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The Cost of Transacting
The Quarterly Journal of Economics · 1968 · Vol. 82(1) · pp. 33–33
Harold Demsetz✉(University of Chicago)
Abstract
Introduction, 33. — The definition and measurement of transaction cost on the New York stock exchange, 35. — The determination of the ask-bid spread, 40. — The determination of the transaction rate, 45. — Statistical results, 46. — Summary and comments, 50. — Appendix I, 52. — Appendix II, 53.
Financial Reporting and Valuation ResearchDatabase transactionTransaction costStock (firearms)Computer scienceBusinessDatabaseGeographyFinanceArchaeology
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