The book is the first monograph on this highly important subject.

All organizations, institutions, business processes, markets and strategies have one aim in common: the reduction of transaction costs. This aim is pursued rele

One of the world's leading investment researchers runs the numbers on some of today's most widely touted strategies, objectively answering the questions brokers

Transaction cost economics began to take shape around 1970 and has since been established as an essential tool used to illuminate a wide range of problems in ec

Munger predicts that smartphones will allow the 'transactions cost economy' to commodify excess capacity, promoting sharing instead of owning.m