Results 21 to 30 of about 54,212 (299)

Trade, Trust and Transaction Costs [PDF]

open access: yesSSRN Electronic Journal, 2003
Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of this paper shows that more trust leads to more trade so that part of the "mystery of missing trade" can be ...
Frank A.G. den Butter, Robert H.J. Mosch
openaire   +4 more sources

Sludge and transaction costs [PDF]

open access: yes, 2021
Behavioral scientists have begun to research ‘sludge,’ excessive frictions that make it harder for people to do what they want to do. Friction is also an important concept in transaction-cost economics.
Lades, Leonhard K   +2 more
core   +1 more source

Classification of transaction costs of rent business entities

open access: yesЕкономіка, управління та адміністрування, 2021
The change of economic formation in the post-Soviet countries has led to the revision of the attitude to rent relations, as well as the assessment of their effectiveness.
S.V. Bardash, Т.S. Osadcha
doaj   +1 more source

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   +3 more sources

Estimation of the transaction costs of Bank Melli Iran credits in the form of selected Islamic contracts [PDF]

open access: yesجستارهای اقتصادی, 2022
This study was conducted to examine the transaction costs of obtaining credit in selected Islamic contracts from Melli Bank, and to determine the factors that affect the transaction costs on this credits.
Seyed Safdar Hoseini   +2 more
doaj   +1 more source

International equity portfolio allocations and transaction costs [PDF]

open access: yes, 2010
In spite of the critical role of transaction cost, there are not many papers that explicitly examine its influence on international equity portfolio allocation decisions.
Thapa, Chandra   +2 more
core   +1 more source

Determinants of transaction costs in construction projects

open access: yesJournal of Civil Engineering and Management, 2015
Transaction costs occur when a good or service is transferred across a technologically separable interface, and include the costs of drafting, negotiating and enforcing an agreement, and also the costs of governance and bonding to secure commitments.
Huimin Li, David Arditi, Zhuofu Wang
doaj   +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

Home - About - Disclaimer - Privacy