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This article, essentially theoretical, emphasizes three mechanisms that govern economic transactions: price, authority and trust. In contrast to the strands that comprise the market and hierarchy as organizational forms diametrically opposed or as an evolutionary process, this paper postulates that price, authority, and also trust, can be analyzed as structures that can be combined and capable of producing a variety of different administrative forms. This article stresses the importance ofdoi:10.6084/m9.figshare.6207662.v1 fatcat:siv4wzw6gvdmzgmk3v3rffezvy