Revista OEconomica

Alexandru POPOVICI - Mass-Energy Models of the Economy – Concepts and Realities (II). Energy Flow Analysis

Ramona Iulia DIEACONESCU, Andra Nicoleta MECU, Florentina CHIŢU - Assessing the Interplay of Natural and Anthropogenic Factors in Climate Change: An Economic and Environmental Analysis [Evaluarea interacţiunii factorilor naturali şi antropici în schimbările climatice: o analiză economică şi de mediu]

Răzvan PÎRCĂLĂBESCU - Trade Relations between Romania and the United Mexican States: Export Challenges and Opportunities [Relaţiile comerciale ale României cu Statele Unite Mexicane: provocări şi oportunităţi ale exportului]

Cristian MANOLACHI - Critical Considerations on How Subsidies, Legal Constraints and Physical Barriers Affect Well-Being and Economic Freedom in Today’s European Union

Anca TAMAŞ - Book Review / Recenzie de carte: Matt Ridley, Inovaţia – Cum funcţionează şi de ce îi prieşte libertatea, Bucureşti, Editura Orion, 2021

Articles on Issue Theme

Cosmin MARINESCU

Academia de Studii Economice din Bucureşti

The main objective of the present approach is, first of all, to analyse the "transaction costs" concept and then to prove scientifically the relation transaction costs – institutions. If institutional economics represent the analyse domain within transaction costs have a good record, then the economist must necessarily establish this concept place and functionality. The originality element is represented by the introduction of a certain terminological and factual distinction between market transaction costs, whose presence within human society is a natural and inevitable one, and imposed transaction costs, whose ground is out of market social order, being the result of constraints involved by any state institutional arrangement.