Transaction costs and iceberg costs

被引:0
|
作者
Hausken, Kjell [1 ]
Schwartz, Galina A. [2 ]
机构
[1] Univ Stavanger, Fac Sci, N-4036 Stavanger, Norway
[2] Univ Calif Berkeley, Berkeley, CA 94720 USA
关键词
D O I
10.1080/13504850903427153
中图分类号
F [经济];
学科分类号
02 ;
摘要
Iceberg costs are modelled as a transaction cost function, which increases exponentially in an action chosen by each player. The model estimates how much the players' joint ex post shares shrink in terms of their transaction constants and production.
引用
收藏
页码:101 / 102
页数:2
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