A Transactions Cost Approach to the Theory of Financial Intermediation

1976 ◽  
Vol 31 (2) ◽  
pp. 215 ◽  
Author(s):  
George J. Benston ◽  
Clifford W. Smith
Keyword(s):  
Financial Intermediation ◽  
Cost Approach ◽  
Transactions Cost

A TRANSACTIONS COST APPROACH TO THE THEORY OF FINANCIAL INTERMEDIATION

1976 ◽  
Vol 31 (2) ◽  
pp. 215-231 ◽  
Author(s):  
Myron Scholes ◽  
George J. Benston ◽  
Clifford W. Smith
Keyword(s):  
Financial Intermediation ◽  
Cost Approach ◽  
Transactions Cost
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