Construct · 1 fields · 1 citations

transaction cost engineering: a standalone construct

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Law and economics

the role of business lawyers in creating value by designing deals that reduce transaction costs that would otherwise keep assets from being priced well.

In law and economics, transaction cost engineering refers to the role of business lawyers in creating value by designing deals that reduce transaction costs that would otherwise keep assets from being priced well. This meaning comes from Gilson (1984) in The Yale Law Journal.[1]

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being3 fields · 3 citationsjingle · one word, three constructs business1 fields · 1 citationsanchor · a standalone construct cost4 fields · 4 citationsjingle · one word, four constructs

References

Gilson, R. J. (1984). Value Creation by Business Lawyers: Legal Skills and Asset Pricing. The Yale Law Journal, 94(2), 239. https://doi.org/10.2307/796226

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