Elio Ferrato

Inter-organizational Relationship and Hold-up in the Automotive Sector: a Study Under the Economics of Transaction Costs Theory Elio Ferrato

Inter-organizational Relationship and Hold-up. Most transactions may present some costs that can be high or low depending on the knowledge you have over the goods or service you are transacting, the person or company you are dealing with, and the institutional environment you are doing the business. This book may lead you to face up transactions, in general, in a different way you were doing so far, saving and making a lot of money either to your own pocket or to your company's cash flow based on the Economics of Transaction Costs theory, whose dimensions cover three biases: assets specificity, frequency and uncertainty. Key-words: Economics of Transaction Costs, Inter- organizational relationship, Hold-up, Contract, Automotive sector, Governance Structure Models: Vertical Integration, Market, and Hybrid.