Abstract
“The difficulty [of quantifying transaction costs], however, is mitigated by the fact that transaction costs are always assessed in a comparative institutional way, in which one mode of contracting is compared with another. Accordingly, it is the difference between rather than the absolute magnitude of transaction costs that matters.”1
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Rights and permissions
Copyright information
© 2007 Deutscher Universitäts-Verlag | GWV Fachverlage GmbH, Wiesbaden
About this chapter
Cite this chapter
(2007). Einleitung. In: Die Wirkung von Vertrauen auf die Ex-Post-Transaktionskosten in Kooperation und Hierarchie. DUV. https://doi.org/10.1007/978-3-8350-5472-1_1
Download citation
DOI: https://doi.org/10.1007/978-3-8350-5472-1_1
Publisher Name: DUV
Print ISBN: 978-3-8350-0652-2
Online ISBN: 978-3-8350-5472-1
eBook Packages: Business and Economics (German Language)