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MACMILLAN The Economics of Transaction Costs: Theory, Methods and Application

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Description

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. In The Economics of Transaction Costs P.K.Rao provides a comprehensive analytical treatment of the subject and suggests a few directions for formal economic models.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
03 December 2002
Listed Since
03 August 2016

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