Revenue Sharing and Control Rights in Team Production: Theories and Evidence from Joint Ventures.* [PDF]
This paper presents a model of the joint venture that is grounded in the stylized facts we found from a sample of 200 joint venture contracts. The model incorporates the revenue-sharing contract into the incomplete contract frameworks of Grossman-Hart ...
Bai, Chong-En, Tao, Zhigang, Wu, Changqi
core +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
Measuring private transaction costs of public procurement: Case of the Czech Republic
In the Czech Republic ca. 13% of the GDP, is spent every year on public procurement. More money each year has to be spent by the contracting authorities and private subjects for the public procurement to even work. This paper focuses on measuring private
Luboš Dufek
doaj +1 more source
Scale as a Transaction Cost Variable in the U.S. Biopower Industry [PDF]
With increasing interest in renewable energy from agriculture, including biopower and cellulose ethanol, several aspects of the industry must be understood.
Altman, Ira J. +2 more
core +1 more source
Transactions Costs and the Viability of Rural Financial Intermediaries [PDF]
In its attempt to examine the transaction cost of banks, this study develops a method of estimating transaction cost for each bank activity. It also explains the differences and the composition cost among commercial private development and rural banks ...
Cuevas, Carlos E., Untalan, Teodoro S.
core
Understanding smart contracts as a new option in transaction cost economics [PDF]
Among different concepts associated with the term blockchain, smart contracts have been a prominent one, especially popularized by the Ethereum platform. In this study, we unpack this concept within the framework of Transaction Cost Economics (TCE). This
Halaburda, Hanna +2 more
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Accountable Care Organizations and Transaction Cost Economics [PDF]
Using a Transaction Cost Economics (TCE) approach, this paper explores which organizational forms Accountable Care Organizations (ACOs) may take. A critical question about form is the amount of vertical integration that an ACO may have, a topic central ...
Mick, Stephen S. Farnsworth +1 more
core +2 more sources
Transaction Costs, Innovation and Learning [PDF]
Contribution to 'Companion to neo-Schumpeterian economies', to be published by Edward Elgar in 2006.
openaire +6 more sources
Understanding agricultural land leasing in Ireland: a transaction cost approach. [PDF]
Onofri L +3 more
europepmc +1 more source
Pengaruh Biaya Transaksi terhadap Keuntungan USAhatani Kedelai di Kabupaten Lamongan, Jawa Timur [PDF]
Transaction cost is one of the characteristics of imperfect market. Transaction cost on soybean farming will affect the level of profit soybean farming.
Rachmina, D. (Dwi) +1 more
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