Izvestiya of Saratov University.
ISSN 1819-7671 (Print)
ISSN 2542-1948 (Online)


transaction expense

Cognitive Aspect of Transaction Expenses

It was pointed in this research that implementation of certain cognitive strategy in the situation of economic interaction is associated with subject’s occupational efficiency. Jointly with cognitive approach, main point usage of institutional theory of transaction expenses allowed to assume that the expenses decrease is connected with cognitive cavitations’ strategy. The research results do not contradict assumption.