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Explaining Orbán: A Political Transaction Cost Theory of Authoritarian Populism
Based on the theory of transaction cost economics, the paper argues that by vertically organizing political exchange, populist regimes reduce market-type political transaction costs—bargaining, enforcement and information costs—of democracy.
Z. Ádám
semanticscholar +1 more source
Translation as a Transaction Cost [PDF]
The author develops a translation theory which considers source and target elements as social actors engaged in communication in order to achieve mutual benefits. The model suggests, among other things, that the social effort put into communication should not exceed the mutual benefit ensuing from the interaction.
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A transaction-cost analysis of Swiss land improvement syndicates
Land improvement syndicates (LIS) are a land-policy instrument that has been implemented in Switzerland to incorporate land readjustments, zoning changes and infrastructure provisions within a single instrument.
S. Shahab, F. Viallon
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Transaction Cost Analysis on Revenues and Profits of Red Chili Farming
This research aimed to analyze the transaction cost structure and the effect of transaction costs on the revenue and profit of red chili farming. The analytical methods used were Transaction Cost Economic (TCE) analysis and multiple regression analysis ...
Zumi Saidah+3 more
doaj +1 more source
Transaction Costs, the Phenomenon of the Trading House and Economic Organization [PDF]
The present paper contains a study of the phenomenon of company’s specific internal divisions called “trading house”. The analysis of different approaches (based on results obtained by R. Coase and O.
Kiryanov Igor, V.
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Transaction cost optimization for online portfolio selection
To improve existing online portfolio selection strategies in the case of non-zero transaction costs, we propose a novel framework named Transaction Cost Optimization (TCO).
Bin Li+3 more
semanticscholar +1 more source
Transaction costs and the sharing economy [PDF]
Purpose The paper aims to discuss the so-called sharing economy from a business modeling and industrial structure perspective. The illustrative cases examined are Airbnb and Uber. The research question raised is concerned with the extent to which transaction cost theory can be used to explain the changing industrial structures in the application areas
Henten, Anders, Windekilde, Iwona
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A comparative study of circulating tumor cell isolation and enumeration technologies in lung cancer
Lung cancer cells were spiked into donor blood to evaluate the recovery rates of the following circulating tumor cell (CTC) enrichment technologies: CellMag™, EasySep™, RosetteSep™, Parsortix® PR1, and Parsortix® Prototype systems. Each method's advantages and disadvantages are described.
Volga M Saini+11 more
wiley +1 more source
Critical transaction costs and 1-step asymptotic arbitrage in fractional binary markets [PDF]
We study the arbitrage opportunities in the presence of transaction costs in a sequence of binary markets approximating the fractional Black-Scholes model. This approximating sequence was constructed by Sottinen and named fractional binary markets.
arxiv +1 more source
Abstract This chapter analyzes how transaction cost economics provides an understanding of complex economic organization by selectively joining law, economics, and organization theory. As against neoclassical economics, which is predominantly concerned with price and output, relies extensively on marginal analysis, and describes the firm as a
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