Encyclopedia of Law & Economics - 0740 Transaction Costs

Ackerlof, George A. (1970), 'The Market for Lemons: Qualitative Uncertainty and the Market Mechanism', 84 Quarterly Journal of Economics , 488-500.

Aivazian, Varouj A. and Callen, Jeffrey L. (1980), 'Uncertain Externalities, Liability Rules and Resource Allocation: Comment', 70 American Economic Review , 1058-1059.

Aivazian, Varouj A. and Callen, Jeffrey L. (1981), 'The Coase Theorem and the Empty Core', 24 Journal of Law and Economics , 175-181.

Aivazian, Varouj A., Callen, Jeffrey L. and Lipnowski, Irwin F. (1988), 'The Coase Theorem and Coalitional Stability', 54 Economica , 517-520.

Aiyagari, S.R. and Gerler, M. (1991), 'Asset Returns With Transactions Costs and Uninsured Individual Risk', 27 Journal of Monetary Economics , 311-331.

Alchian, Armen A. (1958), 'Private Property and the Relative Cost of Tenure', in Bradley, P. (ed.), The public Stake in Union Power , Charlottesville (VA), University Press of Virginia, 350-371.

Alchian, Armen A. (1961), Some Economics of Property Rights , Rand Paper, Rand Corporation.

Alchian, Armen A. (1977), 'Why Money?', 9 Journal of Money, Credit, and Banking , 133-140.

Alchian, Armen A. (1979), 'Some Implications of Recognition of Property Right Transaction Costs', in Brunner, K. (ed.), Economics and Social Institutions , Boston, 233-252.

Alchian, Armen A. and Allen, W. (1964), University Economics , Belmont, Wadsworth Publishing Co..

Alchian, Armen A. and Demsetz, Harold (1972), 'Production, Information Costs, and Economic Organization', 62 American Economic Review , 777-795.

Alchian, Armen A. and Kessel, R. (1962), Aspects of Labor Economics (Competition, Monopoly and the Pursuit of Money) , Princeton, Princeton University Press.

Alchian, Armen A. and Woodward, S. (1988), 'Review of Williamson's "The Economic Institutions of Capitalism"', 26 Journal of Economic Literature , 65-79.

Alfaro Aguila-Real, Jesœs (1996), 'Los costes de transacci—n (Transaction Costs)', in MenŽndez, Aurelio (ed.), Estudios Homenaje , Madrid, Tomo I, 131-162.

Allen, Douglas W., 'Property Rights, Transaction Costs, and Coase: One More Time', in Medema, Steven G. (ed.), Coasean Economics , Dordrecht, Kluwer Academic Publishers.

Allen, Douglas W. (1990), 'In Inquiry Into the State's Role in Marriage', 13 Journal of Economic Behavior and Organization , 171-191.

Allen, Douglas W. (1991), 'What are Transaction Costs?', 14 Research in Law and Economics , 1-18.

Allen, Douglas W. and Lueck, D. (1992), 'The Back-Forty on a handshake: Specific Assets, Reputation, and the Structure of Farmland Contracts', 8 Journal of Law, Economics, and Organization , 366-377.

Allen, Douglas W. and Lueck, D. (1993), 'Transaction Costs and the Design of Cropshare Contracts', 24 Rand Journal of Economics , 78-100.

Allen, Douglas W. and Lueck, Dean (1992), 'Contract Choice in Modern Agriculture: Cash Rent versus Cropshare', 35 Journal of Law and Economics , 397-426.

Alston, L. and Higgs R. (1982), 'Contractual Mix in Southern Agricultre since the Civil War: Facts, Hypothese, and Tests', 42 Journal of Economic History , 327-353.

Alston, L., Datta, S. and Nugent, J. (1984), 'Tenancy Choice in a Competitive Framework with Transaction Costs', 92 Journal of Political Economy , 1121-1133.

Andersen, E. (1988), 'Transaction Costs as Determinants of Opportunism in Integrated and Independent Sales Forces', 9 Journal of Economic Behavior and Organization , 242-264.

Anderson, Terry L. and Lueck, Dean (1992), 'Land Tenure and Agricultural Productivity on Indian Reservations', 35 Journal of Law and Economics , 427-454.

Barzel, Y (1987), 'Knight's "Moral Hazard" Theory of Organization', 25 Economic Inquiry , 117-120.

Barzel, Yoram (1976), 'An Alternative Approach to the Analysis of Taxation', 84 Journal of Political Economy , 1177-1197.

Barzel, Yoram (1977), 'Some Fallacies in the Interpretation of Information Costs', 20 Journal of Law and Economics , 291-307.

Barzel, Yoram (1982), 'Measurement Cost and the Organisation of Markets', 25 Journal of Law and Economics , 27-48.

Barzel, Yoram (1985), 'Transaction Costs: Are They Just Costs?', 141 Journal of Institutional and Theoretical Economics , 4-16.

Barzel, Yoram (1989), Economic Analysis of Property Rights , Cambridge, Cambridge University Press, 122 p.

Barzel, Yoram and Kochin, L. (1992), 'Ronald Coase on the Nature of Social Cost as a Key to the Problem of the Firm', 94 Scandinavian Journal of Economics , 19-31.

Baumol, William J. (1952), 'The Transactions Demand for Cash: An Inventory Theoretic Approach', 66 Quarterly Journal of Economics , 545-556.

Bensaid, B., Lesne, J.P. and Pages, H. (1992), 'Derivative Asset Pricing with Transaction Costs', 2 Mathematical Finance , 63-86.

Bergstrom, T. (ed.) (1976), 'How to Discard "Free Disposability" - At No Cost', 3 Journal of Mathematical Economics , 131-134.

Blackstone, W. (1803), Commentaries on the Laws of England , London, Strahan.

Bowers, James W. (1993), 'The Fantastic Wisconsylvania Zero-Bureaucratic-Cost School of Bankruptcy Theory: A Comment', 91 Michigan Law Review , 1773 ff.

Boyle, P.P. and Vorst, Ton (1992), 'Option Replication in Discrete Time with Transaction Costs', 47 Journal of Finance , 271-293.

Breeden, Charles H. and Toumanoff, Peter G. (1984), 'Transaction Costs and Economic Institutions', in Leube, K.R. and Zlabinger, A.H. (eds.), The Political Economy of Freedom , MŸnchen, Philosophia Verlag, 161-177.

Brennan, Michael J. (1975), 'The Optimal Number of Securities in a Risky Asset Portfolio When There Are Fixed Costs of Transaction: Theory and Some Empirical Results', 10 Journal of Financial and Quantitative Analysis , 483-496.

Brennan, Michael J. and Copeland, T.E. (1988), 'Stock Splits, Stock Prices and Transaction Costs', 22 Journal of Financial Economics , 83-101.

Brinig, Margaret F. (1990), 'Rings and Promises', 6 Journal of Law, Economics, and Organization , 203-215.

Brinig, Margaret F. (1993), 'The Law and Economics of No-Fault Divorce', 27 Family Law Quarterly , 453-470.

Brinig, Margaret F. (1994), 'The Effect of Transactions Costs on the Market for Babies', 18 Seton Hall Journal on Legislation , 553-579.

Brinig, Margaret F. and Alexeev, Michael V. (1991), 'Legal Rules, Bargaining and Transactions Costs: The Case of Divorce', in Nagel, Stuart and Mills, Miriam K. (eds.), Systematic Analysis in Dispute Resolution , New York, Quorum Books, 91-105.

Brinig, Margaret F. and Alexeev, Michael V. (1993), 'Trading at Divorce: Preferences, Legal Rules and Transaction Costs', 8 Ohio State Journal on Dispute Resolution , 279-297.

Brinig, Margaret F. and Alexeev, Michael V. (1995), 'Fraud in Courtship: Annulment and Divorce', 2 European Journal of Law and Economics , 45-63.

Brousseau, Eric (1993), 'Les Theories des Contrats: Une Revue', 103(1) Revue d'Economie Politique , 1-82.

Brousseau, Eric (1993), L'economie des contrats; technologies de l'information et coordination interentreprises , Paris, Presses Universitaires de France (PUF).

Brousseau, Eric (1995), 'Contracts as Modular Mechanisms: Some Propositions for the Study of 'Hybrid Forms'', 2(3) International Journal of the Economics of Business , 409-439.

Brousseau, Eric and Bessy, Christian (1997), 'Brevet, Protection et Diffusion des Connaissances: une Relecture Neo-institutionnelle des Proprietes de la Regle de Droit', 79(S) Revue d'Economie Industrielle , 233-254.

Brousseau, Eric and Bessy, Christian (1997), The Governance of Intellectual Property Rights: Patents and Copyrights in France and in the US , Inaugural Conference for the International Society for New Institutional Economics, The Present and Future of the New Institutional Economics, Washington University, St. Louis, Missouri, USA, Sept. 19-21, 1997.

Brousseau, Eric and Bessy, Christian (1997), Technology Licensing Contracts: Features and Diversity , 14th Conference of the European Association of Law and Economics (EALE), Universitat Pompeu Fabra, Barcelona, Spain, Sept. 4-6, 1997.

Campbell, David (1996), 'On What is Valuable in Law and Economics', 8 Otago Law Review , 489-514.

Centner, Terence J. (1985), 'Are FmHA Loans Entitlements Protected by the Due Process Clause?', 34 Drake Law Review , 389-427.

Centner, Terence J. and Wetzstein, Michael E. (1987), 'Reducing Moral Hazard Associated With Implied Warranties of Animal Health', 68 American Journal of Agricultural Economics , 143-150.

Centner, Terence J. and Wetzstein, Michael E. (1988), 'Reducing Moral Hazard Associated With Implied Warranties of Animal Health: Reply', 70 American Journal of Agricultural Economics , 413-414.

Centner, Terence J. and White, F.C. (1987), 'FmHA's Efforts Against Delinquent Borrowers: Property Interests and Transaction Costs.', 12 Western Journal of Agricultural Economics , 35-41.

Cheung, Steven N.S. (1969), A Theory of Share Tenancy , Chicago, University of Chicago Press, 188 p.

Cheung, Steven N.S. (1970), 'The Structure of a Contract and the Theory of a Non-exclusive Resource', 13 Journal of Law and Economics , 49-70.

Cheung, Steven N.S. (1974), 'A Theory of Price Control', 17 Journal of Law and Economics , 53-71.

Cheung, Steven N.S. (1978), The Myth of Social Costs: A Critique of Welfare Economics and the Implications for Public Policy , London, Institute of Economic Affairs, 93 p.

Cheung, Steven N.S. (1983), 'The Contractual Nature of the Firm', 26 Journal of Law and Economics , 1-21.

Cheung, Steven N.S. (1992), 'On the New Institutional Economics', in Werin, Lars and Wijkander, Hans (eds.), Contract Economics , Oxford, Blackwell, 48-65.

Chianale, Angelo (1992), L'atto pubblico: contributo allo studio dei costi transattivi (The document under the seal of a public officer: contribution to the study of transaction costs) , Torino, Giappichelli.

Chianale, Angelo (1992), L'atto pubblico: contributo allo studio dei costi transattivi (The document under the seal of a public officer: contribution to the study of transaction costs) , Torino, Giappichelli.

Chisholm, Darlene C. (1997), 'Profit-Sharing Versus Fixed-Payment Contracts: Evidence From the Motion Pictures Industry', 13 Journal of Law, Economics, and Organization , 169-201.

Coase, Ronald H. (1937), 'The Nature of the Firm', 4 Economica , 386-405. Reprinted in Kronman, Anthony T. and Posner, Richard A. (eds.), The Economics of Contract Law, Boston, Little Brown, 1979, 31-32.

Coase, Ronald H. (1959), 'The Federal Communications Commission', 2 Journal of Law and Economics , 1-40.

Coase, Ronald H. (1960), 'The Problem of Social Cost', 3 Journal of Law and Economics , 1-44. Reprinted in Ackermann, Bruce A., Economic Foundations of Property Law,Boston,Little Brown,1975,17-22. Reprinted in Medema, Steven G.,The Legacy of Ronald Coase in Economic Analysis,Vol.2,Aldershot,Edward Elgar Publishig, 1995, 5-48. Reprinted in Coase, Ronald H., The Firm, the Market and the Law, Chicago, University of Chicago Press, 1988.

Coase, Ronald H. (1988), The Firm, the Market and the Law , Chicago, University of Chicago Press, 217 p.

Coase, Ronald H. (1991), 'The Institutional Structure of Production', in Coase, Ronald H. (ed.), Essays on Economics and Economists , Chicago (IL), University of Chicago Press.

Coase, Ronald H. (1992), 'The Institutional Structure of Production', 82(4) American Economic Review , 713-719.

Coelho Philip R. P. (1975), 'Externalities, Liability Separability and Resource Allocation : Comment', 65 American Economic Review , 721-723.

Cohen, Lloyd R. (1991), 'Holdouts and Free Riders', 20 Journal of Legal Studies , 351-362.

Constantinides, G.M. (1976), 'Optimal Portfolio Revision with Prportional Transaction Costs: Extension to HARA Utility Functions and Exogenous Deterministic Income', 22 Management Science , 921-923.

Constantinides, G.M. (1979), 'Mutiperiod Consumption and Investment Behavior with Convex Transaction Costs', 25 Management Science , 1127-1137.

Constantinides, G.M. (1986), 'Capital Market Equilibrium with Transaction Costs', 94 Journal of Political Economy , 842-862.

Cooter, Robert D. (1982), 'The Cost of Coase', 11 Journal of Legal Studies , 1-33. Reprinted in Donahue, Charles Jr., Kauper, Thomas E. and Martin, Peter W.,Property: An Introduction to the Concept and the Institution,1992. Reprinted in Ackerman, Bruce, Ellickson, Robert and Rose, Carol, Foundations of Property Law, 1995. Medema, Steven G., The Legacy of Ronald Coase in Economic Analysis, Aldershot, Edward Elgar Publishing, 96-128.

Copeland, T.E. and Galai, D. (1983), 'Information Effects on the Bid Ask Spread', 38 Journal of Finance , 1457-1469.

Crew, M.A. and kleindorfer, D.R. (1985), 'Governance Costs or Rate-of-Retrun Regulation', 141 Journal of Theoretical and Institutionla Economics , 104-123.

Crocker, Keith J. and Masten, Scott E. (1988), 'Mitigating Contractual Hazards: Unilateral Options and Contract Length', 19 Rand Journal of Economics , 327-343.

Crocker, Keith J. and Masten, Scott E. (1991), 'Pretia ex Machina? Prices and Process in Long-Term Contracts', 34 Journal of Law and Economics , 69-99.

Davis, L. (1986), 'Comment', in Gallman (ed.), Long Term Factors in American Economic Growth , Chicago, University of Chicago Press, 149-161.

Davis, M.H. and Norman, A.R. (1990), 'Portfolio Selection with Transaction Costs', 15 Mathematical Operations Research , 676-713.

Demsetz, H. (1969), 'Information and Efficiency: Another Viewpoint', Journal of Law and Economics , 1-22.

Demsetz, Harold (1964), 'The Exchange and Enforcement of Property Rights', 7 Journal of Law and Economics , 11-26.

Demsetz, Harold (1967), 'Toward a Theory of Property Rights', 57 American Economic Review , 347-359. Reprinted in Demsetz, Harold (1988), Ownership, Control and the Firm: The Organization of Economic Activity, Vol. I, Cambridge: Basil Blackwell, 104-116

Demsetz, Harold (1968), 'The Cost of Transacting', 82 Quarterly Journal of Economics , 33-53.

Demsetz, Harold (1972), 'When Does the Rule of Liability Matter ?', 1 Journal of Legal Studies , 13-28.

Demsetz, Harold (1988), 'The Theory of the Firm Revisited', 4 Journal of Law, Economics, and Organization , 141-161.

Demsetz, Harold (1995), The Economics of the Business Firm , Cambridge, Cambridge University Press.

Dermody, J.C. and Prisman, E.Z. (1993), 'No Arbitrage and Valuation in Markets with Realistic Transaction Costs', 28 Journal of Financial and Quantitative Analysis , 65-80.

Dewatripont, Mathias (1989), 'Renegotiation and Information Revelation over Time: The Case of Optimal Labor Contracts', 103 Quarterly Journal of Economics , 589-619.

Dnes, Antony W. (1992), ''Unfair' Practices and Hostages in Franchise Contracts', 148 Journal of Institutional and Theoretical Economics , 484-504.

Dnes, Antony W. (1993), 'A Case-Study Analysis of Franchise Contracts', 22 Journal of Legal Studies , 367-393.

Dnes, Antony W. (1996), 'The Economic Analysis of Franchise Contracts', 152 Journal of Institutional and Theoretical Economics , 297-324.

Donohue, John J. III (1989), 'Diverting the Coasian River: Incentive Schemes to Reduce Unemployment Spells', 99 Yale Law Journal , 549-609.

Dudek, Daniel J. and Wiener, Jonathan Baert (1996), Joint Implementation, Transaction Costs, and Climate Change , Paris, OECD.

Dugger, William M. (1983), 'The Transaction Cost Analysis of O.E. Williamson: A New Synthesis?', 17 Journal of Economic Issues , 95-114.

Dumas, B. and Luciano, E. (1991), 'An Exact Solution to a Dynamic Portfolio Choice Problem under Transactions Costs', 46 Journal of Finance , 577-595.

Edirisinghe, C., Naik, V. and Uppal, R. (1993), 'Optimal Replication of Options with Transactions Costs and Trading Restrictions', 28 Journal of Financial and Quantitative Analysis , 117-138.

Eggertsson, Thrainn (1990), Economic Behaviour and Institutions , Cambridge, Cambridge University Press, 385 p.

Eggertsson, Thrainn (1990), 'The Role of Transaction Costs and Property Rights in Economic Analysis', 34 European Economic Review , 450-457.

Ellickson, Robert C. (1991), Order Without Law: How Neighbours Settle Disputes , Cambridge (MA), Harvard University Press.

Eppen, G. and Fama, Eugene F. (1969), 'Cash Balance and Simple Dynamic Portfolio Problems with Proportional Costs', 10 International Economic Review , 119-133.

Eswaran, Mukesh and Kotwal, A. (1985), 'A Theory of Contractual Structure in Agriculture', 75 American Economic Review , 352-367.

Fischel, William A. (1980), 'Externalities and Zoning', 35 Public Choice , 37-43.

Fishback, Price V. (1986), 'Did Coal Miners Owe Their Souls to the Company Store? Theory and Evidence from the Early 1900s', 46 Journal of Economic History , 1011-1029.

Fishback, Price V. (1992), 'The Economics of Company Housing: Historical Perspectives from the Coal Fields', 8 Journal of Law, Economics, and Organization , 346-365.

Fisher, S. (1994), 'Asset Trading, Transaction Costs and the Equity Premium', 9 Journal of Applied Econometrics , 571-594.

Foley, D.K. (1970), 'Economic Equilibrium with Costly Marketing', 2 Journal of Economic Theory , 276-291.

Frech, H. Edward III (1973), 'Pricing of Pollution: The Coase Theorem in the Long Run', 4(1) Bell Journal of Economics , 316-319.

Frech, H. Edward III (1979), 'The Extended Coase Theorem and Long Run Equilibrium: The Non-Equivalence of Liability Rules and Property Rights', 27(1) Economic Inquiry , 254-268.

Freixas, X., Guesnerie, Roger and Tirole, Jean (1985), 'Planning Under Incomplete Information and the Ratchet Effect', 52 Review of Economic Studies , 173-191.

Frenkel, Jacob A. and Levich, R.M. (1975), 'Covered Interest Arbitrage: Unexploited Profits', 83 Journal of Political Economy , 325-338.

Frey, Bruno S. (1985), 'Comment on Barzel, Transaction Costs: Are They Just Costs?', 141 Journal of Institutional and Theoretical Economics , 17-20.

Gemtos, Petros A. (1991), 'Thesmikes Analyseis sten Oikonomike: E Theoria ton Praxiakon Dikaiomaton (Institutional Analyses in Economics: The Property Rights Theory)', 4 Aissymnetes , 27-48.

Gennotte, G. and Jung, A. (1994), 'Investment Strategies under Transaction Costs: The Finite Horizon Case', 40 Management Science , 385-404.

George, T.J., Kaul, G. and Nimalendran, M. (1994), 'Trading Volume and Transaction Costs in Specialist Markets', 49 Journal of Finance , 1489-1505.

Globerman, S. (1980), 'Markets, Hierarchies and Innovation', 14 Journal of Economic Issues , 977-998.

Globerman, S. and Schwindt, R. (1986), 'The Organization of Vertically Related Transactions in the Canadian Forest Products Industries', 7 Journal of Economic Behavior and Organization , 199-212.

Glosten, L. and Milgrom, Paul R. (1985), 'Bid, Ask and Transaction Prices in a Specialist Market with Heterogeneously Informed Traders', 14 Journal of Financial Economics , 71-100.

Goldberg, Victor P. (1984), 'Production Functions, Transactions, Costs, and the New Institutonalism', in Goldberg, Victor P. (ed.), Readings in the Economics of Contract Law , Cambridge, Cambridge University Press, 21-23. Reprinted in Feiwel, George (Ed.), Issues in Contemporary Microeconomics Macmillan Press 395-402.

Goldberg, Victor P. and Erickson, John R. (1987), 'Quantity and Price Adjustments in Long-Term Contracts: A Case Study of Petroleum Coke', 30 Journal of Law and Economics , 369-398.

Goldsmith, D. (1976), 'Transaction Costs and the Theory of Portfolio Selection', 31 Journal of Finance , 1127-1139.

Grossman, Sanford J. and Hart, Oliver D. (1986), 'The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration', 94 Journal of Political Economy , 691-719.

Guia-Abiad, V. (1993), 'Borrower Transaction Costs and Credit Rationing in Rural Financial Markets: The Philippine Case', 31 Developing Economies , 208-219.

Hahn, F.H. (1971), 'Equilibrium with Transaction Costs', 39 Econometrica , 417-439.

Hahn, F.H. (1973), 'On Transaction Costs, Inessential Sequence Economies and Money', 40 Review of Economic Studies , 449-461.

Hall, Christopher D. (1986), 'Market Enforced Information Asymmetry: A Study of Claiming Races', 24 Economic Inquiry , 271-291.

Hansen, Robert G. and Thomas, Randall S. (1992), 'An Auction - Theoretic Analysis of Corporate Auctioneer's Liability Regimes', 4 Wisconsin Law Review .

Hart, D. and Kuhn, H. (1975), 'A Proof of Existence of Equilibrium Without the Free Disposal Assumption', 2 Journal of Mathematical Economics , 335-343.

Hart, Oliver D. and Moore, John (1990), 'Property Rights and the Nature of the Firm', 98 Journal of Political Economy , 1119-1158.

Heller, W. and Starr, R. (1976), 'Equilibrium with Non-convex Transaction Costs: Monetary and Non-monetary Economies', 43 Review of Economic Studies , 195-215.

Hennart, Jean-Franois, Anderson, E. and Anderson, Erin (1993), 'Countertrade and the Minimization of Transaction Costs: An Empirical Examination', 9 Journal of Law, Economics, and Organization , 290-313.

Hess, James D. (1990), 'A Comparison of Alternative Approaches to Economic Organization: Comment', 146 Journal of Institutional and Theoretical Economics , 72-75.

Hicks, John R. (1935), 'A Suggestion for Simplifying the Theory of Money', 2 Economica , 1-19.

Hirshleifer, Jack (1973), 'Exchange Theory: The Missing Chapter', 11 Western Economic Journal , 129-146.

Holm, Hakan J. (1995), 'Computational Cost of Verifying Enforceable Contracts', 15 International Review of Law and Economics , 127-140.

Holmstrom, B. (1979), 'Moral Hazard and Observability', Bell Journal of Economics , 74-91.

Holmstršm, Bengt (1982), 'Moral Hazard in Teams', 13 Bell Journal of Economics , 324-340.

Holmstršm, Bengt and Milgrom, Paul R. (1991), 'Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design', 7 Journal of Law, Economics, and Organization , 24-52.

Holmstršm, Bengt and Milgrom, Paul R. (1994), 'The Firm as an Incentive System', 84 American Economic Review , 972-991.

Huberman, Gur (1990), 'Dividend Neutrality with Transaction Costs', 63 Journal of Business , 93-107.

Hutter, Michael (1986), 'Transaction Cost and Communication', in Graf Von Der Schulenburg, J.-Matthias and Skogh, Gšran (eds.), Law and Economics and The Economics of Legal Regulation , Dordrecht, Kluwer, 113-129.

Hwang, Chun-Sin and Kan, Steven S. (1994), Principles of Economics, Cooperating for Mutual Prosperity and Progress (in Chinese) , Published by the authors and distributed by Shin Lu Bookstore, Taipei.

Hwang, Chun-Sin and Kan, Steven S. (1995), 'Democracy and the Principle for the Division of Labor in Government Organization (in Chinese)', in Chien, Sechin Y.S. and Tai, Terence H. (eds.), Philosophy and Public Norms , Taipei, Academia Sinica, Sun Yat-sen Institute for Social Sciences and Philosophy, 163-200.

Jensen, M and Meckling, W. (1976), 'Theory of the Firm: Manegerial Behavior, Agency Costs, and Ownership Structure', 3 Journal of Financial Economics , 305-360.

Johnsen, D. Bruce (1992), 'The Incentive Effects of Soft Dollar Brokerage', in Lehn, Kenneth and Kamphuis, Robert (eds.), Modernizing US Securities Regulations: Economic and Legal Perspectives , 511-519.

Johnsen, D. Bruce (1994), 'Property Rigths to Investment Tesearch: The Agency Costs of Soft Dollar Brokerage', 11 Yale Journal on Regulation , 75-113.

Johnsen, D. Bruce, and (1995), 'The Quasi-Rent Structure of Corporate Enterprise: A Transaction Cost Theory', 44 Emory Law Journal , 1277 ff.

Johnsen, D. Bruce, Habib, Michel A. and Naik, Narayan Y., 'Spin-offs and Information', Journal of Financial Intermediation .

Joskow, Paul L. (1985), 'Vertical Integration and Long-Term Contracts: The Case of Coal-Burning Electric Generating Plants', 1 Journal of Law, Economics, and Organization , 33-80.

Joskow, Paul L. (1987), 'Contract Duration and Relationship- Specific Investments: Empirical Evidence from Coal Markets', 77 American Economic Review , 168-185.

Joskow, Paul L. (1988), 'Price Adjustment in Long-Term Contracts: The Case of Coal', 31 Journal of Law and Economics , 47-83.

Joskow, Paul L. (1990), 'The Performance of Long-term Contracts: Further Evidence from Coal Markets', 21 Rand Journal of Economics , 251-274.

Jouini, E. and Kallal, H. (1995), 'Martingales and Arbitrage in Securities Markets with Transaction Costs', 66 Journal of Economic Theory , 178-197.

Kamin, J.H. (1975), 'Optimal Portfolio Revision with a Proportional Transaction Cost', 21 Management Science , 1263-1271.

Kan, Steven S. (1993), 'Entrepreneurship, Transaction Costs, and Subjectivist Economics', 1(2) Journal of Enterprising Culture , 159-182.

Kan, Steven S. and Hsiao, Ding-Way (1996), 'Contracts in Tsing Dynasty to Build Irrigation System at Lan-Yang Plain : A Transaction Cost Analysis', 59 Journal of Agricultural Economics (Chinese) , 111-157.

Kan, Steven S. and Hwang, Chun-Sin (1994), Principles of Economics: Cooperating for Mutual Prosperity and Progress (in Chinese) , Published by the authors and distributed by Shin Lu Bookstore, Taipei.

Kan, Steven S. and Hwang, Chun-Sin (1996), 'A Form of Government Organization from the Perspective of Transaction Cost Economics', 7 Constitutional Political Economy , 197-220.

Kaplow, Louis and Shavell, Steven (1996), 'Property Rules versus Liability Rules: An Economic Analysis', 109 Harvard Law Review , 713-790.

Kelman, Mark G. (1979), 'Consumption Theory, Production Theory and Ideology in the Coase Theorem', 52 Southern California Law Review , 669-698.

Kitch, Edmund W. (ed.) (1983), 'The Fire of Truth: A Remembrance of Law and Economics at Chicago, 1932-1970', 26 Journal of Law and Economics , 163-233.

Klein, Benjamin and Leffler, Keith B. (1981), 'The Role of Market Forces in Assuring Contractual Performance', 89 Journal of Political Economy , 615-641.

Klein, Benjamin, Crawford, Robert G. and Alchian, Armen A. (1978), 'Vertical Integration, Appropriable Rents, and the Competitive Contracting Process', 21 Journal of Law and Economics , 297-326.

Kurz, M. (1974), 'Equilibrium in a Finite Sequence of Markets with Transaction Costs', 42 Econometrica , 1-20.

Kurz, M. (1974), 'Arrow-Debreu Equilibrium of an Exchange Economy with Transaction Costs', 15 International Economic Review , 699-717.

Lafontaine, Francine (1993), 'Contractual Arrangements as Signaling Devices: Evidence from Franchising', 9 Journal of Law, Economics, and Organization , 256-289.

Landa, Janet T. (1994), Trust, Ethnicity and Identity: Beyond the New Institutional Economics of Ethnic Trading Networks, Contract Law and Gift-Exchange , Ann Arbor, University of Michigan Press.

Leffler, Keith B. and Rucker, Randal, R. (1991), 'Transaction Costs and the Organization of Production: Timber Contracts', Journal of Political Economy , 1060-1087.

Leland, Hayne E. (1974), 'On Consumption and Portfolio Choices with Transaction Costs', in Balch, McFadden and Wu (eds.), Essays on Economic Behavior under Uncertainty , Amsterdam, North-Holland, 184-191.

Leland, Hayne E. (1985), 'Option Pricing and Replication with Transaction Costs', 11 Journal of Finance , 1283-1301.

Lemley, Mark A. (1997), 'The Economics of Improvement in Intellectual Property Law', 75 Texas Law Review , 989 ff.

Levy, David T. (1985), 'The Transactions Cost Approach to Vertical Integration: An Empirical Examination', 67 Review of Economics and Statistics , 438-445.

Levy, H. (1985), 'Equlibrium in an Imperfect Market: A Constraint on the Number of Securities in the Portfolio', 68 American Economic Review , 643-658.

Litzenberger, R.H. and Rolfo, J. (1984), 'Arbitrage Pricing, Transaction Costs and Taxation of Capital Gains: A Study of Government Bonds With the Same Maturity Date', 13 Journal of Financial Economics , 337-361.

Lueck, Dean (1991), 'Ownership and the Regulation of Wildlife', 29 Economic Inquiry , 249-260.

Lueck, Dean and Allen, Douglas W. (1993), 'Transaction Costs and the Design of Cropshare Contracts', 24(1) Rand Journal of Economics , 78-100.

Lund, J.R. (1993), 'Transaction Risk Versus Transaction Costs in Water Transfers', 29 Water Resources Research , 3103-3107.

MacKaay, Ejan (1979), 'The Costliness of Information and its Effects on the Economic Analysis of Law', in Ziegel, Jacob B. (ed.), Proceedings of the Seventh Annual Workshop on Commercial and Consumer Law , Toronto, Canada Law Book.

Magill, M.J.P. and Constantinides, G.M. (1976), 'Portfolio Selection with Transactions Costs', 13 Journal of Economic Theory , 245-263.

Mahoney, J. (1992), 'The Choice of Organizatinonal Form: Vertical Financial Ownership versus Other Methods of Vertical Integration', 13 Strategic Management Journal .

Mahoney, J. (1992), 'The Choice of Organizatinonal Form: Vertical Financial Ownership versus Other Methods of Vertical Integration', 13 Strategic Management Journal .

Malkiel, B.G. (1966), The Term Structure of Interest Rates: Expectations and Behavior Patterns , Princeton, Princeton University Press.

Masten, Scott E. (1984), 'The Organisation of Production: Evidence from the Aerospace Industry', 27 Journal of Law and Economics , 403-417.

Masten, Scott E. and Crocker, Keith J. (1985), 'Efficient Adaptation in Long-Term Contracts: Take-or-Pay Provisions for Natural Gas', 75 American Economic Review , 1083-1093.

Masten, Scott E., Meehan, James W., Jr. and Snyder, Edward A. (1989), 'Vertical Integration in the U.S. Auto Industry: A Note on the Influence of Transaction Specific Assets', 12 Journal of Economic Behavior and Organization , 265-273.

Masten, Scott E., Meehan, James W., Jr. and Snyder, Edward A. (1991), 'The Costs of Organization', 7 Journal of Law, Economics, and Organization , 1-25.

Mayshar, J. (1979), 'Transaction Costs in a Model of Capital Market Equilibrium', 87 Journal of Political Economy , 673-700.

Mayshar, J. (1981), 'Transaction Costs and the Pricing of Assets', 36 Journal of Finance , 583-597.

McKenzie, L. (1981), 'The Classical Theorems on Existence of Competitive Equilibrium', 49 Econometrica , 819-841.

McManus, J. (1975), 'The Cost of Alternative Economic Organizations', 8 Canadian Journal of Economics , 334-350.

Medema, Steven G. (1994), Ronald H. Coase , London, MacMillan.

Medema, Steven G. (1995), 'Through A Glass Darkly, or Just Wearing Dark Glasses? Posin, Coase, and the Coase Theorem', 62 Tennessee Law Review , 1041-1056.

Medema, Steven G. (1996), 'The Coase Theorem', in Coopera and Argyris (eds.), The Encyclopedia of Managerial Economics , Oxford, Basil Blackwell.

Medema, Steven G. (1996), 'Comment: The Coase Theorem, Rent Seeking, and the Forgotten Footnote', (forthc.) International Review of Law and Economics .

Medema, Steven G. (1996), 'Of Pangloss, Pigouvians, and Pragmatism: Ronald Coase on Social Cost Analysis', 18 Journal of the History of Economic Thought , 96-114.

Medema, Steven G. (ed.) (1995), The Legacy of Ronald Coase in Economic Analysus ,.

Milgrom, Paul R. and Roberts, Mark J. (1992), Economics, Organization and Management , Englewood Cliffs (NJ), Prentice-Hall.

Milovanovic Milic (1994), 'Privatizacija i ekonomska efikasnost (Privatization and Economic Efficiency)', 1-2 Ekonomska misao , 1-20.

Modigliani, Franco and Miller, Merton H. (1958), 'The Cost of Capital, Corporation Finance and the Theory of Investment', 48 American Economic Review , 261-297.

Monteverde, Kirk and Teece, David J. (1982), 'Appropriable Rents and Quasi-Vertical Integration', 25 Journal of Law and Economics , 321-328.

Mukherjee, R. and Zabel, E. (1974), 'Consumption and Portfolio Choices with Transaction Costs', in Balch, McFadden and Wu (eds.), Essays on Economic Behavior under Uncertainty , Amsterdam, North-Holland.

Niehans, J. (1969), 'Money in a Static Theory of Optimal Payment Arrangements', 1 Journal of Money, Credit, and Banking , 706-726.

Niehans, J. (1971), 'Money and Barter in General Equilibrium with Transaction Costs', 61 American Economic Review , 773-783.

Niehans, J. (1987), 'Transaction Costs', in Eatwell, John, Milgate, Murray and Newman, Peter (eds.), The New Palgrave: A Dictionary of Economics , London, MacMillan, 676-679.

North, Douglass C. (1981), Structure and Change in Economic History , New York, W.W. Norton.

North, Douglass C. (1990), Institutions, Institutional Change and Economic Performance , Cambridge, Cambridge University Press.

North, Douglass C. and Weingast, Barry R. (1989), 'Constitutions and Commitment: The Evolution of Institutions Governing Public Choice in Seventeenth Century England', 49 Journal of Economic History , 803-832.

Olson, A. (1987), 'Leaving Liablity Alone', Wall Street Journal , 18 ff.

Ott, Claus (1991), 'Vorvertragliche AufklŠrungspflichten im Recht des GŸter- und Leistungsaustausches (Precontractual Obligation to Provide Information i)', in Ott, Claus and SchŠfer, Hans-Bernd (eds.), …konomische Probleme des Zivilrechts , Berlin, Springer, 142-162.

Parkman, Allen M. (1992), 'Unilateral Divorce and the Labor-Force Participation Rate of Married Women Revisited', 82 American Economic Review , 671-678.

Pesaran, M.H. and Timmermann, A. (1994), 'Forecasting Stock Returns: An Examination of Stock Market Trading in the Presence of Transacton Costs', 13 Journal of Forecasting , 335-367.

Phillips, S.M. and Smith, C.W., Jr. (1980), 'Trading Costs for Listed Options: The Implications for Market Efficiency', 8 Journal of Financial Economics , 179-201.

Protopapadakis, A and Stoll, H.R. (1983), 'Trading Costs for Listed Prices and the Law of One Price', 38 Journal of Finance , 1431-1455.

Protopapadakis, A. and Stoll, H.R. (1983), 'Spot and Futures Prices and the Law of One Price', 38 Journal of Finance , 1431-1455.

Provencher, Bill (1991), A Quantitative Analysis of Private Property Rights in Groundwater , University of California, Davis, Ph.D. Dissertation.

Radner, Roy (1972), 'Existence of Equilibrium of Plans, Prices and Price Expectations in a Sequence of Markets', 40 Econometrica , 289-303.

Repullo, R. (1988), 'The Core of an Economy with Transaction Costs', 40 Review of Economic Studies , 447-458.

Ricardo, D. (1951), 'Funding System', in Straffa, P. (ed), The Works and Correspondence of David Ricardoa , Cambridge, Cambridge University Press.

Rothschild, Michael and Stiglitz, Joseph E. (1976), 'Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information', 90 Quarterly Journal of Economics , 629-649.

Rubin, Paul H. (1990), Managing Business Transactions , New York, Free Press.

Ryssdal, Stray A.C. (1995), Legal Realism & Economics as Behavior - A Scandinavian Look at the Economic Analysis of Law , Oslo, Juridisk Forlag.

Samuels, Warren J. (1974), 'The Coase Theorem and the Study of Law and Economics', 14 Natural Resources Journal , 1-33.

Schlag, Pierre (1989), 'The Problem of Transaction Costs', 62 Southern California Law Review , 1661-1699.

Schmidtchen, Dieter (1989), 'Evolutorische Ordnungstheorie oder: die Transaktionskosten und das Unternehmertum (The Theory of Evolutionary Order, or: Transaction Costs and Entrepreneurship)', Ordo: Jahrbuch fŸr die Ordnung von Wirtschaft und Gesellschaft , 161-182.

Schultz, P. (1983), 'Transaction Costs and the Small Firm Effect', 12 Journal of Financial Economics , 81-88.

Shaffer, S. (1983), 'Structuring an Option to Facilitate Replication with Transaction Costs', 31 Economic Letters , 183-187.

Shapiro, David L. (1974), 'Rent and the Coase Theorem', 7(1) Journal of Economic Theory , 125-128.

Shavell, Steven (1979), 'Risk Sharing and Incentives in the Principal and Agent Relationship', 10 Bell Journal of Economics , 55-73.

Shelanski, H and P. Klein (1995), 'Empirical Research in Transaction Cost Economics: A Review and Assessment', 11 Journal of Law, Economics, and Organization , 335-361.

Smiley, Robert H. (1976), 'Tender Offers, Transactions Costs and the Theory of the Firm', 58(1) Review of Economics and Statistics , 22-32.

Starret, David A. (1973), 'Inefficiency and the Demand for 'Money' in a Sequence Economy', 40 Review of Economic Studies , 437-448.

Stavins, R.N. (1995), 'Transaction Costs and Tradable Permits', 29 Journal of Environmental Economics and Management , 133-148.

Stigler, George J. (1988), Memoirs of an Unregulated Economist , New York, Basic Books, 228 p.

Stiglitz, Joseph E. (1974), 'Incentives and Risk Sharing in Sharecropping', 61 Review of Economic Studies , 219-256.

Stout, Lynn A. (1997), 'ATechnology, Transactions Costs, and Investor Welfare: Is a Motley Fool Born Every Minute?', 75 Washington University Law Quarterly .

Tobin, James (1956), 'The Interest-Elasticity of Transactions Demand for Crash', 38(3) Review of Economics and Statistics , 241-247.

Ulph, A.M. and Ulph, D.T. (1975), 'Transaction Costs in General Equilibrium Theory - A Survey', 42 Economica , 355-372.

Ulph, A.M. and Ulph, D.T. (1977), 'Efficiency, Inessentiality and 'Debreu Property' of Prices', in Schwšdiauer (ed.), Equlibrium and Disequilibrium in Economic Theory , Dordrecht, Reidel, 337-359.

Wagner, W. and Schulman, E. (1994), 'Passive Trading: Point and Counterpoint', 20 Journal of Portfolio Management , 25-28.

Wallis, J. and North, C. (1986), 'Measuring the transaction Sector in the American Economy, 1870-1970', in Gallman (ed.), Long Term Factors in American Economic Growth , Chicago, University of Chicago Press, 95-148.

Wegehenkel, Lothar (1980), Transaktionskosten, Wirtschaftssystem und Unternehmertum (Transaction Costs, Economic System and Entrepreneurship) , TŸbingen, Mohr, 77 p.

West, E.G. (1990), Adam Smith and Modern Economics , Hants, Edward Elgar.

Whincop, Michael J. (1996), 'Due Diligence in SME Fundraising: Reform Choices, Economics and Empiricism', 20 University of New South Wales Law Journal , 433-464.

Whincop, Michael J. (1997), 'Nexuses of Contracts, the Authority of Corporate Agents, and Doctrinal Indeterminacy: From Formalism to Law-and-Economics', 20 University of New South Wales Law Journal .

Wilcox, J.W. (1993), 'The Effect of Transaction Costs and Delay on Performance Drag', 49 Financial Analysts Journal , 45-54.

Williamson, Oliver E. (1971), 'The Vertical Integration of Production, Market Failure Considerations', 61 American Economic Review , 112-123.

Williamson, Oliver E. (1975), Markets and Hierarchies: Analysis and Antitrust Im , New York, Free Press, 286 p.

Williamson, Oliver E. (1976), 'Franchise Bidding for Natural Monopolies - in General and with Resect to CATV', 7 Bell Journal of Economics , 73-104.

Williamson, Oliver E. (1979), 'Transaction-Cost Economics: The Governance of Contractual Relations', 22 Journal of Law and Economics , 233-261.

Williamson, Oliver E. (1981), 'Contract Analysis: The Transaction Cost Approach', in Burrows, Paul and Veljanovski, Cento G. (eds.), The Economic Approach to Law , London, Butterworths, 39-60.

Williamson, Oliver E. (1985), The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting , New York, Free Press, 450 p.

Williamson, Oliver E. (1990), 'A Comparison of Alternative Approaches to Economic Organization', 146 Journal of Institutional and Theoretical Economics , 61-71.

Williamson, Oliver E. and Winter, S. (eds.) (1991), The Nature of the Firm, Origins, Evolution, and Development , Oxford, Oxford University Press.

Wittman, Donald A. (1982), 'Efficient Rules in Highway Safety and Sports Activity', 72 American Economic Review , 78-90.

Wohar, Mark E. (1988), 'Alternative Versions of the Coase Theorem and the Definition of Transaction Costs', 27(1) Quarterly Journal of Business and Economics , 3-19.

Young, A.R. (1989), 'An Economic Rationale for Door Prizes', 8 Marketing Science , 375-380.

Zerbe, Richard O., Jr. (1980), 'The Problem of Social Cost in Retrospect', 2 Research in Law and Economics , 83-102.

Zupan, Mark A. (1989), 'The Efficacy of Franchise Bidding Schemes in the Case of Cable Television: Some Systematic Evidence', 32 Journal of Law and Economics , 401-456.

Zupan, Mark A. (1989), 'Vable Franchise Renewals: Do Incumbent Firms Behave Opportunistically?', 20(4) Rand Journal of Economics , 473-482.