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At the moment of its registration (negotiations and the contract conclusion), the third carries
Postcontract character (security measures against the opportunistic
Behaviour, measures on restoration of the broken property rights).
Transaktsionnye costs can act not only in obvious, but also and in
To the implicit form. If they are so great that in general block possibility
Transaction to register them it is not possible (as any transactions not
It is made). But from it their influence does not become less real: after all
Their excessively high potential level forces the economic
Agents to refuse inclusion in exchange process.
Transaktsionnye costs accompany the decisions accepted as on
Individual, and at collective level. Expenses on formation and
To maintenance of legal system fall on all members of a society as a whole. Expenses
On the conclusion and legal protection (within the limits of existing legal system!)
The concrete transaction - on its direct participants. In many cases
Speaks aspiration to reduce their size for individual agents.
Thus, cumulative costs of a society develop of expenses of the earth,
Work, the capital and the enterprise abilities necessary, first,
For transformation of physical properties of the various blessings (their colour, chemical
Structure, sites etc.) and, secondly, for interaction adjustment
Between economic agents (differentiations, protection, transfers and
(As their D.Nort has named) is defined first of all by the technological
To maintenance of economic systems on the move "(6).
Certainly, it does not mean that those and other costs can be considered
Separately, out of interrelation existing between them. For example, high
(So, it the property rights can conduct to refusal of investment in
Long-term actives and to prevalence of labour-consuming technologies.) and, on the contrary,
Occurrence of new technologies can complicate or simplify conclusion process
Transactions to conduct to reduction or increase of the costs connected with them.
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