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Characteristics of the main types of transaction costs

Journal: Science Journal "NovaInfo" (Vol.2, No. 86)

Publication Date:

Authors : ;

Page : 101-104

Keywords : TRANSACTION COSTS; MARKET ECONOMY; COMPANY; MARKET; COSTS;

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Abstract

Classical economic theory assumed the hypothesis that market transactions are executed instantly and do not call for the cost of resources. In the economic literature, there are various combinations to classify types of transaction costs. It is proposed to classify market and intra-plant transaction costs, formed according to different classification indicators.

Last modified: 2018-07-17 04:32:39