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Transactionalism: An Historical and Interpretive Study, was written in 1966 by philosopher Trevor J. Phillips (1927–2016) and first published in December 2013. At the time of its publication, it was the first, most comprehensive account of the origins and evolution of the modern historical, philosophical, psychological, and educational philosophy known as transactionalism.
Transactional analysis is a psychoanalytic theory and method of therapy wherein social interactions (or "transactions") are analyzed to determine the ego state of the communicator (whether parent-like, childlike, or adult-like) as a basis for understanding behavior. [1]
Transactionalism is a pragmatic philosophical approach to questions such as: what is the nature of reality; how we know and are known; and how we motivate, maintain, and satisfy goals for health, money, career, relationships, and a multitude of conditions of life through mutually cooperative social exchange and ecologies.
In economics, a transaction cost is a cost incurred when making an economic trade when participating in a market. [1]The idea that transactions form the basis of economic thinking was introduced by the institutional economist John R. Commons in 1931.
Transaction cost analysis (TCA), as used by institutional investors, is defined by the Financial Times as "the study of trade prices to determine whether the trades were arranged at favourable prices – low prices for purchases and high prices for sales". [1] It is often split into two parts – pre-trade and post-trade.
The First World War period saw a change of emphasis in economic theory away from industry-level analysis which mainly included analyzing markets to analysis at the level of the firm, as it became increasingly clear that perfect competition was no longer an adequate model of how firms behaved. Economic theory until then had focused on trying to ...
In law and economics, the Coase theorem (/ ˈ k oʊ s /) describes the economic efficiency of an economic allocation or outcome in the presence of externalities. The theorem states that if trade in an externality is possible and there are sufficiently low transaction costs , bargaining will lead to a Pareto efficient outcome regardless of the ...
Script analysis is the method of uncovering the "early decisions, made unconsciously, as to how life shall be lived". [1] It is one of the five clusters in transactional analysis, involving "a progression from structural analysis, through transactional and game analysis, to script analysis". [2]