Economics Dictionary of ArgumentsHome![]() | |||
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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._____________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 | |
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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 | |
Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2025-05-17 |