UNDERSTANDING TRANSACTION COSTS IN THE MESOECONOMIC PERSPECTIVE

Katarzyna Mroczek-Dąbrowska, Marian Gorynia The aim of this article is to provide an insight into understanding transaction costs on other than the company level. Using the literature review, the foundations of the new institutional economics are evoked to verify whether any obstacles exist that would prevent translating the analysis into the mesoeconomic level. Furthermore, referring […]