information impactedness

English dictionary entry

Meanings

noun
  1. A characteristic of transactions in which the parties to a contract are inclined to operate opportunistically in the presence of uncertainty and complexity surrounding the contract.

Word forms

information impactedness

Etymology

Coined by Oliver E. Williamson, an American economist and a professor at the University of California, Berkeley.

This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.