Transaction Cost Elimination
Dr. Friedrich Hausmann
LeMay Publishing
ACADEMIC
Transaction Cost Elimination
Meta-Analyses6,643 words54 chapters
Published by LeMay Publishing. 6,643 words across 54 chapters.
About This Publication
A meta-analysis examining protocol-native systems and the dissolution of Coasian friction, analyzing how deterministic protocols eliminate the transaction costs that Coase identified as the foundational problem of economic organization.
Published by LeMay Publishing, a division of LeMay. Massachusetts.
ISBN: 979-8-0000-7088-8
Chapters
1TRANSACTION COST ELIMINATION
2Protocol-Native Systems and the Dissolution of Coasian Friction: A Meta-Analysis
3ABOUT THE AUTHOR
4TABLE OF CONTENTS
5ABSTRACT
6CHAPTER 1
7Introduction — The Coasian Framework and Its Discontents
81.1 Transaction Costs as the Foundational Problem of Economic Organization
91.2 The Williamson Extension: Asset Specificity, Bounded Rationality, Opportunism
101.3 The Persistence of Friction in Digital Markets
111.4 Research Question and Scope of the Meta-Analysis
12CHAPTER 2
13Methodology — Systematic Review Protocol
142.1 Literature Search Strategy and Database Selection
152.2 Inclusion and Exclusion Criteria
162.3 Coding Framework and Analytic Taxonomy
172.4 Effect Size Extraction and Synthesis Approach
182.5 Heterogeneity Assessment and Moderator Analysis
192.6 Limitations of the Meta-Analytic Design
20CHAPTER 3
21Protocol-Native Systems — Definitional and Taxonomic Foundations
223.1 Defining Protocol-Nativity
233.2 Distinguishing Protocol-Native from Protocol-Adjacent Systems
243.3 Taxonomy of Protocol-Native Architectures
253.4 The Mechanism Design Substrate
26CHAPTER 4
27Disaggregating Transaction Costs — A Component-Level Analysis
284.1 Search and Information Costs
294.2 Bargaining and Decision Costs
304.3 Monitoring and Enforcement Costs
314.4 Adaptation and Renegotiation Costs
324.5 Synthesis: Aggregate Elimination Versus Residual Friction
33CHAPTER 5
34Quantitative Synthesis — Evidence Across Domains
355.1 Financial Settlement and Clearing
365.2 Supply Chain Coordination
375.3 Digital Identity and Credentialing
385.4 Intellectual Property and Licensing
395.5 Governance and Collective Decision-Making
405.6 Forest Plot and Aggregate Effect Estimates
41CHAPTER 6
42Theoretical Implications — Beyond Coase
436.1 The Zero-Transaction-Cost Benchmark Revisited
446.2 Institutional Substitution Versus Institutional Elimination
456.3 Protocol Governance as a New Organizational Form
466.4 The Residual: Computational Costs and Their Character
47CHAPTER 7
48Discussion and Conclusions
497.1 Summary of Findings
507.2 Boundary Conditions and Moderators
517.3 Implications for Firm Theory and Organizational Boundaries
527.4 Future Research Directions
537.5 Concluding Remarks
54BIBLIOGRAPHY