The report examines the methods of financing of public goods. It proves that, with the presence of a large number of users, the opportunities for the privately negotiated solutions are limited and that in these cases arise "prison dilemma". Analyses are focused on the financing of two specific...

The paper discusses various definitions of transaction costs and, in a sense, represents a review of existing theories. This involves an attempt at defining transaction costs in relation to information costs, implicit and explicit costs, ex ante and ex post transaction costs. We offer a...