How does the resource-dependence view of power differ from the market-imperfections perspective of transactions-costs economics?

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Economics of Strategy

ISBN: 978-1118319185

6th edition

Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer

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Question Posted: Sep 13, 2017 12:55 AM

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How does the resource-dependence view of power differ from the market-imperfections perspective of transactions-costs economics?

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The resourcedependence view as expressed by Pfeiffer maintains that power develops because there are resources controlled by a certain party an indivi...View the full answer

Economics of Strategy

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