Concepedia

Transaction Cost Models

Transaction Cost Models is a formal analytical framework within financial economics that specifies the structure and impact of trading-related expenses—such as bid-ask spreads, market impact, and execution delays—on asset acquisition and pricing decisions, distinguishing it from other option pricing or acquisition models by explicitly incorporating frictions that impede costless trading.

1.6K

Publications

196.8K

Citations

2.6K

Authors

1.2K

Institutions

Publications per year

2017–2026

289

Parents

Publications

1.6K

Transaction-Cost Economics: The Governance of Contractual Relations

Oliver E. Williamson · The Journal of Law and Economics · 1979 · 10.1K citations

, , +13

The economic institutions of capitalism firms, markets, relational contracting

Oliver E. Williamson · 1987 · 7.3K citations

, , +15

The Economics of Organization: The Transaction Cost Approach

Oliver E. Williamson · American Journal of Sociology · 1981 · 6.4K citations

, , +13

A Resource-Based Theory of the Firm: Knowledge Versus Opportunism

Kathleen R. Conner, C. K. Prahalad · Organization Science · 1996 · 3.1K citations

, , +13

A Historical Comparison of Resource-Based Theory and Five Schools of Thought Within Industrial Organization Economics: Do We Have a New Theory of the Firm?

Kathleen R. Conner · Journal of Management · 1991 · 3.1K citations

, , +14

1–5 of 1.6K

Authors

2.6K

  1. OE
    Oliver E. Williamson

    University of California, Berkeley, United States

    29 publications · 32.4K citations

    27

    h-index

  2. NJ
    Nicolai J. Foss

    Copenhagen Business School, Denmark

    14 publications · 988 citations

    14

    h-index

  3. NA
    Nicholas Argyres

    Washington University in St. Louis, United States

    11 publications · 1.5K citations

    10

    h-index

  4. JH
    Jean‐François Hennart

    Tilburg University, Netherlands

    10 publications · 1.1K citations

    10

    h-index

  5. BN
    Bart Nooteboom

    Tilburg University, Netherlands

    9 publications · 1.5K citations

    9

    h-index

1–5 of 2.6K

Institutions

1.2K

  1. University of California, Berkeley

    Berkeley, United States

    22 h-index

    34 publications

    14.5K citations

  2. University of Minnesota

    Minneapolis, United States

    17 h-index

    21 publications

    6K citations

  3. University of Illinois Urbana-Champaign

    Urbana, United States

    17 h-index

    23 publications

    3.3K citations

  4. University of Pennsylvania

    Philadelphia, United States

    17 h-index

    21 publications

    4.8K citations

  5. The Ohio State University

    Columbus, United States

    16 h-index

    19 publications

    2K citations

  6. Copenhagen Business School

    Copenhagen, Denmark

    16 h-index

    22 publications

    1.6K citations

  7. University of South Carolina

    Columbia, United States

    16 h-index

    21 publications

    4K citations

  8. New York University

    New York, United States

    15 h-index

    18 publications

    4.6K citations

1–8 of 1.2K

Venues

  1. Strategic Management Journal

    SMJ · 33 publications · 10.8K citations

    32

    h-index

  2. SSRN Electronic Journal

    Repository · 76 publications · 2.5K citations

    27

    h-index

  3. Journal of Management

    JOM · 23 publications · 6.8K citations

    23

    h-index

  4. Academy of Management Review

    AMR · 22 publications · 10.6K citations

    22

    h-index

  5. Organization Science

    26 publications · 11.8K citations

    22

    h-index

1–5