 | Douglass C. North - 1990 - 164 pages
...of economies. The costliness of information is the key to the costs of transacting, which consist of the costs of measuring the valuable attributes of...protecting rights and policing and enforcing agreements. These measurement and enforcement costs are the sources of social, political, and economic institutions.... | |
 | Cathy A. Rakowski - 1994 - 352 pages
...North says: "The costliness of information is the key to the costs of transacting, which consist of the costs of measuring the valuable attributes of...protecting rights and policing and enforcing agreements" (1990, p. 27). Elsewhere (Uzzell 1980b) I have suggested approaching an understanding of regional socioeconomic... | |
 | Neville Morley - 2002 - 228 pages
...transporting the goods to market, and by the level of demand, but also by transaction costs: the cost of measuring the valuable attributes of what is being exchanged, and the cost of protecting rights and enforcing agreements.77 Small-scale local exchange can take place without... | |
 | Avinash K. Dixit - 1998 - 220 pages
...and monitoring task completion under alternative governance structures" (Williamson 1989, p. 142), or "the costs of measuring the valuable attributes of...protecting rights and policing and enforcing agreements" (North 1990a, p. 27). In particular, the focus is on the evolution of governance structures (institutions,... | |
 | Shahid Javed Burki, Guillermo Perry - 1998 - 172 pages
...monitoring completion under alternative governance structures. " North ( 1 990, p. 27) defines them as "the costs of measuring the valuable attributes of...protecting rights and policing and enforcing agreements." 5. It should be noted, for example, that total transaction costs in an economy can be readily confused... | |
 | Christopher Harding, C. Chin L. Lim - 1999 - 410 pages
...Handbook of Industrial Organisation (North Holland Publishing, 1989), 142. Alternatively, they are 'the costs of measuring the valuable attributes of...protecting rights and policing and enforcing agreements', ibid., quoting Douglass North, Institutions, Institutional Change, and Economic Performance (1990),... | |
 | Knut Koschatzky - 2001 - 476 pages
...Sicherung von Eigentumsrechten sowie der Durchsetzung von Verträgen: "Costs of transacting ...consist of the costs of measuring the valuable attributes of...protecting rights and policing and enforcing agreements" (North 1990: 27). Für die Erklärung von Netzwerkbeziehungen bedeutet diese Sichtweise, dass mit zunehmender... | |
 | Martina Eckardt - 2001 - 386 pages
...Transaktionskosten-Begriffs vgl. STREIT/ WEGNER (1989). Danach setzen sich Transaktionskosten vor allem zusammen aus „the costs of measuring the valuable attributes...protecting rights and policing and enforcing agreements" (North 1990a, 27). Auf diesen Meß- und Durchsetzungskosten beruhen bei North (1990a, 27) letztlich... | |
 | Terrence Casey - 2002 - 272 pages
...Performance (Cambridge: Cambridge University Press, 1990). 54 Transaction costs can be formally defined as 'the costs of measuring the valuable attributes of...being exchanged and the costs of protecting rights and enforcing contracts'. Ibid., p. 27. 55 Ibid., p. 4. 56 North sees both informal and formal institutions... | |
 | Gary Goertz - 2003 - 284 pages
...transaction costs: The costliness of information is the key to the costs of transacting, which consist of the costs of measuring the valuable attributes of...protecting rights and policing and enforcing agreements. (1990,27) It is ... measurement plus the costliness of enforcement that together determine the costs... | |
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The costliness of information is the key to the costs of transacting, which consist of the costs of measuring the valuable attributes of what is being exchanged and the costs of protecting rights and policing and enforcing agreements. 
