<html><body><p>The presumption that an extant mode is <a href="https://quotes.tuteehub.com/tag/efficient-3961" style="font-weight:bold;" target="_blank" title="Click to read more quotes about EFFICIENT">EFFICIENT</a> if the expected net gain is negative can nevertheless be rebutted by <a href="https://quotes.tuteehub.com/tag/showing-5158" style="font-weight:bold;" target="_blank" title="Click to read more quotes about SHOWING">SHOWING</a> that the <a href="https://quotes.tuteehub.com/tag/obstacles-553" style="font-weight:bold;" target="_blank" title="Click to read more quotes about OBSTACLES">OBSTACLES</a> to implementing an otherwise <a href="https://quotes.tuteehub.com/tag/superior-1124" style="font-weight:bold;" target="_blank" title="Click to read more quotes about SUPERIOR">SUPERIOR</a> feasible alternative are 'unfair.'</p></body></html>

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The presumption that an extant mode is EFFICIENT if the expected net gain is negative can nevertheless be rebutted by SHOWING that the OBSTACLES to implementing an otherwise SUPERIOR feasible alternative are 'unfair.'

Author - Oliver E. Williamson Subject - Graduation

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The presumption that an extant mode is EFFICIENT if the expected net gain is negative can nevertheless be rebutted by SHOWING that the OBSTACLES to implementing an otherwise SUPERIOR feasible alternative are 'unfair.'

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The presumption that an extant mode is EFFICIENT if the expected net gain is negative can nevertheless be rebutted by SHOWING that the OBSTACLES to implementing an otherwise SUPERIOR feasible alternative are 'unfair.'

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