Roles of Al Agents in the Context of “The Nature of the Firm”

Reducing Transaction Costs in Markets AI agents can automate and optimize many key processes that traditionally required significant effort and resources, such as: Search Costs: Al can efficiently find suppliers, customers, or partners by analyzing vast data sets and matching needs in real­ time. Negotiation Costs: Al-powered negotiation systems (e.g., autonomous smart contracts) can streamline

By , |2025-03-26T20:07:49+00:00March 5th, 2025|Categories: Network Effects, Transaction Cost, WaaS Design, Workforce As A Service|0 Comments
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Economic Result of an Ecosystem Combining Key Economic Themes

Building an ecosystem that integrates Ronald Coase's theory on transaction costs, asset-based consulting, and organic organizational design can lead to significant beneficial economic outcomes. Here’s a structured analysis: WaaS Theoretical Foundations Ronald Coase's Theory on Transaction Costs: Concept: Transaction costs are the inherent costs incurred in making an economic exchange. Implication: Reducing these costs

By |2025-03-26T20:08:55+00:00February 19th, 2025|Categories: Asset Based Services, Organizational Design, Transaction Cost|0 Comments
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