През последните две десетилетия понятието "социа- лен капитал" набира все по-голяма популярност в иконо- мическата литература. Причините за това вероятно са...

This article explores the theoretical relationship between economic growth and transaction costs, including the historical background of the discussion. Causes and implications of the rapid enlargement of the Bulgarian transaction sector in the transition period are discussed in respect to...

This article investigates the analytical line of reasoning in D. North’s, J. Wallis’ and B. Weingast’s research project “Violence and Social Orders”, which unifies in an institutional explanation scheme the control over violence in human societies, the equilibrium of interests among...

In this article we propose a modification (extension) of the model for cost accounting in Bulgaria which will enable the gathering of information for the art and size of the transaction costs in an individual firm or organization. On the ground of prevailing classification schemata in economic...

Резюме Представени са някои неортодоксални аспекти на институционалния подход към пазарите като социални структури (институции). Демонстрирана е възможността...

Резюме Представени са някои неортодоксални аспекти на институционалния подход към пазарите като социални структури (институции). Демонстрирана е възможността...

The measurement of transaction costs in an economy is a question of present interest and a difficult problem for every country. Attempts for measuring the transaction costs do not take effect mostly due to the fact that the data being gathered by the System of National Accounts do not correspond...

This article gives an overview of the life and work of Bulgarian economist Georgi Danailov in the beginning of the 20th century. Studied consequently in Moscow, Berlin, Munich and Vienna under such influential scholars of his time as Chuprov, Yanzhulov, Schmoller, Sombart and Brentano, Danailov...

This paper focuses on transaction tasks as seen on the micro level. We suggest how transaction tasks can be measured by the official statistics. The article complements a previous one by Chobanov, Egbert and Gyuredjeklieva (2006) published in this journal and discusses the weaknesses of existing...

Abstract: Within the framework of the mainstream neoclassical model, the existence of the firm creates serious theoretical difficulties. Major attempt to overcome them, leads to application of the Transaction cost economics developed by Coase, Williamson, etc. On its own turn, it creates new...