当你能劝说借贷人减少交易费用时，不要只根据价格就做出借款决定。

While you may be able to persuade the lender to reduce some of the transaction fees, don't make your borrowing decision based on price alone.

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利益相关者共同参与企业治理可以减少交易费用，降低代理成本，提高企业绩效。

Stakeholder co-governance can reduce transaction cost, cut down agent cost and increase enterprise's performance.

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企业用权威关系替代价格机制，而权威关系能够减少交易费用的原因在于“组织粘性”的存在。

In firm authority relation substitutes price mechanism, and it reduces transaction costs because of "organizational coherence".

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