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Measuring Transaction Costs in the Economy of IranCase Study: Goodwill of Retail Businesses in Kermanshah [PDF]
Production costs include transformation and transaction costs. Transformation costs are expenses of physical production. Transaction costs include the costs of measuring physical properties and legal characteristics of goods exchanged, and the costs of ...
jamal fathollahi +2 more
doaj
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
openaire +1 more source
Using the exogenous shock of the COVID-19 pandemic, we examine whether vertical integration creates value for firms when facing increasing uncertainty.
Chun Yuan +3 more
doaj +1 more source
Fake News, Artificial Intelligence, and Transaction Costs: From Misinformation to Regulation [PDF]
The article extends transaction cost economics (TCE) into artificial intelligence (AI)mediated information markets, specifically AI-regulated fake news.
Cosmin Marinescu , Karina Ochiș
doaj +1 more source
Many countries seek to become a global logistics center linking major trading ports. They are competitively constructing container ports. The aggressive competition creates overcapacity situation in the container port sector.
Hyuk-soo Cho
doaj +1 more source
An inquiry into the explanatory virtues of transaction cost economics [PDF]
The aim of this paper is twofold. First, we offer a methodological reflection on how the explanatory virtues of economic theories can be assessed in a systematic way.
Lukasz Hardt
doaj
Motivating salespeople to sell the full product line including proprietary products is an important, yet daunting, task. Transaction cost economics suggests salespeople may resist selling proprietary products because proprietary products may constitute a
STEVE EDISON +2 more
doaj +1 more source
The Role of Cooperatives in Transaction Costs Reduction of Agricultural Enterprises Regarding Potato Farms in the Qurveh Township [PDF]
Transaction costs of agricultural enterprises are an affective factor on product cost price, net exchange price and farmer’s participation in market. The aim of this survey research was to examine the role of agricultural cooperatives in reducing the ...
mohammad amin sharifi +3 more
doaj +1 more source
The Journey from the Industrial Revolution to the Digital World: Evolution of Transaction Cost Economics [PDF]
Around eighty-five years ago, the concept of transaction cost was introduced by Coase, and in the early 1980s, transaction cost theory became a part of the new institutional economics research due to the incorporation of cognitive psychology into ...
S. M. S. Palitha Bandara +2 more
doaj +1 more source
Online Video Streaming from the Perspective of Transaction Cost Economics
In recent years, online streaming has encountered the challenge of retaining its user base. This study considers the role of transaction cost economics theory in consumer choices to continue subscribing.
Amit Malhan +2 more
doaj +1 more source

