Analysis on the Transaction Cost and Relational Contract
Huo Jian-sheng
Abstract
Huo Jian-sheng
Abstract
The contract cost is the focus study of the modern economical theory. Based on the Neoinstitutional Theory. This article analysis the transactions cost, and try to explore the relation contract cost and the boundary of the contract.
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The contract cost is the focus study of the modern economical theory. Based on the Neoinstitutional Theory. This article analysis the transactions cost, and try to explore the relation contract cost and the boundary of the contract.
Key concepts: Transaction cost, Relational contract, Focus (optics), Contract management, Database transaction, Contract theory, Relation (database), Business