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Concept information

Preferred term

transaction cost theory  

Definition(s)

  • Transaction costs are the costs of exchange incurred when firms engage in economically motivated relationships. There are four distinct forms of transaction costs: search, contracting, monitoring, and enforcement costs. [Source: Encyclopedia of Business Ethics and Society; Transaction Costs]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-LV9JVM4C-C

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