Faithin Omaha eBook Collection

Transaction cost economics began to take shape around 1970 and has since been established as an essential tool used to illuminate a wide range of problems in ec

In modern economies a substantial proportion of resources is increasingly allocated to transaction costs. An improvement in the definition of transaction costs

A critical element of economic performance from antiquity to the present

Munger predicts that smartphones will allow the 'transactions cost economy' to commodify excess capacity, promoting sharing instead of owning.m

Transaction cost economics has and continues to be a fruitful area of research. There is still much to be done in the field with past research being used in con