Economics Dictionary of Arguments

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 Transaction Costs - Economics Dictionary of Arguments
 
Transaction costs: Transaction costs are expenses incurred during the exchange of goods, services, or assets beyond the actual price. They include fees, time, effort, and information necessary for completing a transaction, encompassing negotiation, verification, and enforcement costs. These costs can affect market efficiency and influence decisions on whether to engage in economic exchanges. See also Efficiency.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.
 
Author Item    More concepts for author
Alchian, Armen A. Transaction Costs   Alchian, Armen A.
Coase, Ronald Transaction Costs   Coase, Ronald
Coleman, Jules L. Transaction Costs   Coleman, Jules L.
Dari-Mattiacci, Giuseppe Transaction Costs   Dari-Mattiacci, Giuseppe
De Geest, Gerrit Transaction Costs   De Geest, Gerrit
Pigou, Arthur Cecil Transaction Costs   Pigou, Arthur Cecil
Shirky, Clay Transaction Costs   Shirky, Clay
Wittman, Donald Transaction Costs   Wittman, Donald

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Ed. Martin Schulz, access date 2025-05-17