tehingukulususte
Tehingukulususte is a term used in Estonian-language discussions to describe systems, methods, and governance arrangements aimed at reducing the costs associated with economic transactions. It encompasses the study and design of conditions under which exchanges are negotiated, documented, and enforced. The concept builds on the idea that transactions incur costs beyond the price of goods or services, including search and information costs, bargaining costs, and enforcement costs.
A central aim of tehingukulususte is to lower frictions in exchanges by improving information clarity, standardizing
Key components typically featured in tehingukulususte include contract design (clear terms and standard clauses), governance structures
Applications span a range of sectors, including e-commerce marketplaces, supply chains, financial services, public and private
Status: The term appears in some Estonian texts and is related to broader concepts such as transaction