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 transact...
Sustainable Development: Economics and Policy applies an interdisciplinary perspective to the latest developments in economic analysis and to policies affecting the global environment and economic development.
Sustainable Development: Economics and Policy applies an interdisciplinary perspective to the latest developments in economic analysis and to p...
Sustainable Development: Economics and Policy applies an interdisciplinary perspective to the latest developments in economic analysis and to policies affecting the global environment and economic development.
Sustainable Development: Economics and Policy applies an interdisciplinary perspective to the latest developments in economic analysis and to p...
This study integrates scientific findings about the Global Warming Potential (GWP) - for example, the roles of pollution, population growth, agricultural development and sustainable resources - with advances in economic theory and methods, so as to explain how and why climate and economy are complementary at the local, national and global levels. The primary purpose of this work is to provide analytical bases for the creation of pragmatic, ecology-environment-economy policies, rather than to overwhelm the reader with technical processing that does not offer any comprehensive examination of...
This study integrates scientific findings about the Global Warming Potential (GWP) - for example, the roles of pollution, population growth, agricultu...
This study integrates scientific findings about the Global Warming Potential (GWP) - for example, the roles of pollution, population growth, agricultural development and sustainable resources - with advances in economic theory and methods, so as to explain how and why climate and economy are complementary at the local, national and global levels. The primary purpose of this work is to provide analytical bases for the creation of pragmatic, ecology-environment-economy policies, rather than to overwhelm the reader with technical processing that does not offer any comprehensive examination of...
This study integrates scientific findings about the Global Warming Potential (GWP) - for example, the roles of pollution, population growth, agricultu...
