Perspective Chapter: Reexamining Coase’s Transaction Costs Paradigm in the Context of Blockchain Technology and Smart Contracts
<p id="p1">This paper introduces blockchain-based smart contracts and Decentralized Autonomous Organizations (DAOs) as compelling alternatives to conventional corporate structures. Coase’s pioneering work in the 1930s posited that the decision to organize transactions within a firm hinges on w...
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| Format: | Book Chapter |
| Language: | English |
| Published: |
IntechOpen
2024
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| Online Access: | https://www.intechopen.com/chapters/1183018 |
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