Transaction Cost and Activity of Economic Agents
The goal of the present paper is to clarify the role of transaction cost for existence of an economic agent. It is demonstrated that the opposition of transaction cost and transformation cost is not rigid and there are costs that contain both transaction and transformation component. In addition the...
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| Format: | Article |
| Language: | English |
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Ltd. "Humanities Perspectives"
2017-03-01
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| Series: | Журнал институциональных исследований |
| Subjects: | |
| Online Access: | http://hjournal.ru/files/JIS_9_1/JIS_9.1_5.pdf |