Theory of Transaction in Institutional Economics - A History

Despite abundant literature on transaction costs, there is little to no in-depth analysis regarding what the transaction is or how it works. Drawing on both mainstream and heterodox literature and a variety of interdisciplinary sources, this monograph traces the history of transaction costs in institutional economics.

List of contents

1. Mapping the meaning of "transaction; 2. The three dimensions of a transaction; 3. The legal dimension of transactions; 4. The competitive dimension of transactions; 5. The political dimension of transactions; 6. Concluding remarks and one (just one, but remarkable) research proposal

About the author

Massimiliano Vatiero (Ph.D., University of Siena) is an Assistant Professor of Political Economy at the Department of Economics and Management (DEM) of the University of Trento (Italy), and is "Brenno Galli" Chair of Law and Economics at the Law Institute (IDUSI) of the Università della Svizzera Italiana, Switzerland.

Summary

Despite abundant literature on transaction costs, there is little to no in-depth analysis regarding what the transaction is or how it works. Drawing on both mainstream and heterodox literature and a variety of interdisciplinary sources, this monograph traces the history of transaction costs in institutional economics.

Product details

• Authors: Massimiliano Vatiero
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Paperback / Softback
• Released: 25.09.2023
• EAN: 9780367530303
• ISBN: 978-0-367-53030-3
• No. of pages: 92
• Series: Routledge Studies in the History of Economics
• Subjects: Social sciences, law, business > Business > Economics; Business & Economics / General, BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Business Ethics, BUSINESS & ECONOMICS / Economic History, BUSINESS & ECONOMICS / Economics / Theory, BUSINESS & ECONOMICS / Economics / Microeconomics, Economic history, Systems of law, contract law, Economics of industrial organisation, Microeconomics, Banking law