<p>Costs incurred when conducting transactions
    - <a href="/en/search%20cost">search cost</a>
    - Costs incurred in decision making
    - The cost of finding the goods you are looking for in the marketplace
    - Cost of identifying who is the cheapest
    - <a href="/en/negotiation%20cost">negotiation cost</a>
    - Cost required to reach agreement
    - Cost required to enter into a contract
    - <a href="/en/Cost%20of%20Supervision%20and%20Enforcement">Cost of Supervision and Enforcement</a>
    - Cost required to enforce compliance with the contract
    - Cost of knowing if you are honoring your contract</p>
<pre><code>- [Oliver Williamson](/en/Oliver%20Williamson)
- 2009 [Nobel Prize in Economics](/en/Nobel%20Prize%20in%20Economics) [Transaction Cost Theory](/en/Transaction%20Cost%20Theory)
- Factors that determine transaction costs are human [limited rationality](/en/limited%20rationality) and [Opportunistic Behavior](/en/Opportunistic%20Behavior), [Frequency of transactions](/en/Frequency%20of%20transactions) and [asset specificity](/en/asset%20specificity) and [uncertainty](/en/uncertainty).
</code></pre>
<ul>
<li><a href="https://ja.m.wikipedia.org/wiki/%E5%8F%96%E5%BC%95%E3%82%B3%E3%82%B9%E3%83%88">Transaction costs - Wikipedia</a></li>
</ul>
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