Mention53264

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so:text The fundamental idea of transaction costs is that they consist of the cost of arranging a contract ex ante and monitoring and enforcing it ex post, as opposed to production costs, which are the costs of executing a contract. (en)
so:isPartOf https://en.wikiquote.org/wiki/R._C._O._Matthews
so:description The Economics of Institutions and the Sources of Growth." 1986 (en)
qkg:hasContext qkg:Context26092
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qkg:Quotation49771 qkg:hasMention
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