Prosecutors claimed that the transaction cost the state more than $50 million (28 million) in lost income.

The transaction cost him 47,000.

The internet has made the transaction cost of obtaining information significantly lower than ever.

Transaction cost economics, which incorporates cost of identifying actors, negotiating, and costs of enforcing agreements into price theory.

Transaction cost theory typically attributes market imperfections to bounded rationality and lock in, whilst internalization theory emphasises asymmetric information and weaknesses in property rights.