Unverified50% confidenceFactExact time
Economists point out that transaction costs in low-trust societies are extremely high.
1
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50%
Confidence
Long-term
Relevance
9/11/2026
First Seen
Sources
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Related Claims
UnverifiedThe cost of rebuilding trust is often far greater than the labor costs originally sought to be saved.64% similarUnverifiedDue to the fixed transaction costs of traditional payment systems, micropayments make transactions below $0.5–$1 economically unviable, with fees potentially accounting for more than 30% of the transaction amount.59% similarUnverifiedEconomist Ronald Coase's transaction cost theory states that the boundaries of a firm depend on the balance between internal coordination costs and external market transaction costs.59% similarUnverifiedIn his book The Speed of Trust, Stephen M.R. Covey argues that for every level trust decreases, organizational operating speed slows significantly while operating costs rise, and he calls this the trust tax.58% similarUnverified转移定价通过集团内部的知识产权授权费、管理服务费等将利润转移至税率较低的司法管辖区，是跨国税务筹划中最核心也最具争议的工具57% similar
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