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REASSESSING THE FUNDAMENTALS AND BEYOND:RONALD COASE,THE TRANSACTION COST AND RESOURCE-BASED THE ORIES OF THE FIRM AND THE INSTITUTIONAL STRUCTURE OF PRODUCTION.
The primary purpose of this article is to discuss the trade practices used by retail chains from the point of view of the possible solutions of conflicts between the members of the distribution channe...
We study a single risky financial asset model subject to price impact and transaction cost over an finite time horizon. An investor needs to execute a long position in the asset affecting the price of...
Based on a point of view that solvency and security are first, this paper considers regular-singular stochastic optimal control problem of a large insurance company facing positive transaction cost a...
In this paper, three points are argued. The first is that Ronald Coase, best known as the forefather of transaction cost theory, foresaw many of the critical questions that proponents of the resourceb...
Transaction-cost应译为“交易费用”     交易费用  交易成本  资产专用性  沉没成本       font style='font-size:12px;'> 2009/11/9
新制度经济学中的核心概念Transaction-cost应该译为“交易成本”还是“交易费用”没有达到广泛的一致,国内学者对这两个概念大多不加区分,造成很大的混乱。在推敲汉语含义和总结前人研究的基础上,从交易的特性出发,通过分析机会主义行为、资产专用性和沉没成本之间的联系,认为“Transaction-cost”应当译为“交易费用”。
Transaction-cost应译为“交易费用”     交易费用  交易成本  资产专用性  沉没成本       font style='font-size:12px;'> 2009/11/3
新制度经济学中的核心概念Transaction-cost应该译为“交易成本”还是“交易费用”没有达到广泛的一致,国内学者对这两个概念大多不加区分,造成很大的混乱。在推敲汉语含义和总结前人研究的基础上,从交易的特性出发,通过分析机会主义行为、资产专用性和沉没成本之间的联系,认为“Transaction-cost”应当译为“交易费用”。
In the paper discrete time portblio selection with maximization of a discounted satisfaction functional is studied. In Section 2 the case without transaction costs is considered and explint solutio...
This study presents a theoretical framework for studying the effects of extra-group social networks on teams. Building on a transaction cost economics framework, an individual's extr-group friend...
Introduction In neoclassical price theory the firm is a black box and there are no banks. Into the box go labor and capital and out come products; the apparatus is driven by wealth maximization and...

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