Understanding transaction costs in the mesoeconomic perspective
Abstract
The aim of this article is to provide an insight into understanding transaction costs on other than the company level. Using the literature review, the foundations of the new institutional economics are evoked to verify whether any obstacles exist that would prevent translating the analysis into the mesoeconomic level. Furthermore, referring to Coase’s suggestion on bonding economics and accounting, a proposal for industry-level...
Paper Details
Title
Understanding transaction costs in the mesoeconomic perspective
Published Date
Jan 1, 2019
Journal
Volume
1
Issue
42
Pages
337 - 360
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