THE IMPORTANCE OF BEING TRUSTED: TRANSACTION COSTS AND POLICY NETWORK THEORY

HINDMOOR, ANDREW

PUBLIC ADMINISTRATION, n.º 1/1998, pág. 25

1. Introduction. 2. The possibility of co-operation. 3. Transaction costs and the threat to co-operation. a) Complexity. b) Power asymmetries. c) Information asymmetries. d) Thinness. 4. Networks as a governance structure. 5. Conclusion: Explaining with networks. 6. Notes. 7. References.