Transaction Cost Analysis: Past, Present, and Future Applications Essay Example

This journal offers valuable insights into Transaction Cost Analysis (TCA), covering its historical development, roles, relationships with other disciplines, applications, dimensions, and validity. By presenting research work, readers can enhance their understanding of TCA and easily grasp the concept.

Although the article has been criticized for its lack of solid evidence and detailed explanations, it implies that the subject matter is connected to multiple fields such as political science, corporate finance, sociology, business strategy, contract law, and marketing. However, it does not delve into how this influence has manifested in these disciplines. As a result, many unanswered questions and gaps persist. Instead of highlighting the practical aspects of the topic, the article