Search Results - subject_exact:"Transaction costs"

Information-neutral hedging of derivatives under market impact and manipulation risk

Alimoradian, Behzad; Barigou, Karim; Eyraud, Anne - 2026

The literature on derivative pricing in illiquid markets has mostly focused on computing optimal hedging controls, but empirical microstructure studies show that large order flow generates persistent and predictable price effects. Therefore, these controls can themselves induce endogenous market...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015591116

Defence innovation and procurement reform : an empirical evaluation of the US Defense Innovation Unit

Kapstein, Ethan B.; Ospital, Javier; Wolff, Guntram B. - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016060934

Monitoring technologies in industrial systems

Shekari, Saeed; Ray, Sourav - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015374346

Improvement of internal customer service : strategies for supply management

Dias, Rosemary da Silva; Silva, Adilson Aderito da; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015628595

Spatial impact of education on formal savings in India : a household-level analysis

Saravanabhavan, Shika; Rajeev, Meenakshi - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015656454

Transactions and legal institutionalism, part I, six leading thinkers

Hodgson, Geoffrey M. - 2025

Prominent scholars have complained of inadequate clarity and agreement on what transactions are, and how their costs are measured. This two-part article explores this topic and suggests an alternative approach. This part examines different meanings of transaction cost used by leading scholars in...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015376348

Trust and Power in Consumer Credit Relationships : Rethinking Creditworthiness in the Data‑Driven Age

Gibbons, Damon - 2026

Zusammenfassung: This book examines the structural asymmetries embedded in contemporary consumer credit systems. Trust—essential to economic exchange—is increasingly withheld from borrowers while demanded of them. Lenders operate with minimal visibility or accountability; borrowers must...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015591835

Transactions and legal institutionalism, part II, contracts, money, applications

Hodgson, Geoffrey M. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015376355

Investment screening and venture capital

Eichenauer, Vera; Köppl, Stefan; Köppl-Turyna, Monika - 2025

In this paper we analyze the effects of investment screening on cross-border venture capital investments in Europe between 2007 and 2022. The data we work with is originally based on PRISM data which has been extended by Eichenauer and Wang and which we combine with deal data from Preqin to...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015330409

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Investment screening and venture capital

Eichenauer, Vera; Köppl, Stefan; Köppl-Turyna, Monika - 2024

Book / Working Paper

The blockchain and corporate innovation : evidence from China

Zhang, Ping; Huang, Suqin; Wang, Tewei - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015190076

Revisiting EWMA in high-frequency portfolio optimization : a comparative assessment

Capera Romero, Laura; Opschoor, Anne - 2025

This paper compares the statistical and economic performance of state-of-the-art highfrequency based multivariate volatility models with a simpler, widely used alternative-the Exponentially Weighted Moving Average (EWMA) filter. Using over two decades of 100 U.S. stock returns (2002-2023), we...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015419907

The consumption effects of population concentration

Cai, Zhengyu; Yan, Yu - 2025

This paper empirically examines the causal effects of population concentration on household consumption in China and explores the underlying mechanisms. After addressing endogeneity concerns from various sources, our results show that a 1% increase in urban population density leads to a 0.43...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015425117

Determinants of stock market participation

Menkhoff, Lukas; Westermann, Jannis - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015463221

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Determinants of stock market participation

Menkhoff, Lukas; Westermann, Jannis - 2024

Book / Working Paper

Price discovery and efficiency in uniswap liquidity pools

Alexander, Carol; Chen, Xi; Deng, Jun; Fu, Qi - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015464875

Building credible commitments via board ties : evidence from the supply chain

Hann, Rebecca N.; Subasi, Musa; Zheng, Yue - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015467525

Ignorantics : the theory, research, and practice of ignorance in organizational survival and prosperity

De Villiers, Rouxelle - 2025

This study responds to the call by some scholars to establish a framework for ignorance. It challenges the myth that ignorance is all bad and an utterly undesirable state in organizations and proposes a new framework for the application of ignorance analytics in organizations. It includes a...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015436114

Business history as institutional history

Langlois, Richard N. - 2025 - Third draft

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015445638

Closing the supply chain loop : enablers, strategies, and outcomes of blockchain implementation in reverse logistics

Oguntegbe, Kunle Francis; Di Paola, Nadia; Vona, Roberto - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015641703

Regulation and restructuring in the craft brewing industry

Wood, Gavin; Martin, Declan - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015396466

Taming transaction costs, risk, and uncertainty in global production and financial networks : the case of wheat futures markets

Di Luigi, Cristina; Clark, Gordon L.; Wójcik, Dariusz - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015533497

Directors as trustees : the Nash axiomatic approach to multi-stakeholder governance

Salas-Fumás, Vicente - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015423132

What happened on Blackstone Avenue? : transaction costs, scholarly midwives, and the birth of the Coase theorem

Medema, Steven G. - 2024

The Coase theorem has been shrouded in ambiguity and confusion throughout its life, this despite the prominent role that it plays in economic and legal analysis. As this paper demonstrates, this is no less true of the path by which Coase came to the result that bears his name. Drawing on...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014631110

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What happened on Blackstone Avenue? Transaction costs, scholarly midwives, and the birth of the Coase theorem

Medema, Steven G. - 2024

Book / Working Paper

Can continuous-time portfolio optimization really be applied?

Korn, Ralf - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015423318

Asymptotic methods for transaction costs

Mayerhofer, Eberhard - 2024

We propose a general approximation method for the determination of optimal trading strategies in markets with proportional transaction costs, with a polynomial approximation of the residual value function. The method is exemplified by several problems, from optimally tracking benchmarks and...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014636509

Can circuit courts influence corporate employment? : evidence from China

Jian, Jianhui; Yan, An; Wang, Lin; Liu, Yuehan; Hu, Dan - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015447490

The more the merrier? : examining the effects of inter-municipal cooperation on costs and service quality in upper secondary education

Sandberg, Katarina - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014564335

The digital economy and rural household consumption : a quasi-natural experiment based on the National Rural E-commerce Comprehensive Demonstration Project

Wu, Zishuo; Zhichao Yin; Yan, Yu - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015455111

The challenges of incorporating consumer reliability preferences into electricity markets with a capacity requirement

Felder, Frank A. - 2024

One objective of retail electricity markets is to enable end-use consumers to incorporate their reliability preferences into their purchasing decisions. This paper investigates if and how this can be done in electricity markets with a capacity requirement. It integrates the standard loss of load...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014532607

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The challenges of incorporating consumer reliability preferences into electricity markets with a capacity requirement

Felder, Frank A. - 2024

Book / Working Paper

The vertical boundary for cross-border e-tailers’ logistics operations considering transaction costs

Mou, Jinjin; Chŏng, In-gyo - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015446374

Political economy of international sanctions

Gutmann, Jerg; Neuenkirch, Matthias; Neumeier, Florian - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014536144

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Political economy of international sanctions

Gutmann, Jerg; Neuenkirch, Matthias; Neumeier, Florian - 2024

Book / Working Paper

Impact of the Free Trade Zone policy on firm labour investment efficiency : evidence from China

Lv, Lijuan; Chen, Yan - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015556125

Once a trader, always a trader : the role of traders in fund management

Cici, Gjergji; Schuster, Philipp; Weishaupt, Franziska - 2024

Mutual fund families are increasingly assigning traders to manage corporate bond mutual funds. Using this setting to study the role of traders in investment management, we document that trader managers identify and exploit short-term trading opportunities at lower transaction costs. These skills...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014467713

Can the development of e-government make local enterprises more attractive to foreign capital : empirical evidence from the performance of Chinese local government websites

Liu, Bofan; Guo, Ruifei - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015606494

Imperfect take-up of Covid-19 business support programs

Honda, Tomohito; Hosono, Kaoru; Miyakawa, Daisuke; Ono, … - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014450719

Blockchain implications for management and international business theories : toward a new paradigm

Oliveira, Rui Torres de; Rottig, Daniel; Indulska, Marta - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015632440

Markowitz portfolios under transaction costs

Ledoit, Olivier; Wolf, Michael - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015405546

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Markowitz portfolios under transaction costs

Ledoit, Olivier; Wolf, Michael - 2024 - This version: September 2024

Edition: This version: September 2024

Book / Working Paper

Markowitz portfolios under transaction costs

Ledoit, Olivier; Wolf, Michael - 2024 - Revised version, January 2024

Edition: Revised version, January 2024

Book / Working Paper

Markowitz portfolios under transaction costs

Ledoit, Olivier; Wolf, Michael - 2022

Book / Working Paper

The theory of non-market contracts in foot binding

Wang, Yuhao; Li, Haiming - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015670317

Modifying sequential Monte Carlo optimisation for index tracking to allow for transaction costs

Hamilton-Russell, Leila; Malan O'Callaghan, Thomas; … - 2024

Managing a portfolio whose value closely tracks an index by trading only in a subset of the index constituents involves an NP-hard optimisation problem. In the prior literature, it has been suggested that this problem be solved using sequential Monte Carlo (SMC, also known as particle filter)...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015130341

Transaction costs and capacity of systematic corporate bond strategies

Ivashchenko, Alexey; Kosowski, Robert L. - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015195221

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Transaction costs and capacity of systematic corporate bond strategies

Ivashchenko, Alexey; Kosowski, Robert L. - 2023

Book / Working Paper

Money velocity, digital currency and inflation dynamics in Indonesia

Hermawan, Danny; Lie, Denny; Sasongko, Aryo; Yusan, … - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015196340

Why Bitcoin and Ethereum differ in transaction costs : a theory of blockchain fee policies

Ndiaye, Abdoulaye - 2024

Blockchains, the technology underlying cryptocurrencies, face large fluctuations in user demand and marginal costs. These fluctuations make effective fee policies necessary to manage transaction service allocation. This paper models the conflict between the blockchain designer and validators...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015046289

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Why Bitcoin and Ethereum Differ in Transaction Costs: A Theory of Blockchain Fee Policies

Ndiaye, Abdoulaye - 2024

Book / Working Paper

Oliver Williamson's Opportunism

Todorova, Tamara - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015620278

Markets, contracts, and hierarchies : how bargaining frictions affect governance

Ellingsen, Tore; Miettinen, Topi - 2026 - First version, April 2025, Revised January 2026

We develop an organizational governance model with a single buyer and endogenous upstream entry. Investments and control rights over assets and actions are immediately contractable; production is contractable after uncertainty resolves. We show the following: Supplier competition eliminates...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015564187

The cost of the public entities bad reputation in public procurement

Libório, Matheus Pereira; Bernardes, Patricia; Ekel, Petr - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015064860

The future is under the glass : digital design protection and appropriation strategy

Amoncio, Egbert; Cuntz, Alexander; Fink, Carsten - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015592333

Corporate culture and corporate strategy : some economic aspects of the modern organisation

Todorova, Tamara - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015063006

Multiproduct transactions in international markets

Bond, Eric W.; Heo, Ji Hye; Iyoha, Ebehi; Rodrigue, Joel - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015597224

Monopsony power and cost structure : evidence from the U.S. hospital industry

Pizzini, Mina; Vansant, Brian - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014635044

Private ownership and management control decisions in infrastructure from the perspective of Transaction Cost Theory : evidence from emerging economies

Baker, Nicole Ballouz; Haddad, Christian - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014563743

Dynamic regularized parametric portfolio policies

Os, Bram van; Lönn, Rasmus; Dijk, Dick van - 2026

We put forward a Dynamic Regularized Parametric (DRP) approach for active portfolio policies. We build upon the parametric policy framework of Brandt et al. (2009) that directly links the portfolio weights to a limited set of asset characteristics. This yields a parsimonious specification that...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015580333