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Икономическа Същност На Транзакционните Разходи
[Economic Essence of Transaction Costs]

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  • Todorova, Tamara

Abstract

The paper discusses various definitions of transaction costs and, in a sense, represents a review of existing theories. This involves an attempt at defining transaction costs in relation to information costs, implicit and explicit costs, ex ante and ex post transaction costs. We offer a comprehensive and detailed study of all definitions of transaction costs.

Suggested Citation

  • Todorova, Tamara, 2000. "Икономическа Същност На Транзакционните Разходи [Economic Essence of Transaction Costs]," MPRA Paper 75782, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:75782
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    File URL: https://mpra.ub.uni-muenchen.de/75782/1/MPRA_paper_75782.pdf
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    References listed on IDEAS

    as
    1. Dahlman, Carl J, 1979. "The Problem of Externality," Journal of Law and Economics, University of Chicago Press, vol. 22(1), pages 141-162, April.
    2. Barzel,Yoram, 1997. "Economic Analysis of Property Rights," Cambridge Books, Cambridge University Press, number 9780521597135, February.
    3. Eggertsson,Thrainn, 1990. "Economic Behavior and Institutions," Cambridge Books, Cambridge University Press, number 9780521348911.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    transaction costs; moral hazard; opportunism;
    All these keywords.

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • D86 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Economics of Contract Law

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