Essays about: "Transaction Cost Efficiency"

Showing result 1 - 5 of 25 essays containing the words Transaction Cost Efficiency.

  1. 1. The Phenomenon of Cryptocurrency and its Implementation into Businesses

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Silvia Cristina Tufan; Marcus Nilsson; Oliver Elm; [2022]
    Keywords : Bitcoin; Stablecoin; Cryptocurrency; Blockchain; Smart contract; Decentralization; Foreign Exchange; International Businesses; Strategic Management; Transaction costs; Agency theory; Business and Economics;

    Abstract : While the popularity of cryptocurrencies has seen a dramatic uptick as of late, the general phenomenon still carries with it a high level of novelty. The inception of cryptocurrencies began with Bitcoin in late 2008, making its first appearance on a cryptographic community forum, posted by a yet to be identified entity carrying the pseudonym Satoshi Nakomoto. READ MORE

  2. 2. Twice the price : An empirical study in procurement of homogenousgoods for Swedish municipalities

    University essay from Linköpings universitet/Nationalekonomi; Linköpings universitet/Filosofiska fakulteten

    Author : Farzam Ebrahimi; Jakob Sunström; [2022]
    Keywords : Procurement; Municipalities; Price discrepancies; Homogenous goods; Opportunism; Transaction Costs; Horizontal Integration; Asymmetric information;

    Abstract : Background: Studies of complex and big-ticket tenders such as construction contracts have been the main research focus of public procurement. The efficiency of these low frequency transactionsis inherently hard to study, since the real world offers a wide range of variables that could explain the discrepancies. READ MORE

  3. 3. E-auction as a complement to IOCM - A case study from the automotive industry

    University essay from Göteborgs universitet/Graduate School

    Author : Felicia Ivarsson; [2020-07-01]
    Keywords : E-auction; IOCM; Transaction Cost Economics; Industrial Network Approach; Purchasing and Supply Management; Buyer-supplier Relationship;

    Abstract : The role of PSM has gained considerable attention in recent years as one of the key functions to impact company performance (Zsidisin, Ellram & Ogden, 2003; Kähkönen & Lintukangas, 2012). And considering that purchasing is today the single largest expenditure for the majority of organizations (Dyer & Nobeoka, 2000; Agndal & Nilsson, 2009), it is interesting to expand the idea of IOCM and explore how companies can work even closer with their suppliers to impact inter-firm transactions. READ MORE

  4. 4. Analysis of automated monitoring for results-based agri-environmental schemes : a case study in Baden-Württemberg

    University essay from SLU/Dept. of Economics

    Author : Fredric Storkamp; [2020]
    Keywords : automation; results-based policies; species-rich grassland; transaction costs;

    Abstract : Results-based agri-environmental policies on the one side, and automation through technology, for instance in monitoring, on the other side, are two favored ways of the European Commission for a more effective and more cost-efficient Common Agricultural Policy. But how well do these two aspects go together? This thesis analyses transaction cost scenarios of current on-thespot controls and automated controls in a case example in a species rich grassland scheme in Baden-Württemberg (FAKT B3). READ MORE

  5. 5. There is such a thing as a free lunch, but it will cost you: a study on costly arbitrage and the index effect

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Sandra Andersson; Nicklas Kövamees; [2019]
    Keywords : arbitrage risk; demand curve slopes; index effect; market efficiency; transaction costs;

    Abstract : This thesis examines how stock returns around inclusions into and exclusions from the Swedish OMX Stockholm Benchmark and OMX Stockholm 30 indices are affected by arbitrage risk and transaction costs. We observe that during the 30 trading days preceding the announcement of a stock's inclusion in either index, stocks with high arbitrage risk and high transaction costs experience high positive abnormal returns, and vice versa. READ MORE