Evidence item
The passage says Coasean economics holds transaction costs determine firm size, so zero transaction costs push firm size toward zero. DIRECT_TEXT
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Exact excerpt
the whole point of of cosian economics is transaction costs determine the size of the firm... So if transaction costs are going to zero that agitates in favor of the size of the firm going to zero.
Linked claims
| Claim | Direction | Relevance | Steps | Counted |
|---|---|---|---|---|
| 9cf46c17 | SUPPORT | DIRECT | 1 | yes |
Audits
None.