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Synopsis
The digital edition of all books may be viewed on our website before purchase. Excerpt from Financial Transaction Costs and Industrial Performance (Classic Reprint)
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Forgotten Books publishes hundreds of thousands of rare and classic books.
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.The digital edition of all books may be viewed on our website before purchase.
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Financial Transaction Costs and Industrial Performance (Classic Reprint)
impression à la demandeVendeur : Forgotten Books, London, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
Paperback. Etat : New. Print on Demand. This book presents a model that contrasts the pursuit of shareholder welfare with profit maximization by firms. It highlights the inverse relationship between financial transaction costs and competition in the market. The lower the costs, the more diversified the portfolios of investors, leading to decreased competition and increased firm collusion. However, as costs rise, investors hold shares in fewer firms, resulting in increased competition. Interestingly, when pre-commitment is possible, and firms maximize shareholder utility, output exceeds profit-maximizing levels. The author delves into the effects of uncertainty and substitutability of goods, demonstrating that increases in uncertainty or substitutability generally reduce output in both industries. By analyzing the relationship between financial transaction costs and industrial performance, this book provides valuable insights into how market structure and investor behavior can shape competition and firm behavior. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781332620494_0
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Expédition depuis Royaume-Uni vers Etats-Unis
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Financial Transaction Costs and Industrial Performance Classic Reprint
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332620494
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EUR 25,52
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Expédition nationale : Etats-Unis
Expédition nationale : Etats-Unis
Quantité disponible : 15 disponible(s)
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Financial Transaction Costs and Industrial Performance Classic Reprint
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332620494
Acheter neuf
EUR 25,05
Expédition à EUR 3,93
Expédition depuis Royaume-Uni vers Etats-Unis
Expédition depuis Royaume-Uni vers Etats-Unis
Quantité disponible : 15 disponible(s)