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Concept information

social science subjects > business and management > management theory > transaction cost theory
... > social science subjects > business and management > organization studies > organization studies encyc > approaches to organization theory > organizational economics > transaction cost theory
... > social science subjects > business and management > organization studies > organization studies encyc > organizational economics > transaction cost theory
... > social science subjects > business and management > management theory > management theory encyc > managing environments > transaction cost theory
social science subjects > business and management > operations management > operations management theory > transaction cost theory
... > social science subjects > business and management > manufacturing and operations > operations management > operations management theory > transaction cost theory
... > social science subjects > health and social care > health care management > operations and decision making > operations management > operations management theory > transaction cost theory

Preferred term

transaction cost theory  

Definition

  • 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]

Broader concept

Belongs to group

URI

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

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