Replication users typically have two very conflicting needs. They require the online transaction workload to proceed seamlessly, as if there was no replication. At the same time, they need the latency of the replica to be extremely small, or, in other words, near real time. Now, synchronous replication guarantees no latency, but it does so at tremendous cost to the transaction throughput and sy...

The NFC wallet is more popular in the world than before. Many people want to have a convenient payment in shopping, so the NFC wallet becomes an excellent choice for them. The NFC wallet uses the Card Emulation mode to achieve the transaction process. However, the Card Emulation mode does not have the specified secure transaction protocol. Our research provides a secure transaction protocol for...

Consumers pay for hundreds of goods and services each year, but across households and across goods, consumers do not choose to pay the same way. This paper posits that payment choices depend in part on consumers’ propensity to adopt new technologies and in part on the nature of the transaction. To test this hypothesis, this paper analyzes consumer’s payment instrument use at the point of sale a...

This paper distinguishes between governance structure and contractual form. The basic premise is that researchers often confuse these two concepts when they develop or empirically test models within the transaction cost framework. In the paper I utilize a simple principal-agent model to show that transaction cost factors affect both contractual form and governance structure, but not identically...

The purpose of this paper is to propose a case of using expert decision-making of analytical hierarchy process (AHP) method to finding the best e-commerce platform. This study to finding five important factors are shop fee, annual fee, publication costs, transaction costs and security by vendors, merchants and customers; after using expert questionnaires to choice four shopping platforms (yahoo...

This note connects the idea of arbitrage pricing under transaction costs to the existence and structure of derivatives markets. It illustrates the “paradox” of pure arbitrage pricing via replicating portfolios and the existence of markets for redundant securities in a general multi-period model as in Duffie (1996). A general result under homogeneous transaction costs regarding the choice betwee...

We analyze the relation between transaction costs and venue choice using proprietary transaction-level data from institutional trade executions in U.K. equity market. show that, for a given investor, higher share of dark trading (midpoint pools) is associated with lower execution costs. In context recent ban on trading, we provide evidence consistent migration towards substitute venues such as ...

environmental characteristics, including the quality of green spaces, constitute one of the determinants of buildings (house & apartment) transaction prices. in this research, impact of urban green space on building's transaction prices (rials/m2) in karaj region, district 1 (jahanshahr), was analyzed. therefore, a questionnaire concerning building characteristics and transaction prices wa...

Electric vehicles (EVs) promise a sustainable solution to mitigating negative emission externalities of transportation systems caused by fossil-fueled conventional (CVs). While recent developments in battery technology and charging infrastructure can help evolve the niche market EVs into mass market, are yet be widely adopted public. This calls for an in-depth understanding public adoption beha...