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Books Books 1 - 10 of 15 on The costliness of information is the key to the costs of transacting, which consist....
" 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. "
The Long March: A Reform Agenda for Latin America and the Caribbean in the ... - Page 76
by Shahid Javed Burki, Guillermo Perry - 1997 - 115 pages
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Institutions, Institutional Change and Economic Performance

Douglass C. North - 1990 - 152 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....
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Contrapunto: The Informal Sector Debate in Latin America

Cathy A. Rakowski - 1994 - 336 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...
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Metropolis and Hinterland: The City of Rome and the Italian Economy, 200 BC ...

Neville Morley - 2002 - 224 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...
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The Making of Economic Policy: A Transaction-cost Politics Perspective

Avinash K. Dixit - 1998 - 192 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,...
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Beyond the Washington Consensus: Institutions Matter

Shahid Javed Burki, Guillermo Perry - 1998 - 158 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...
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Renegotiating Westphalia: Essays and Commentary on the European and ...

Christopher Harding, C. Chin L. Lim - 1999 - 389 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),...
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Technischer Wandel und Rechtsevolution: ein Beitrag zur ökonomischen Theorie ...

Martina Eckardt - 2001 - 359 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...
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Räumliche Aspekte im Innovationsprozeß: ein Beitrag zur neuen ...

Knut Koschatzky - 2001 - 444 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...
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The Social Context of Economic Change in Britain: Between Policy and Performance

Terrence Casey - 2002 - 250 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...
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International Norms and Decision Making: A Punctuated Equilibrium Model

Gary Goertz - 2003 - 262 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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