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The Economics of Transaction Costs
P. K. Rao
€ 118.95
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Description for The Economics of Transaction Costs
Hardcover. In this text P.K. Rao provides a comprehensive analytical treatment of the economics of transaction costs and suggests a few directions for formal economic models. Num Pages: 213 pages, biography. BIC Classification: KCA; KCC; KJ. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 219 x 148 x 17. Weight in Grams: 392.
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.
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.
Product Details
Format
Hardback
Publication date
2003
Publisher
Palgrave Macmillan United Kingdom
Number of pages
216
Condition
New
Number of Pages
197
Place of Publication
Basingstoke, United Kingdom
ISBN
9780333802687
SKU
V9780333802687
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About P. K. Rao
P. K. RAO is Director at the Centre for Development Research in Lawrenceville, New Jersey. Dr Rao has worked at several institutions including Harvard and Rutgers Universities and has undertaken several major consultancy studies.
Reviews for The Economics of Transaction Costs
'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.' - Stéphane Saussier, Professor of Economics, University Nancy II & ATOM-University Panthéon-Sorbonne, Paris, France