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The Economics of Transaction Costs: Theory, Methods and Application by P. Rao (Hardcover, 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.
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Product Information
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.Product Identifiers
PublisherPalgrave Macmillan
ISBN-139780333802687
eBay Product ID (ePID)90772232
Product Key Features
Number of Pages197 Pages
Publication NameThe Economics of Transaction Costs: Theory, Methods and Application
LanguageEnglish
SubjectEconomics, Business
Publication Year2002
TypeTextbook
AuthorP. Rao
FormatHardcover
Dimensions
Item Height216 mm
Item Weight425 g
Item Width140 mm
Additional Product Features
Country/Region of ManufactureUnited Kingdom
Title_AuthorP. Rao
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