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Judges favor complexity and legalism over efficient solutions, and they have no appreciation for what economists call transaction costs.
That tax is what economists call "transaction costs" and it is the friction that arises when two or more people set out to do something together.
Again, we try to quickly get the idea translated into concept, quickly translated into prototype, and we try to do some of what we call "transaction learning," where we simulate purchase and usage.
70 72 Gould and Fernadez, 71 looking at what they call transaction networks, divided the role of the boundary spanner into five categories each reflecting a unique role, motivation or context.
From the caller and receiver's perspective the call transaction is seemless.
The investor responsible for the covered call transaction may enjoy gains of up to 8.40% on the rally in shares from $18.45 to $20.00 if the calls land in-the-money, and the shares are called from him at $20.00 apiece, by expiration day in a few months time.
Similar(54)
They can also help to mitigate what the economist Ronald Coase famously called "transaction costs," the costs of haggling over deals and monitoring people to make sure they're doing what they're supposed to.
An interaction is called a transaction, and trust from the interaction is called transaction trust.
The cause of the problem is an issue called transaction malleability.
Taking into account all aspects involved in transactions, the multiple semantic dimensions are created, called (transaction dimensions).
These relationships are called transaction banking or arm's length financing (Boyd and Prescott 1986; Ramakrishnan and Thakor 1984; Diamond 1984).
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