Frequency of transactions drives up costs in Brazilian pharmaceutical retail market.
The article explores how different factors affect the costs in the Brazilian pharmaceutical retail market. By looking at things like uncertainty, asset specificity, frequency of transactions, and opportunism, the researchers found that the frequency of transactions influences opportunistic behavior, which in turn impacts transaction costs. They also discovered that uncertainty affects costs before transactions, while asset specificity affects costs after transactions. This information can help companies in the pharmaceutical retail market make better decisions to avoid unexpected problems.