Changes

In another example, a family restaurant can find transaction benefits in staying in business to serve a loyal clientele long beyond the profitability of that restaurant.  The value of providing stability and collegiality to the community through numerous daily transactions can exceed the financial benefits.

In another example, a family restaurant can find transaction benefits in staying in business to serve a loyal clientele long beyond the profitability of that restaurant.  The value of providing stability and collegiality to the community through numerous daily transactions can exceed the financial benefits.

Similarly, a community can find transaction benefits by supporting smaller shopkeepers and store owners in their towns, rather than commute to peripheral big-box stores such as Wal-Mart, as the value of keeping profits and business in the community has a huge net benefit.

Similarly, a community can find transaction benefits by supporting smaller shopkeepers and store owners in their towns, rather than commute to peripheral big-box stores such as Wal-Mart, as the value of keeping profits and business in the community has greater net benefits than the financial savings made by shopping at the big-box stores.

Transaction benefits can be contrasted with [[transaction costs]], which increase with regulatory complexity.

Transaction benefits can be contrasted with [[transaction costs]], which increase with regulatory complexity.

[[category:economics]]

[[category:economics]]