On the markets for technology (MfT) we currently observe a sizable growth, observe that firms still face immanent transaction obstacles and the emergence of technology market intermediaries (TMI). Why TMIs emerge and how they attempt to facilitate transactions however is not yet sufficiently understood. For these two questions we propose theoretical explanations within this paper building prima...

Insurance markets are characterized by profound market imperfections. Insurance intermediaries reduce transaction costs and information asymmetries. From transaction cost economics, agency theory, and law and economics literature the hypothesis is derived that insurance brokers may provide more high-quality information and advisory services which are better suited for the needs of the consumers...

This study is related to the concept of public institution on principal agent relationship, namely relationship between Village Head and Secretary in local government named Dolok Masihul. The number villages studied were 44 respondents. Analysis statistical investigates research variable using multiple regressions model. After analysing was known that formal contract had a significant positive ...

Backshoring as a way of undoing the offshoring strategy has become quite common in many industries and countries. This paper analyses reasons that may justify this based on International Economics Transaction Cost Economics. Specifically, we point framework to analyse can be valid, but knowledge, experience, etc. country once hosted those activities reduce costs second degree relocation. We pre...

The Mobilizing Action Toward Community Health (MATCH) articles in this issue of Preventing Chronic Disease discuss ideas, policies, and practices that can be used to produce a healthier population in the United States and globally. The articles pose the following questions: 1) How do we best measure long-term wellness at the population level?, 2) How do we provide incentives to organizations to...

Reducing transaction costs by means of policy intervention could generate comparative advantages and contribute to the growth of international trade. Chinese government agencies have introduced a number of policies in support of rapidly growing cross-border e-commerce to promote China’s international trade. However, the previous literature has not empirically verified the precise effect of thes...