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About this item
Highlights
- In modern economies a substantial proportion of resources is increasingly allocated to transaction costs.
- About the Author: P. K. RAO is Director at the Centre for Development Research in Lawrenceville, New Jersey.
- 197 Pages
- Business + Money Management, Economics
Description
Book Synopsis
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.Review Quotes
'This book provides a comprehensive analytical treatment of the topic of transaction cost economics...an insightful book for economists to take seriously the impacts of transaction costs on economic issues.' - Stéphane Saussier, Professor of Economics, University Nancy II & ATOM-University Panthéon-Sorbonne, Paris, France
About the Author
P. K. RAO is Director at the Centre for Development Research in Lawrenceville, New Jersey. Dr Rao has worked at several institutions including Harvard and Rutgers Universities and has undertaken several major consultancy studies.Dimensions (Overall): 8.98 Inches (H) x 5.58 Inches (W) x .65 Inches (D)
Weight: .83 Pounds
Suggested Age: 22 Years and Up
Number of Pages: 197
Genre: Business + Money Management
Sub-Genre: Economics
Publisher: Palgrave MacMillan
Theme: Theory
Format: Hardcover
Author: P Rao
Language: English
Street Date: December 3, 2002
TCIN: 1006473728
UPC: 9780333802687
Item Number (DPCI): 247-20-3062
Origin: Made in the USA or Imported
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Shipping details
Estimated ship dimensions: 0.65 inches length x 5.58 inches width x 8.98 inches height
Estimated ship weight: 0.83 pounds
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