal modelsby Grossman and Hart (1986), Hart and Moore (1990), and Hart (1995);
Grossman, S., Hart, O., 1986. The costs and benefits of ownership: a theory of vertical and lateral integration.Journal of Political Economy 94, 691–719.
Hart, O., Moore, J., 1990. Property rights and the nature of the firm. Journal of Political Economy 98, 1119–1158.
Hart, O., 1995. Firms, Contracts, and Financial Structure. Clarendon Press, Oxford.
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