Measuring Transaction Costs: An Incomplete Survey
Ning Wang
Abstract
Ning Wang
Abstract
This survey sketches the broad landscape of the field of transaction costs measurement. It surveys the main research areas concerning transaction costs and offers a taxonomy: monetary and financial economics, Williamsonian transaction cost economics, the transaction sector, non-market transaction costs, environmental and ecological economics, institutions and economic growth, and the economics of identity.
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This survey sketches the broad landscape of the field of transaction costs measurement. It surveys the main research areas concerning transaction costs and offers a taxonomy: monetary and financial economics, Williamsonian transaction cost economics, the transaction sector, non-market transaction costs, environmental and ecological economics, institutions and economic growth, and the economics of identity.
Key concepts: Transaction cost, Database transaction, Online transaction processing, Economics, Survey data collection, Search cost, Industrial organization, Business