The basic content of transaction costs,
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Williamson not only to the "transaction" concept has been re-defined,
代写包发, and the determinants of transaction costs for the distinction and summarized,
light-emitting diode, and the causes of transaction costs. Williamson's transaction costs that determine the market factors (elements) can be divided into two groups:
The first group is trading the behavior of the two basic features; They are:
① limited rationality. Williamson believes that human behavior is often the desire of the reasonable and certain restrictions between the fall of non-rational and completely reasonable middle ground between the calculated behavior. In other words,
论文定制, people in the collection,
sci 代写, processing and handling a large number of market information,
2010 sci, its capacity is often limited by the constraints of many aspects of their own,
ei village, and therefore,
课题, people's behavior can not be absolutely rational,
论文心连心, all transactions can only be limited to the rational .
② opportunism. It means that transactions subject to the fraudulent acts tend to pursue their own interests is premised on the assumption of limited rationality. It is because of the limited nature of rational people,
毕业论文查重, that makes some traders can take advantage of information asymmetry environment or a better position to fraud each other. Opportunistic behavior in a sense that the parties related to specific investments can not achieve the optimum,
sci期刊, and the negotiation and execution of the contract more difficult,
影响因子 sci, resulting in the high spot market transaction costs.
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