The Cost of Transacting

1968/02/01 by Harold Demsetz · 7 citations
Business, Management and Accounting · #Financial Reporting and Valuation Research

paper · doi:10.2307/1882244

openalex publication_date 1968/02/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/08/01

Abstract

Introduction, 33. — The definition and measurement of transaction cost on the New York stock exchange, 35. — The determination of the ask-bid spread, 40. — The determination of the transaction rate, 45. — Statistical results, 46. — Summary and comments, 50. — Appendix I, 52. — Appendix II, 53.

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