The economics of transaction costs [Elektronisk resurs] Theory, methods and application / P.K. Rao.
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Rao, P.K. (författare)
- ISBN 9780230597686
- Publicerad: Basingstoke : Palgrave Macmillan, 2002
- Engelska 216 p.
- Relaterad länk:
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http://dx.doi.org/10... (Table of Contents / Abstracts)
Innehållsförteckning
Sammanfattning
Ämnesord
Stäng
- Preface PART I: THEORY AND METHODS Background Elements of Industrial Organization Economic Externalities New Neoclassical Economics New Institutional Economics PART II: APPLICATIONS Law and Economics Behavioural Economics Organizations Theory Environmental Economics Perspectives Glossary Index.
- In modern economies a substantial proportion of resources is increasingly allocated to transaction costs. An improvement in the definition of transaction costs to include both the information role and efficiency role requires an integration of the approaches of positive economics and normative economics. There are few areas with as much potential for enriching economic science as the theme of transaction cost analysis (TCA) and this book seeks to investigate this potential, building on the recognized TCA analyses of significant contributions ranging from Ronald Coase to Oliver Williamson. In The Economics of Transaction Costs, P.K.Rao provides a comprehensive analytical treatment of transaction cost economics and suggests a few directions for formal economic models.
- 'This book provides a comprehensive analytical treatment of the topic of transaction cost economics...an insightful book for economists to take seriously the impacts of transaction costs on economic issues.' - Stephane Saussier, Professor of Economics, University Nancy II & ATOM-University Pantheon-Sorbonne, Paris, France.
Ämnesord
- Transaction costs. (LCSH)
- Costs, Industrial. (LCSH)
- Contracts -- Economic aspects. (LCSH)
- Economics. (eflch)
Indexterm och SAB-rubrik
- Transaction costs
Klassifikation
- ECO (ämneskategori)
- 338.51 (DDC)
- Qaacc (kssb/8 (machine generated))
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