...Xiaoshu Bei; Will Mitchell This paper uses transaction cost economics and property rights theory to explain how different kinds of labor market frictions may affect firms’ choices among different governance modes of resource acquisition. This paper considers two important dimensions of labor market...

...: the firm’s strategic decision is its level of quality. This in turn constrains (or guides) several subsequent governance decisions, all of which impact customer decisions. Digital platforms governance strategy information economics transaction cost economics information privacy disinformation...