The Economics of Transaction Costs: Theory, Methods and Application (Hardback)
  • The Economics of Transaction Costs: Theory, Methods and Application (Hardback)
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The Economics of Transaction Costs: Theory, Methods and Application (Hardback)

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£109.99
Hardback 197 Pages / Published: 03/12/2002
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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.

Publisher: Palgrave Macmillan
ISBN: 9780333802687
Number of pages: 197
Weight: 425 g
Dimensions: 216 x 140 x 16 mm


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'This book provides a comprehensive analytical treatment of the topic of transaction cost economics...an insightful book for economists to take seriously the impacts of transaction costs on economic issues.' - Stephane Saussier, Professor of Economics, University Nancy II & ATOM-University Pantheon-Sorbonne, Paris, France

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