Meramveliotakis, Giorgos; Milonakis, Dimitris - In: Journal of Economic Issues 44 (2010) 4, pp. 1045-1072
The purpose of this article is to appraise the analytical usefulness of the new institutionalist approach by investigating the explanatory capacity of the transaction cost concept. After a discussion of the problems of defining the concept of transaction costs through the identification of three...
