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Journal articles on the topic 'Transaction costs and information problems'

Author: Grafiati

Published: 29 June 2021

Last updated: 29 July 2025

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1

Cordelia, Antonio. "Transaction Costs and Information Systems: Does IT Add Up?" Journal of Information Technology 21, no. 3 (2006): 195–202. http://dx.doi.org/10.1057/palgrave.jit.2000066.

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Transaction cost theory has often been used to support the use of information and communication technology (ICT) to reduce imperfection in the economic system. Electronic markets and hierarchies have repeatedly been described as solutions to inefficiencies in the organisation of transactions in complex and uncertain settings. Far from criticising this assumption, this paper highlights the limits associated with this application of transaction cost theory that has been prevalent in IS research. Building on the concepts first proposed by Ciborra, the paper argues that information-related problem

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Herasymenko, T. V. "Problems of Identification and Analysis of Transaction Costs at the Economic Entity Level." Business Inform 9, no. 524 (2021): 158–63. http://dx.doi.org/10.32983/2222-4459-2021-9-158-163.

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The article is aimed at identifying and analyzing transaction costs when making management decisions at the level of an economic entity. In the course of the research, the following methods were used: grouping – in determining the main forms of transaction costs based on existing classifications; generalization – when systematizing information on the identification of approaches to the assessment and measurement of transaction costs; structural and logical – to determine the place of transaction costs in the structure of the enterprise’s costs; analysis and synthesis – to substantiate the reco

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Yang, Zhi Xue. "Research on Trade Model of Transaction Costs Based on Ecommerce." Applied Mechanics and Materials 26-28 (June 2010): 218–21. http://dx.doi.org/10.4028/www.scientific.net/amm.26-28.218.

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Transaction cost is one of these costs, but mostly mentioned with trade barriers. The trade barrier, also called tariff barracks or non- tariff barracks, focus on the problems that affect transactions in international trade. Transaction cost in economics can be defined as a cost incurred in making an economic exchange. There are a number of kinds of transaction cost have been researched by economists, “search and information costs” (such as those incurred in determining that the required good is available on the market, who has the lowest price.), “Bargaining costs” (the costs required to come

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Podshivalova, Mariya, and Dmitriy Podshivalov. "Estimate of Some Transaction Costs for Small Industrial Enterprises." Moscow University Economics Bulletin 2017, no. 5 (2017): 40–60. http://dx.doi.org/10.38050/01300105201753.

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The article attempts to evaluate certain types of transaction costs for small businesses. In particular, it considers the costs of access to the law, tax burden, administrative burden, costs of illegality, specification and property rights protection, the costs of information search, costs of opportunistic behavior of employees. The author evaluates the impact of forthcoming institutional changes on transaction costs for small industrial enterprises in the context of such key "chronic problems" for this type of enterprises as low output demand, lack of investment, administrative barriers, unde

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Liudvenko, Dmytro. "MAIN PROBLEMS OF DETECTION OF TRANSACTION COSTS IN ACCOUNTING-INFORMATION PROVIDED MANAGEMENT OF AGRICULTURAL ENTERPRISES AGRICULTURAL ENTERPRISES IN THE LIVESTOCK INDUSTRY." Economic Analysis, no. 30(1, Part 1) (2020): 126–32. http://dx.doi.org/10.35774/econa2020.01.01.126.

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Introduction. The article describes the market and globalization exacerbate the problem of competitiveness of products, enterprises, states. The role of accounting-formation support is increasing for the management, socioeconomic and environmental basis of the competitiveness of enterprises in the livestock sector. Accounting in the agrarian sector has unquestionable success. It is demonstrated clearly by the identification of transaction and transaction costs in the livestock industry today. The importance of accounting are achievements in the agricultural sector. The accountants' attention a

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Kalyuzhnova, Nadezhda. "Transformation of the real estate market on the basis of use of the blockchain technologies: opportunities and problems." MATEC Web of Conferences 212 (2018): 06004. http://dx.doi.org/10.1051/matecconf/201821206004.

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The real estate market is influenced by the global growth trends, such as the growth of the transaction costs and new technologies of the fourth industrial revolution. The types of the transaction costs of the real estate market are analyzed in the paper. The characteristics of the blockchain as a new information technology that allows reducing transaction costs are considered. The essence of the blockchain as a value-communication technology that allows transferring not only information, but also value using mobile networks and the Internet, is substantiated. The types and classification of t

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OLSDER, GEERT JAN. "DIFFERENTIAL GAME-THEORETIC THOUGHTS ON OPTION PRICING AND TRANSACTION COSTS." International Game Theory Review 02, no. 02n03 (2000): 209–28. http://dx.doi.org/10.1142/s0219198900000135.

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This paper investigates some differential game applications to option pricing mechanisms and related problems. Two players, an investor and "Nature", play a zero-sum game. The usual uncertainty modelling (log-normality for instance) in systems describing the price evolution of stocks is replaced by "Nature", a player who counteracts the investor as much as possible. A relationship between a restricted version of the Black-Scholes and the Hamilton-Jacobi-Bellman partial differential equations is given. This paper, is a first step to possibly solve various option pricing problems (with constrain

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Thomson, Robert, and René Torenvlied. "Information, Commitment and Consensus: A Comparison of Three Perspectives on Delegation in the European Union." British Journal of Political Science 41, no. 1 (2010): 139–59. http://dx.doi.org/10.1017/s0007123410000268.

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Three perspectives on delegation in the European Union are presented in this article. The transaction-costs perspective focuses on information asymmetries between policy makers and implementers. According to the commitment perspective, policy makers delegate authority as a solution to commitment problems. The consensus-building perspective views the decision to delegate as a trade-off between decisiveness and inclusiveness during the bargaining process. Hypotheses are derived from these perspectives regarding the amount of delegation to both the European Commission and to member states in legi

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Atanasov, V. A., D. J. Greenwood, H. Ross, and D. E. Sanchez. "Forensic Delay Analysis as Evidence of Transaction Costs in Construction Projects." IOP Conference Series: Earth and Environmental Science 1101, no. 5 (2022): 052009. http://dx.doi.org/10.1088/1755-1315/1101/5/052009.

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Abstract Construction projects are characterised by supply chains with multiple contracts and significant transaction costs. An example of these costs is to be found in the management of project delays. The operationalisation and measurement of transaction costs, especially in the construction context, has hitherto proved difficult. The work reported here is concerned with defining and measuring the resources required for the management of contractual disputes relating to project delays. Its main argument is that concepts from transaction cost economics (TCE) theory (bounded rationality, uncer

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10

Hendrato, Hening, Mohamad Saefudin, and Qothrun Nada. "APPLICATION OF THE RAPID APPLICATION DEVELOPMENT METHOD FOR SALES INFORMATION SYSTEM FOR TRADITIONAL MINANG KABAU WEDDING DRESSES." Journal of Information System, Informatics and Computing 7, no. 2 (2023): 333. http://dx.doi.org/10.52362/jisicom.v7i2.1280.

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The Minang Kabau shop system is running inefficiently because the data processing structure is still manual, causing a number of problems. Processing customer data, processing transactions and generating reports are the first steps that cause problems. To avoid data redundancy which costs the shop money, a Minang Kabau shop sales application was developed. Its purpose is to handle and process data stored in a database system. Rapid Application Development, often known as the RAD System Development Method, is used to develop this information system. To speed up the process, this development str

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Wu, Yangchenhao, Kaifeng Duan, and Wang Zhang. "The Impact of Internet Use on Farmers’ Land Transfer under the Framework of Transaction Costs." Land 12, no. 10 (2023): 1855. http://dx.doi.org/10.3390/land12101855.

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The problems that exist in China’s agricultural operations are not only on a small scale; more seriously, there are also problems of land fragmentation and the mismatch of human and land resources. Land transfer is expected to be a tool for solving these problems. The land transfer market development is slow, leaving farmers facing serious information asymmetry. On the back of the information explosion brought about by information technology represented by the Internet, exploring the impact of Internet use on land transfer can provide ideas to improve the solution of land problems. Based on th

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12

Rasheli, Geraldine Arbogast. "Procurement contract management in the local government authorities (LGAs) in Tanzania." International Journal of Public Sector Management 29, no. 6 (2016): 545–64. http://dx.doi.org/10.1108/ijpsm-10-2015-0173.

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Purpose The purpose of this paper is to examine the transaction costs involved in managing procurement contracts in the public sector, particularly at the lower and higher level of local governments from the clients’ perspective. Design/methodology/approach The paper uses new institutional economics, specifically the transaction cost approach. A multiple case study design was used, in which five local government authorities (LGAs) were selected from the Kigoma and Tanga regions of Tanzania. Interviews with heads of procurement management units, focus groups and secondary sources were used to c

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Kondratenko, Natalia. "The researching of information inequality in the market of information services." Technology audit and production reserves 1, no. 4(57) (2021): 45–48. http://dx.doi.org/10.15587/2706-5448.2021.225533.

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The object of research is information inequality. Information inequality is seen as a socio-economic problem that can be solved with the help of confident actions of the state. Data analysis confirmed the problem of the «digital divide» at the global and regional levels. The transformation of the information services market depends on the quality of the Internet. The growing number of Internet users is a global tendency, but at the regional level it is possible to see clear differences, which creates problems for obtaining quality educational, financial and professional services. Both negative

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Natalia, Kondratenko. "The researching of information inequality in the market of information services." Technology audit and production reserves 1, no. 4(57) (2021): 45–48. https://doi.org/10.15587/2706-5448.2021.225533.

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<em>The object of research is information inequality. Information inequality is seen as a socio-economic problem that can be solved with the help of confident actions of the state. Data analysis confirmed the problem of the «digital divide» at the global and regional levels. The transformation of the information services market depends on the quality of the Internet. The growing number of Internet users is a global tendency, but at the regional level it is possible to see clear differences, which creates problems for obtaining quality educational, financial and professional service

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15

Zhou, Qi Hai, and Yan Li. "Research on Logistics Distribution Mode for E-Commerce Businesses." Advanced Materials Research 181-182 (January 2011): 3–8. http://dx.doi.org/10.4028/www.scientific.net/amr.181-182.3.

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Electronic commerce is the products of the development of Internet and information technology in the twentieth century. It makes commodity trading changing dramatically, not only to shorten trading hours, transactions faster, but also greatly reduce the transaction costs of commodity transactions. As a rapidly developing e-commerce industry, logistics and distribution system has become an unavoidable bottleneck to E-commerce Businesses. The efficiency level of logistics and distribution system is the key to the success of e-commerce, the currently logistics problems plaguing the e-commerce are

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16

Sriram, M. S. "Information Asymmetry and Trust: A Framework for Studying Microfinance in India." Vikalpa: The Journal for Decision Makers 30, no. 4 (2005): 77–86. http://dx.doi.org/10.1177/0256090920050407.

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In recent times, microfinance has emerged as a major innovation in the rural financial marketplace. Microfinance largely addresses the issue of access to financial services. In trying to understand the innovation of microfinance and how it has proved to be effective, the author looks at certain design features of microfinance. He first starts by identifying the need for financial service institutions which is basically to bridge the gap between the need for financial services across time, geographies, and risk profiles. In providing services that bridge this gap, formal institutions have limit

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17

Gladilin, L. Yu, E. V. Mischenko, A. E. Smirnov, and S. S. Kabosnidze. "On the issues of business negotiation processes and prospects for overcoming them through large language models." Entrepreneur’s Guide 17, no. 3 (2024): 122–32. http://dx.doi.org/10.24182/2073-9885-2023-17-3-122-132.

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This article investigates the potential of large language models in overcoming problems within the business negotiation process. Typical issues encountered in business negotiations at various communication stages, which highlight the necessity for systematic resolution (such as breaches of good faith principles, ineffective communication strategies, lack of clear planning, etc.), are identified. The study focuses on a key negotiation problem related to the increasing transaction costs of businesses due to unmet interaction results. It demonstrates how large language models can optimize the neg

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18

Hu, Qiyao, Youran Huang, Yuheng Chen, Boxiu Zheng, and Yuxuan Zhu. "Advantages of the Decentralized Sharing Economy - Take Ethereum Platform as an Example." Advances in Economics, Management and Political Sciences 97, no. 1 (2024): 331–42. http://dx.doi.org/10.54254/2754-1169/97/20231644.

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In this era of rapid development of online transactions and platform economies, many companies operate as intermediaries between Party A and Party B in transactions and gain profits from every transaction. The "middleman", that is, the intermediary, mainly introduces Party A's resources in the form of a platform and allows more users to see and understand Party A's resource information. Platform users, that is, Party B, can save them from searching for the resources they want during the intermediary's promotion and introduction. time cost; however, some intermediaries take advantage of the pro

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Zhang, Shaomin, Tao Xiao, and Baoyi Wang. "A Communication Scheme with Privacy Protection in V2V Power Transaction Based on Linkable Ring Signature." World Electric Vehicle Journal 16, no. 3 (2025): 141. https://doi.org/10.3390/wevj16030141.

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The vehicle-to-vehicle (V2V) charging mode of charging stations solves the problem of users being unable to charge immediately due to the absence of charging piles during peak charging times. However, in blockchain-based V2V power transactions, attackers collect private information such as the payment address and transaction amount of electric vehicle owners through ledger information. This makes the relationship between electric vehicle owners and the charging behavior the object of inference attacks, resulting in user privacy disclosure and unfair trading. To solve these problems, we propose

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20

Pohorelov, Yurii, Hanna Kozachenko, and Anastasiia Bilousova. "REPRESENTATION PROBLEMS OF TRANSACTIONAL COSTS IN ENTERPRISE ACCOUNTING." ЕКОНОМІКА І РЕГІОН Науковий вісник, no. 3(64) (June 7, 2017): 67–75. http://dx.doi.org/10.26906/eir.2017.3(64).878.

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UDC 658.012  Yurii Pohorelov, D. Sc. (Economics), assistant professor. Hanna Kozachenko, D.Sc. (Economics), professor. Anastasiia Bilousova, PhD (Economics), assistant professor. Poltava National Technical Yurii Kondratiuk University. Representation Problems of Transactional Costs in Enterprise Accounting. There is notion of “transactional costs” considered basing on the positions of epistemological contextualism. There is built in the article classification of transactional costs. There is managerial collision found about fact that not all kinds of transactional costs that are con

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21

Chen, Po-Yu. "Fresh Snack Food Channel Evaluation Model for Integrating Customers’ Perception of Transaction Costs in Taiwan." Journal of Food Quality 2017 (2017): 1–11. http://dx.doi.org/10.1155/2017/7264576.

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The primary purpose of this study was to explore how food dealers develop methods that facilitate transaction efficiency and how they select the optimal food channels. This study establishes a model according to the impact of transaction cost factors on consumers’ decision-making regarding purchase of fresh snack foods. Using fresh snack foods in Taiwan as an example, this study employed a fuzzy analytic network process to solve decision-making problems with multiple criteria by comparing the interaction between each transaction cost factor to obtain the factor weightings as well as the weight

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Mukoviz, Vasil, Lesya Leshchii, Olga Khodakivska, Olena Prokopova, and Mykhailo Kuzub. "Accounting for transactions costs of agricultural producers in the shadow economy." Agricultural and Resource Economics: International Scientific E-Journal 8, no. 2 (2022): 67–85. http://dx.doi.org/10.51599/are.2022.08.02.04.

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Purpose. The purpose of the study – to explain the features of disclosure of transaction costs in the accounting of agricultural enterprises, taking into account the peculiarities of the shadow economy; to identify the main factors that lead to transaction costs and make suggestions for improving their accounting.  Methodology / approach. The main methods used in this study are: statistical analysis to assess the dynamics and cost structure of agricultural enterprises; graphical and analytical methods used to determine the level of the shadow economy; theoretical generalization and compa

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Mukoviz, Vasil, Lesya Leshchii, Olga Khodakivska, Olena Prokopova, and Mykhailo Kuzub. "Accounting for transactions costs of agricultural producers in the shadow economy." Agricultural and Resource Economics: International Scientific E-Journal 8, no. 2 (2022): 67–85. http://dx.doi.org/10.51599/10.51599/are.2022.08.02.04.

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Purpose. The purpose of the study – to explain the features of disclosure of transaction costs in the accounting of agricultural enterprises, taking into account the peculiarities of the shadow economy; to identify the main factors that lead to transaction costs and make suggestions for improving their accounting.  Methodology / approach. The main methods used in this study are: statistical analysis to assess the dynamics and cost structure of agricultural enterprises; graphical and analytical methods used to determine the level of the shadow economy; theoretical generalization and compa

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Jeevan, Jagan, Loke Keng Bin, Mohamad Rosni Othman, Nurul Haqimin Mohd Salleh, Raja Somu, and Sun Ming Ming. "Cross-border freight movement between Thailand-Malaysia-Singapore." Pomorstvo 35, no. 2 (2021): 341–52. http://dx.doi.org/10.31217/p.35.2.16.

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Trade plays an important role in economic growth. Thence, a smooth cross-border transaction between Thailand-Malaysia-Singapore provides a significant implication in international trade. Currently, cross-border transactions face several issues during the crossing of borders between countries and, specifically, happens during the transactions of cargo. A very rigid documentation process within the custom clearance and theresulting severe congestion will affect the trade flow in this particular zone. Inconsistency of freight transaction documents at the cross-border also makes the transaction pr

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25

Borthick, A. Faye, and Donald R. Jones. "Analyzing a Potential Warranty Call Center Budget Overrun: Using Database Queries to Solve Business Problems." Journal of Information Systems 19, no. 1 (2005): 97–111. http://dx.doi.org/10.2308/jis.2005.19.1.97.

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In this case, students develop and use database queries to analyze possible causes of a potential budget overrun for telephone warranty service for a company that sells personal computers (PCs). Students query a Microsoft Access® database with tables for sales of PCs, estimates for technician time, employees, technician costs, and service minutes provided. The queries illustrate those that accountants could prepare to analyze transaction-level data to develop insights about business operations. Query-based approaches to analyzing transaction data are likely to become more common as businesses

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Oliveira, Gustavo Magalhães de, Christiano França da Cunha, Silvia Morales De Queiroz Caleman, and Roberta Luiza Gomes Maia. "Information asymmetry: the case of cattle supply transaction in Brazil." British Food Journal 121, no. 8 (2019): 1825–37. http://dx.doi.org/10.1108/bfj-01-2019-0041.

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Purpose The purpose of this paper is to investigate information asymmetry in cattle supply transaction in Brazil. While the literature traditionally explores the seller’s information asymmetry advantages, the authors, in turn, draw attention to buyer’s role. This paper aims to show what farmer characteristics present negative correlation with slaughterhouses’ information asymmetry advantages. By slaughterhouses’ advantages, the authors refer to slaughterhouses’ opportunistic appropriation of value due to hidden information, such as quality measurement and remuneration of difficult-to-measure a

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27

Pinto, João, and Paulo Alves. "The economics of securitization: evidence from the European markets." Investment Management and Financial Innovations 13, no. 1 (2016): 112–26. http://dx.doi.org/10.21511/imfi.13(1).2016.10.

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This paper surveys the literature examining securitization. Besides describing the economic motivation for the use of securitization, the paper provides details on securitization characteristics and players, presents the recent trends of securitization markets, describes the role played by securitization in the 2007-2008 financial crisis, and compares the financial characteristics of securitization transactions for a large cross-section of ABS, MBS and CDO tranches issued during the 2000-2011 period. Securitization creates value by increasing liquidity, reducing the cost of funding, allowing o

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Li, Xuewen, Yi Peng, and Yunlai Yao. "Will Transaction Cost Be Reduced in the E-Commerce Model of Farmland Transfer in China?" Land 12, no. 2 (2023): 450. http://dx.doi.org/10.3390/land12020450.

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Farmland transfer is an inevitable approach to solving farmland fragmentation and the resulting low productivity in China. Although the central government has formulated various guidelines on farmland transfer, the traditional transfer model faces high transaction cost and thus hinders transfer. With e-commerce development in China, an alternative Jutudi model of farmland transfer with e-commerce has occurred in China. Although transaction cost is an important perspective for understanding reforms, few studies have been conducted to explore whether the transaction cost of the Jutudi model woul

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Yanjun, Guo. "Application of Blockchain Technology in Green Finance and Evaluation of its Economic Effects." Journal of Posthumanism 5, no. 5 (2025): 2239–64. https://doi.org/10.63332/joph.v5i5.1613.

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Against the backdrop of increasingly severe global climate change and environmental challenges, green finance, as a bridge connecting capital and sustainable development, is facing problems such as information asymmetry, transaction frictions and regulatory challenges. This study systematically explores the innovative applications of blockchain technology in the field of green finance and its economic effects. Through literature research and case analysis, we found that blockchain technology, with its characteristics of decentralization, immutability and smart contracts, has shown significant

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30

ТЕРЕНЯК, Лілія, та Andriy KIZILOV. "ОСОБЛИВОСТІ ВИКОРИСТАННЯ ТЕХНОЛОГІЇ БЛОКЧЕЙН У СФЕРІ УПРАВЛІННЯ ІНТЕЛЕКТУАЛЬНОЮ ВЛАСНІСТЮ". Herald of Khmelnytskyi National University. Economic sciences 328, № 2 (2024): 70–75. http://dx.doi.org/10.31891/2307-5740-2024-328-10.

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The article discusses the current view on the use of blockchain technology in the field of intellectual property management. Today, blockchain is actively used in various business areas, mainly to improve business processes and reduce costs. The main advantages of blockchain are related to the elimination of intermediaries, data reliability, trust and transparency. Storing transaction information without the need for third-party involvement allows transactions to be completed faster and at lower costs. In today's intellectual property system, licensing, identification of the right holder, inve

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Neves, Marcos Fava. "Marketing and Network Contracts (Agreements)." Journal on Chain and Network Science 3, no. 1 (2003): 7–19. http://dx.doi.org/10.3920/jcns2003.x026.

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The literature shows that bounded rationality makes it almost impossible to build complete contracts to manage transactions between companies. Furthermore, incomplete contracts generate opportunism problems from one of the involved parts and undesirable transaction costs that could be reduced if the process of building a contract/agreement were to include more details (exactness), even in unwritten (oral) agreements. In general, businessmen do not have the instruments to facilitate this process of building contracts, and students, who will deal with contracts at various moments in their profes

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Kim, Seonhyeon, Ephraim Kwashie Thompson, and Changki Kim. "Insurance Transactions through Blockchain Applications: Current Status and Implications for the Domestic Insurance Industry." Crisis and Emergency Management: Theory and Praxis 17, no. 11 (2021): 137–56. http://dx.doi.org/10.14251/crisisonomy.2021.17.11.137.

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This paper discusses the necessity for introducing blockchain technology into insurance sales channels. We focus on two factors that have hindered the sustainable development of the domestic insurance industry. The first problem is that insurance companies’ profitability is on the decline and the second issue relates to information asymmetry problems besetting insurance sales channels. The channels are heavily concentrated on general agencies (GA) but the GA channel has been characterized by problems such as incomplete sales and high termination rates. Due to the advantages of blockchain techn

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Dai, Bing, and Xiaoguang An. "Higher Educational Information Resource Sharing Model Based on Blockchain." International Journal of Emerging Technologies in Learning (iJET) 18, no. 07 (2023): 72–88. http://dx.doi.org/10.3991/ijet.v18i07.39241.

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Through the sharing of high-quality educational resources in colleges and universities, various colleges and universities have carried out active and effective exchanges in teaching resources, avoiding the duplication of larger educational resources, and improving the academic and career development of teachers and students. The construction of a blockchain-based regional higher education information resource sharing model can solve the problems of scattered teaching resources and duplicate construction of teaching resources, difficulties to ensure the security of digital education resources,

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Pourová, M., and M. Pour. "Institutional problems of pig meat sector in the Czech Republic." Agricultural Economics (Zemědělská ekonomika) 48, No. 1 (2012): 29–35. http://dx.doi.org/10.17221/5285-agricecon.

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The paper deals with the institutional problems in the pig meat sector in the Czech Republic. The information was obtained in the frame of Project PHARE-ACE P97-8098-R &ldquo;Institutional Economics in the Agri-Food Business: How can Structural Policy Help to Integrate EU?&rdquo; The research was performed in year 2000 by means of a&nbsp;questionnaire method and a&nbsp;method of interviews with managers of individual entities in the food chain of pig meat sector. Problems of the execution of property rights in supplier-customer relations in the Czech pig meat sector are the fol

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Kopylova, Olha, and Vira Baryshnikova. "ACTUAL PROBLEMS OF STOCK MARKET GLOBALIZATION FROM THE POSITION OF INSTITUTIONALISM." Actual Problems of Economics 1, no. 243-244 (2021): 6–17. http://dx.doi.org/10.32752/1993-6788-2021-1-243-244-6-17.

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The problems of stock markets globalization using theoretical approaches and institutionalism tools have been investigated. The following problems have been identified: unlimited volume of stock information, which complicates the decision-making process; the possibility of including local stock institutions in global trading networks; the impact of transaction costs on the volatility of market prices for financial instruments; limited access of small and medium-sized businesses to global stock markets. It has been proved that the institutionalism tools and the network approach make it possible

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Hajiyeva, Leyla. "The prospects and problems of e-commerce in Azerbaijan in the context of globalization." SHS Web of Conferences 92 (2021): 06010. http://dx.doi.org/10.1051/shsconf/20219206010.

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Research background:With globalization on the Internet, the economy is gaining a wide range of new opportunities. The economic activity carried out using the latest IT - technologies is effective and profitable. E-commerce is one of the main components of the “new economy", which is gaining increasing practical importance. The effectiveness of electronic commerce is determined by the fact that with this form of trading transaction costs are reduced, i.e. the costs associated with the search and processing of information, negotiating and signing contracts, as a result of which the process of bu

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Huang, Shihua. "Review on Information Privacy Protection based on Blockchain Principle." Frontiers in Computing and Intelligent Systems 5, no. 2 (2023): 34–40. http://dx.doi.org/10.54097/fcis.v5i2.12312.

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As a distributed general ledger technology, a basic platform of smart contract, and a new distributed computing paradigm, blockchain is bound to have an impact on the development of all walks of life, and drive a new round of technology and application changes. To have an impact on the development of all walks of life and drive a new round of technology and application changes, blockchain technology improves efficiency, reduces costs, and enhances data security. However, it also faces serious information security problems. However, while block technology improves efficiency, reducing costs and

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Brünner, Tobias. "Price formation in call auctions with insider information." Studies in Economics and Finance 36, no. 3 (2019): 408–26. http://dx.doi.org/10.1108/sef-02-2018-0066.

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Purpose This study aims to investigate – theoretically and empirically – if call auctions incorporate asymmetric information into prices. Design/methodology/approach First, this study introduces a new model of price formation in a call auction with insider information. In this call auction model, insider trading gives rise to an asymmetric information component of transaction costs. Next, this study estimates the model using 20 stocks from Euronext Paris and investigates if the asymmetric information component is present. Findings The theoretical analysis reveals that call auctions incorporate

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Ka Bean, Toh, Muzani Mustapa, and Fara Diva Mustapa. "A PRELIMINARY REVIEW ON TRANSACTION COST COMPONENTS WITHIN THE BIM ADOPTED PROCUREMENTS." International Journal of Built Environment and Sustainability 6, no. 1-2 (2019): 161–67. http://dx.doi.org/10.11113/ijbes.v6.n1-2.394.

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The Malaysian construction industry although it plays a crucial function in stimulating the economy, is lagging behind other economic sectors. This is due to its unique characteristics such as fragmentation and slow technology adoption. These very characteristics make the industry susceptible to construction disputes. Construction disputes were found to incur high transaction costs (TCs), affect the parties involved, and subsequently increase overall project costs. Because TCs measure the costs that incur from transaction activities, they can be used to better understand the benefits within ea

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Shyshkov, S. Ye. "Attracting individual investors to the stock market of Ukraine: technologies and tools." Ukrainian Society 82, no. 3 (2022): 64–83. http://dx.doi.org/10.15407/socium2022.03.064.

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The author discovered that individual (retail or mass) investors are becoming increasingly significant participants in world financial markets due to globalisation, simplification of cross-border movement of capital, technological measures to ensure direct access to trades, growth of savings and financial awareness of the population in most countries of the world, reduction of tariffs and transaction costs, expansion of the range of liquid financial instruments, and strengthening of information transparency of capital markets. It was established that in Ukraine, despite certain positive develo

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Leal, Marina, Diego Ponce, and Justo Puerto. "Portfolio problems with two levels decision-makers: Optimal portfolio selection with pricing decisions on transaction costs." European Journal of Operational Research 284, no. 2 (2020): 712–27. http://dx.doi.org/10.1016/j.ejor.2019.12.039.

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Yang, Chengzong, Liu Yang, Yu Song, and Xingyue Fu. "Paper Invoice Dilemma and Electronic Invoice Solution." Frontiers in Business, Economics and Management 12, no. 1 (2023): 12–21. http://dx.doi.org/10.54097/fbem.v12i1.13620.

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This paper will start from the definition and purpose of paper invoice, analyze the shortcomings and problems in the use of paper invoice, and introduce the definition, advantages and purpose of electronic invoice, in order to solve the dilemma faced by the use of paper invoice. As a traditional form of bill, paper invoice plays an important role in commercial transactions, but there are some problems in its use. First of all, paper invoices are prone to damage, loss or tampering, increasing the risk and uncertainty of transactions. Secondly, the preservation and management of paper invoices r

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Deng, Meie, Anlu Zhang, Congxi Cheng, and Canwei Hu. "Are Villagers Willing to Enter the Rural Collective Construction Land Market under the Arrangement of Transaction Rules?—Evidence from Ezhou, China." Land 11, no. 4 (2022): 466. http://dx.doi.org/10.3390/land11040466.

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In China, rural construction land refers to the construction land of townships (town) and villages. The construction land of townships (town) and villages refers to the land used by township (town) and village collective economic organizations and rural individuals to invest or raise funds for various non-agricultural construction. Rural collective construction land is divided into three categories: homestead, land for public welfare public facilities, and land for business. Complete market transaction rules can make the market of rural collective construction land run more openly, fairly, and

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Jakovics, Tibor Princz, and Márton Szemenyei. "Innovative ICT Applications to Increase Social Acceptance of Transport Investments." European Journal of Sustainable Development 12, no. 4 (2023): 183. http://dx.doi.org/10.14207/ejsd.2023.v12n4p183.

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Consideration of the environmental impact of transport investments is typically one of the critical aspects in the preparation phase of decisions, strongly influenced by the degree and quality of public participation. Environmental regulation often uses instruments that favour direct government intervention, while other methods based on agreements has minor attention. An overview of the environmental economics of transaction costs and exploring of the processes leading to agreements will be the basis of our work. Then, we summarise existing Information and Communication Technology (ICT) servic

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Li, Yuan. "Research on the Quality of Accounting Information Disclosure of Listed Companies." Financial Forum 10, no. 4 (2021): 32. http://dx.doi.org/10.18282/ff.v10i4.2218.

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With the rapid growth of China's economy and the continuous improvement of the social level, the number and scale of listed companies are also growing rapidly. Despite the continuous development of China's economy, the listed companies in China are faced with difficulties due to the imperfect system, unreasonable structure and quality problems of accounting information disclosure. Accounting information disclosure is an indispensable force in economic activities. Investors can rely on the information disclosed by it to make correct investment decisions, reduce transaction costs in the market,

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Pysarevska, Hanna, Tetyana Kutsenko, and Andriy Martovitskiy. "Digital platforms in the economy: current trends and directions of development." Ukrainian Journal of Applied Economics and Technology 8, no. 4 (2023): 174–78. http://dx.doi.org/10.36887/2415-8453-2023-4-27.

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The article aims to substantiate current trends and develop directions for the development of modern digital platforms in the economy. The following main tasks were solved in the work to achieve the goal: to determine the peculiarities of the use of digital platforms in the economy, to determine the main problems and advantages of using digital platforms, to determine the main types and functions of digital platforms, to substantiate the main directions of the development of digital technologies. The main types of digital platforms are transactional, innovative, integration, and investment pla

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Chen, Chin-Ling, Ching-Ying Lin, Mao-Lun Chiang, Yong-Yuan Deng, Peizhi Chen, and Yi-Jui Chiu. "A Traceable Online Will System Based on Blockchain and Smart Contract Technology." Symmetry 13, no. 3 (2021): 466. http://dx.doi.org/10.3390/sym13030466.

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In recent years, with the rapid levels of economic development, there have been more and more problems in property inheritance and distribution. In today’s society, people still have many taboos when writing a will. Writing a will not only involves various laws and regulations but also costs a lot of money and time, which can be daunting. However, with the development of the Internet, blockchain technology has gradually been applied to many applications. Blockchain technology uses consensus algorithms to ensure consistency and records transaction information in blocks to ensure the effectivene

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Butenko, Tetyana. "IGITALIZATION OF THE BANKING SECTOR: PROBLEMS AND PROSPECTS." Economic scope, no. 197 (February 11, 2025): 159–66. https://doi.org/10.30838/ep.197.159-166.

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The article proposes a comprehensive analysis of the digitalization of banking services, studying the impact on the development of traditional banks and determining strategic guidelines for the further development of the banking sector in the digital economy, as one of the most important and dynamic trends in the modern financial sector, reflecting the stages of technological development and its integration into economic processes. Every year, information and communication technologies significantly change the ways in which banks interact with customers, providing new opportunities for improvi

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Said, Huwida E., Nedaa B. Al Barghuthi, Sulafa M. Badi, Faiza Hashim, and Shini Girija. "PHR-NFT: Decentralized Blockchain Framework with Hyperledger and NFTs for Secure and Transparent Patient Health Records." Applied Sciences 14, no. 22 (2024): 10744. http://dx.doi.org/10.3390/app142210744.

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Blockchain technology holds significant promise for healthcare by enhancing the security and integrity of patient health records (PHRs) through decentralized storage and transparent access. However, it has substantial limitations, including problems with scalability, high transaction costs, privacy concerns, and intricate stakeholder access management. This study presents PHR-NFT, a novel framework that strengthens PHR privacy by utilizing Hyperledger Fabric and non-fungible tokens (NFTs) to address these issues. PHR-NFT improves privacy and communication by letting patients keep control of th

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Tang, Kaiyuan. "Research on Information Sharing Among Supply Chain Financial Enterprises Based on Blockchain." Frontiers in Business, Economics and Management 14, no. 2 (2024): 104–10. http://dx.doi.org/10.54097/2vh3j365.

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As a key mechanism to alleviate the financing difficulties of small and medium-sized enterprises, supply chain finance has an important impact on corporate growth and supply chain stability. However, the traditional model faces transparency and trust issues due to insufficient information sharing. The development of blockchain technology provides new solutions to these problems, especially in terms of improving information sharing efficiency, enhancing transparency and security. Therefore, this article explores the application and compatibility of blockchain in supply chain finance by building

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