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Paying transaction costs

Abstract : This paper tries to understand the adoption of different organisational forms by trade intermediaries. It does that by exploring their options in a coherent economic framework emphasizing the importance of paying transaction costs. It is based both on my knowledge of 18th century French traders and some insights from more contemporaneous situations. In the first part, the paper analyses the static activity of traders and the tools at their disposal. In the second part, it studies the alternative they had to dynamically improve their situation.
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https://hal-sciencespo.archives-ouvertes.fr/hal-01065638
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Submitted on : Thursday, September 18, 2014 - 12:39:10 PM
Last modification on : Wednesday, October 27, 2021 - 2:17:47 PM
Long-term archiving on: : Friday, December 19, 2014 - 1:11:27 PM

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  • HAL Id : hal-01065638, version 1
  • SCIENCESPO : 2441/942

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Guillaume Daudin. Paying transaction costs. 2006. ⟨hal-01065638⟩

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