Sentence examples for reduction of transaction from inspiring English sources
And the emerging smarter enterprise, tapping this resource, has the potential to be a powerful force for global economic growth, sustainability, democratisation and societal progress.In the 20th century the firm's purpose, according to the late Ronald Coase, was the reduction of transaction costs.
Turning to the cooperative game, one would expect a reduction of transaction cost (bar c) to also make a difference.
Our long-term business model is built around transaction-based revenue and this remains the case even with the reduction of transaction fees," he told TechCrunch.
A positive link between guanxi and the reduction of transaction costs, overall firm efficiency, and performance has been noted by many researchers (Luo and Chen, 1997; Ngoma, 2016).
In a context of highly fragmented woodlands' ownership, joint forest management implies a reduction of transaction costs for its members and improves the coherence of forestry actions at the landscape scale.
The availability of timber insurance in some countries demonstrates that reduction of transaction costs by the government or by landowner associations is a possibility, and that this can assist the growth of the timber insurance business.
These same two principles for reduction of transactions costs can be applied, with slight variation, to individual transferable input systems.
Thirdly, institutional economic analysis indicates that hierarchical governance structures may well be most efficient, in terms of reduction of transactions costs, for complex services.
The latter implies that taxation close to environmental damages and the reduction of the associated transaction costs should be policy priorities.
Previous research in real-time concurrency control mainly focuses on the schedulability guarantee of hard real-time transactions and the reduction of the miss rate of soft real-time transactions.
Recently, network technologies have promised gains of efficiency through a reduction in transaction costs and showed new commercial opportunities for small firms.
