What are transaction costs ?

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Rahul Sunny answered 2 years ago

(a)What are transaction costs and how does the use of the internet lower transaction costs for...

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When there are no transaction costs, but in the presence of externalities (e.g., pollution), under what...

When there are no transaction costs, but in the presence of externalities (e.g., pollution), under what circumstances is the equilibrium allocation of physical resources, including the equilibrium level of externalities, independent of the assignment of rights and liabilities to different agents? Under what circumstances will an efficient equilibrium allocation necessarily result? What is the role for law, if any, in improving the outcome of private negotiations between private parties engaged in activities that have external effects

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“If there are no transaction costs, then an efficient outcome can be achieved in the presence...

“If there are no transaction costs, then an efficient outcome can be achieved in the presence of an externality if the government completely allocates tradable property rights over the externality generating activity. Furthermore, the final outcome will be invariant to the specific initial allocation of property rights that is chosen by the government.” Is this claim true, false or ambiguous? Justify your answer. (Please write as much as you can)

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How do banks reduce transaction costs and facilitate diversification?

Explain the different forms of Transaction Costs and the factors that will affect them.

What is a deferral transaction? What is an accrual transaction? Why do we need to record...

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68. The benefits of dollarization include the following except for (a) decreases in transaction costs...

68. The benefits of dollarization include the following except for (a) decreases in transaction costs and exchange rate risk as a result of a common currency. (b) increases in trade and investment within the unified currency zone. (c) lower inflation and lower interest rates. (d) the ability of the central bank of a dollarized country to conduct independent monetary policy. 69. Which of the following statements is NOT true? (a) A dollarized country essentially accepts...

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