Last week my friend and co-author Mike Munger published our conversation on his podcast, The Answer is Transaction Costs: Smart Grids, DERs, and the Economics of Energy. He and I are both deeply ...
Nagle, Frank, Robert Seamans, and Steve Tadelis. "Transaction Cost Economics in the Digital Economy: A Research Agenda." Strategic Organization 23, no. 2 (May 2025): 351–365.
The total cost of owning an exchange-traded fund can be roughly split into two parts: holding costs and transaction costs. Holding costs come with owning an ETF. Trading costs are paid as investors ...