The Governance of Services

The problem of assessing a system of governance for composite services in the social economy is approached by means of original methods.The main innovation is that the welfare structure of a society is separated from the legal transaction- or institutional structure.As both the various types of services and the various modes of management are defined in terms of relations between sets of persons, these structures can be compared and the performance of a managementsystem can be assessed.The dynamics of a wide range of hybrid forms of organization - between market and hierarchy - is analyzed in this framework. The approach elaborates on the new institutional economics, and the social theory of micromotives and macrobehavior in exchange and transactions.