Sentence examples for concept of transaction from inspiring English sources
The concept of transaction fees proved similarly alien to Rachael Sear, who moved from Grimsby to Australia last year.
Coase's other published works include "The Nature of the Firm" (1937), his seminal paper in which he introduced the concept of transaction costs to explain the evolution of companies and industries; The Firm, the Market, and the Law (1988); and How China Became Capitalist (2012; with Ning Wang).
He introduced the concept of transaction costs — the costs each party incurs in the course of buying or selling things — and showed that companies made economic sense when they were able to reduce or eliminate those costs by performing some functions in-house rather than dealing in the marketplace.
If you’ve got this, you have the concept of transaction IDs, which are numbers assigned to keep different transactions in order.
The concept of transaction costs provides one unique and sound perspective to look at all the situations in which the cost of using the market is higher compared to relying more on the firm.
The concept of data model (most notably the relational models like the one proposed by Codd [29]; and the object-oriented data models [8]; Cattell and Barry [25]), the Structured Query Language (SQL, Melton and Simon [81]), and the concept of transaction (Gray and Reuter [57]) are crucial ingredients of successful data management in current enterprises.
When New Institution Economics introduces the important analytic concept of transactions, it also breaks the hypotheses of instant transactions within New Classical Economics.
In this context, evolutionary economists introduced the concept of "dynamic transaction costs" [Langlois, R.N., 1992. Transaction-cost economics in real time. Industrial and Corporate Change 1 (1), 99 127; Langlois, R.N., 2001.
To that end, an STM system provides the programmer with the concept of a transaction.
Like all profound ideas, the concept of a transaction ledger nowadays seems to be completely natural, as if always existed as some sort of natural law.
