Tobin worried that too much efficiency would create instability in the markets as transaction costs fell, said Stiglitz.

托宾担心当交易成本下降时，速度太快会造成市场的不稳定，施蒂格利茨说。

youdao

Fraud in letters of credit erodes the security and efficiency of transaction.

信用证欺诈正日益侵蚀着信用证交易的安全和高效。

youdao

Since the new system functions are not perfect, resulting in the construction market transaction costs, trade order and chaos, affecting the efficiency of the bidding system.

由于新体制的功能尚未完善，致使建筑市场交易成本过高，交易秩序出现混乱，影响了招标投标制度的效率。

youdao

When institutional operations are not transparent, it can increase transaction costs, reduce the efficiency of public services, distort the decision-making process and undermine social values.

UNESCO: Accountability

It bids for jobs on a per-transaction basis and then uses computers and software to increase efficiency and its profit on the work.

FORBES: The human factor