Results 281 to 290 of about 137,465 (325)

Transaction cost regulation [PDF]

open access: possibleJournal of Economic Behavior & Organization, 2013
Abstract This paper discusses the fundamental underpinnings and some implications of transaction cost regulation (TCR), a framework to analyze the interaction between governments and investors fundamentally, but not exclusively, in utility industries.
Pablo T. Spiller, Pablo T. Spiller
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Transaction Cost and Crowding [PDF]

open access: possibleSSRN Electronic Journal, 2016
We use industry data to determine whether crowding of the investment space is caused by portfolio construction processes typical to the investment community. In particular, this paper examines the extent that transaction cost models cause crowding of the investment space, even when the investment models are completely unrelated to one another.
openaire   +2 more sources

Transaction Costs

2015
Abstract: Transaction costs is a generic term referring to the costs of transacting through the market (e.g., search, information, contract, monitoring costs). They are applied with different meanings to organizational structures (e.g., vertical integration), market failures (e.g., externalities), institutional choices (e.g., promotion of clubs), and ...
Marneffe, Wim   +2 more
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The Transaction Costs of eProcurement

2004
Electronic procurement (eProcurement) has turned out to be a much noticed alternative to traditional procurement strategies taking into account that the implementation of specific information and communication technologies is of essential importance for this strategy type.
Reese, Joachim, Saggau, Björn
openaire   +3 more sources

Markets and transaction costs

2022
Transaction costs are omnipresent in markets yet are often omitted in economic models. We show that their presence can fundamentally alter incentives and welfare in markets in which the price equates supply and demand. We categorize transaction costs into two types.
Jantschgi, Simon   +3 more
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Liquidity Premia and Transaction Costs [PDF]

open access: possibleThe Journal of Finance, 2005
ABSTRACTStandard literature concludes that transaction costs only have a second‐order effect on liquidity premia. We show that this conclusion depends crucially on the assumption of a constant investment opportunity set. In a regime‐switching model in which the investment opportunity set varies over time, we explicitly characterize the optimal ...
Mark Loewenstein   +4 more
openaire   +3 more sources

Transaction Cost Economics

Journal of Economic Behavior & Organization, 1987
Abstract Recent and continuing headway notwithstanding, transaction cost economics maintains that our understanding of the economic institutions of capitalism-firms, markets, hybrids, bureaus-is very primitive. It subscribes to the following modest research objective: “to organize our necessarily incomplete perceptions about the economy,
openaire   +2 more sources

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