Results 21 to 30 of about 4,597,616 (289)
Asymptotics for Fixed Transaction Costs [PDF]
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
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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
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Convex Duality with Transaction Costs [PDF]
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
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Znaczenie kosztów transakcyjnych dla ekspansji zagranicznej przedsiębiorstw
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
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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]
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
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
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Typology of contract farming arrangements: a transaction cost perspective
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]
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
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
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