Results 21 to 30 of about 4,597,616 (289)

Asymptotics for Fixed Transaction Costs [PDF]

open access: yesSSRN Electronic Journal, 2013
An investor with constant relative risk aversion trades a safe and several risky assets with constant investment opportunities. For a small fixed transaction cost, levied on each trade regardless of its size, we explicitly determine the leading-order corrections to the frictionless value function and optimal policy.
Albert Altarovici   +2 more
openaire   +3 more sources

Transaction Cost Economics

open access: yesSSRN Electronic Journal, 2012
The study of the governance of economic organization has become a lively and diverse field of research over the last four decades. This chapter describes the fundamental ideas of Transaction Cost Economics (TCE) as these evolved in the 1970's to offer a methodology through which to analyze how the governance of economic organization has economizing ...
Tadelis, S, Williamson, OE
openaire   +2 more sources

Convex Duality with Transaction Costs [PDF]

open access: yesSSRN Electronic Journal, 2016
Convex duality for two different super-replication problems in a continuous time financial market with proportional transaction cost is proved. In this market, static hedging in a finite number of options, in addition to usual dynamic hedging with the underlying stock, are allowed.
Yan Dolinsky, H. Mete Soner
openaire   +4 more sources

Znaczenie kosztów transakcyjnych dla ekspansji zagranicznej przedsiębiorstw

open access: yesStudia i Materiały, 2016
The article analyses the transaction cost influence on enterprises international expansion. Enterprises do not separate transaction costs and often are not fully aware of their value.
Katarzyna Bentkowska
doaj   +1 more source

Transformation of the Transaction Cost and the Agency Cost in an Organization and the Applicability of Blockchain—A Case Study of Peer-to-Peer Insurance

open access: yesFrontiers in Blockchain, 2020
Blockchain supports a variety of decentralized applications enabled by its immutable, decentralized, and trustless properties. However, there are no unifying criteria for blockchain architecture across the organizations and business models. This variance
R. Sun   +4 more
semanticscholar   +1 more source

Transaction Costs and Consumption [PDF]

open access: yesFinance and Economics Discussion Series, 2007
The Rational Expectations Permanent Income Hypothesis (RE-PIH) fails to explain several features of consumption behavior documented by previous researchers. First, the marginal propensity to consume (MPC) out of unanticipated income shocks tends to decrease as the size of the shocks becomes larger.
openaire   +2 more sources

Trust: a transaction cost influencing psychological mechanism

open access: yesCompetitio, 2020
Our world is more and more characterized by complexity and interdependency. In the developing New Economy it is expected that the role of information and knowledge transfer, along with the role of cooperation, are some of the most important issues. Some
Laszlo Toth
doaj   +1 more source

Typology of contract farming arrangements: a transaction cost perspective

open access: yes, 2020
This paper proposes an alternative typology of contract farming arrangements (CFA) based on transaction cost theory. To construct the typology, we first surveyed managers of agribusiness firms and contracted farmers in Zimbabwe to understand the ...
I. Mugwagwa, J. Bijman, J. Trienekens
semanticscholar   +1 more source

Transaction Cost Economics [PDF]

open access: yesجستارهای اقتصادی, 2006
Introducing the transaction cost economics (TCE), the article, as itsmain concerns, tries to explain the method of making the concept oftransaction cost operational and applying it in empirical studies.
A. Nasiri Aghdam
doaj  

Analysis of Transaction Costs of 3 Kg Liquid Petroleum Gas (LPG) Supply Chain in Yogyakarta City

open access: yesEkuilibrium: Jurnal Ilmiah Bidan Ilmu Ekonomi, 2019
Liquified Petroleum Gas (LPG) 3 kg is subsidized fuel circulated by Pertamina Corporation. The objective of this research was to analyze the supply chain, the selling margin among distribution agencies, and the transaction cost in the market supply chain
Atika Fatimah
doaj   +1 more source

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