This article constructs a theory of the location of transactions and the boundaries of firms in a productive system. It proposes that systems of production can

Our goal in this paper is to explain the location of transactions (and contracts) in a system of production. Systems of production are engineered systems, and w

The goal in this paper is to explain the location of transactions (and contracts) in a larger system of production. We first characterize the system as a networ

Our goal in this paper is to explain the location of transactions (and contracts) in a system of production. Systems of production are engineered systems, and w

Our goal in this paper is to explain the location of transactions (and contracts) in a larger system of production. We first characterize the system as a networ