transaction cost vs bargaining cost
bargaining cost vs transaction costtransaction cost and bargaining cost both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| transaction cost | Yes | No | No | No |
| bargaining cost | Yes | No | No | No |
As nouns,
bargaining cost is a hyponym of
transaction cost; that is, bargaining cost is a
word with a more specific, narrower meaning than
transaction cost:
- transaction cost: the cost of participating in a market.
- bargaining cost: the costs required to come to an acceptable agreement with the other party to the transaction, drawing up an appropriate contract and so on.
Other hyponyms of transaction cost include
policing and enforcement cost.
| transaction cost (noun) | bargaining cost (noun) |
|---|---|
| the cost of participating in a market. | the costs required to come to an acceptable agreement with the other party to the transaction, drawing up an appropriate contract and so on. |
Words related to "transaction cost"
Words related to "bargaining cost"
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