The answer is that in the presence of transaction costs, the formal authority of company decision-making may solve bargaining problems better inside the firm than market trading outside.
答案在于，在有交易成本的情况下，与外部的市场交易相比，公司决策的正式权力也许能够更好地解决议价问题。
This paper studies the bargaining process of the bilateral electricity contract with uncertain transaction capacity and price.
研究价格和数量都不确定的直购电力合同的谈判过程。
In a zero transaction cost world, bargaining strength does not affect the efficiency of outcomes;
在一个零交易费用的世界，谈判力量并不影响结果的有效性；
In a zero transaction cost world, bargaining strength does not affect the efficiency of outcomes;
在一个零交易费用的世界，谈判力量并不影响结果的有效性；
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