Transaction Cost and Asymmetry of Information -The Twin Odds of Indian Commercial Banks in Rural Credit Market: Theoretical Fragility [PDF]
This paper delves into the issues of transaction cost and asymmetry of information in the rural credit market. The first two sections deal with theoretical postulation of bank intermediation.
Choudhury, Saswati
core +1 more source
Asymptotic Methods for Transaction Costs
We propose a general approximation method for the determination of optimal trading strategies in markets with proportional transaction costs, with a polynomial approximation of the residual value function. The method is exemplified by several problems, from optimally tracking benchmarks and hedging the log contract to maximizing utility from terminal ...
openaire +4 more sources
Transaction Costs and Institutional Change
In modern economic analysis, the notion of transaction costs is used both as a technical concept in order to measure different kinds of costs related to contracting (search and information costs, contracting costs, monitoring and enforcement costs), as well as in the form of an explanatory device in order to understand economic change. Hence, according
Magnusson, Lars, Ottosson, Jan
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Herein, silicon‐based nanoparticle coatings on X2CrNiMo17‐12‐2 metal powder are presented. The coating process scale, process parameters, nanoparticle size (65–200 nm) as well as the coating amount are discussed regarding powder properties. The surface roughness affects the flowability, while reflectance depends on the coating material and surface ...
Arne Lüddecke+4 more
wiley +1 more source
The General Structure of Optimal Investment and Consumption with Small Transaction Costs [PDF]
We investigate the general structure of optimal investment and consumption with small proportional transaction costs. For a safe asset and a risky asset with general continuous dynamics, traded with random and time-varying but small transaction costs, we derive simple formal asymptotics for the optimal policy and welfare.
arxiv
The design of standardisation processes in ICT : an evolutionary transaction cost approach [PDF]
M.J. van Wegberg
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Controlling the size and distribution of dispersoids is essential for optimizing the performance of oxide‐dispersion‐strengthened steels. This study focuses on nanoparticle dispersion and agglomeration during laser additive manufacturing of Fe20Cr alloy reinforced with ZrO 2 nanoparticles. Utilizing multiphysics phase‐field simulations and nanoparticle
Somnath Bharech+6 more
wiley +1 more source
Il B2B e il paradigma dei costi di transazione (B2B and the Transaction Costs Paradigm)
Business to Business (B2B) Internet commerce causes a significant contraction of transaction costs. According to the Coase paradigm, we would thus expect a deverticalization of the industry and broader scope for anonymous market mechanisms.
Pierluigi Sabbatini
doaj +1 more source
The Scaling Limit of Superreplication Prices with Small Transaction Costs in the Multivariate Case [PDF]
Kusuoka [ Limit Theorem on Option Replication Cost with Transaction Costs, Ann. Appl. Probab. 5, 198--221, (1995).] showed how to obtain non-trivial scaling limits of superreplication prices in discrete-time models of a single risky asset which is traded at properly scaled proportional transaction costs.
arxiv
Active Hedging Greeks of an Options Portfolio integrating churning and minimization of cost of hedging using Quadratic & Linear Programing [PDF]
This paper proposes a methodology for active hedging Greeks of an option portfolio integrating churning and minimization of cost of hedging. In the first section, hedging strategy is implemented by taking positions in other available options, while ...
Gupta, Akshay+2 more
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