Jarosław Plichta (2019/3, Articles,
Measurement of Transaction Costs: Different Approaches and Research Perspective
The aim of the article is to present various approaches to measuring transaction costs at both micro- and macroeconomic levels, and a proposal for the direction of integrating research in this field. The study of transaction costs conducted since the 1970s brought a number of inspiring conclusions regarding the role of such costs in the economy, indicating their key importance in the (...)