Nagle, Frank, Robert Seamans, and Steve Tadelis. "Transaction Cost Economics in the Digital Economy: A Research Agenda." Strategic Organization 23, no. 2 (May 2025): 351–365.
Last week my friend and co-author Mike Munger published our conversation on his podcast, The Answer is Transaction Costs: Smart Grids, DERs, and the Economics of Energy. He and I are both deeply ...
Discover what search costs are, how they impact buyers and sellers, and view examples of search costs in market transactions ...
This blog explains what is gas fees on Ethereum blockchain and mechanism behind it, along with tips on how to reduce ...
Mining refers to the process of verifying and adding new transactions to a blockchain network, such as in the case of Bitcoin (BTC) or other cryptocurrencies. The economics of mining refers to the ...
Explore true cost economics, an approach that includes external costs like pollution in pricing, ensuring a more accurate reflection of societal and environmental impacts.
As economic uncertainty continues to shape consumer behavior, chargebacks are becoming the norm, rather than the exception, in eCommerce. Today, disputes are so common that processing disputes has ...