Institutional aspects of transaction costs for the customary environment of the transboundary region.
Abstract
In this research, the influence of the institutional and customary environment on the development of foreign economic relations in the transboundary region is studied. The systematization of the primary informal institutions has been carried out, and the essential factors operating in the cross-border areas are determined. The estimation of specialists of enterprises participating in foreign economic activity, the level of influence of elements of the customary field on the magnitude of transaction losses during the implementation of different economic activities within the boundaries of the transboundary regions between Ukraine and European Union are revealed. The model, using the fuzzy logic theory was developed to identify the integrated magnitude of the influence of the components of the customary field on various types of transaction losses.
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