Transaction costs in beans market in Brazil
نویسندگان
چکیده
منابع مشابه
Legal Analysis of bank in the Iranian commercial market based on the theory of transaction costs
Understanding the necessity of establishing a bank in Iran requires a correct realizing of the mechanism of the money market in an era in which banks had no place or position. At that time distrusting on the borrower credits, lack of reliable information about the number and place of lenders, rising interest rates and the prevalence of high- interest borrowing were some of the costs that transa...
متن کاملTransaction Costs and Market Efficiency
Previous research suggests that a decline in transactions costs leads to improved economic efficiency. In this paper, we show that such a decline will introduce increasingly uninformed consumers into established markets. Using a model of financial market inefficiency, we show that this increase in uninformed individuals can increase market risk (volatility), can decrease efficiency, and may red...
متن کاملMarket Equilibrium with Transaction Costs
Identical products being sold at different prices in different locations is a common phenomenon. Price differences might occur due to various reasons such as shipping costs, trade restrictions and price discrimination. This is modelled in traditional market models by adding a production that transfers the goods from one location to another. However, this approach is not always satisfactory sinc...
متن کاملOn option pricing in binomial market with transaction costs
Option replication is studied in a discrete-time framework with proportional transaction costs. The model represents an extension of the Cox-RossRubinstein binomial option-pricing model to cover the case of proportional transaction costs for one risky asset with different interest rates on bank credit and deposit. Contingent claims are supposed to be 2-dimensional random variables. Explicit for...
متن کاملGovernance strategies and transaction costs in a renovated electricity market
a r t i c l e i n f o This study applies a transaction cost economics (TCE) framework to examine how economic agents adopt gover-nance strategies in Brazil's recently renovated electricity market. In light of a well-established TCE model, four attributes of transactions (i.e., asset-specificity, uncertainty, complexity, and frequency) are examined for three unregulated transactions between gene...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Ciência Rural
سال: 2015
ISSN: 0103-8478
DOI: 10.1590/0103-8478cr20140725