2003Palgrave Macmillan UK eBooksRequires access

The Economics of Transaction Costs

P. K. Rao

Open publisher page 57 citations

Abstract

In modern economies a substantial proportion of resources is increasingly allocated to transaction costs. An improvement in the definition of transaction costs to include both the information role and

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In modern economies a substantial proportion of resources is increasingly allocated to transaction costs. An improvement in the definition of transaction costs to include both the information role and

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OpenAlex reports 57 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

In modern economies a substantial proportion of resources is increasingly allocated to transaction costs. An improvement in the definition of transaction costs to include both the information role and

Key concepts: Transaction cost, Economics, Computer science, Microeconomics

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