The fundamental research of financial market microstructure theories is the market transaction mechanism and the assets price forming.

金融市场微观结构理论研究的基本问题是市场交易机制与资产的价格形成问题。

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As management can make additional value for target enterprise, each side of transaction bids for the value of management based on fundamental value of fair transaction, and makes benefit for itself.

由于管理层可以为目标企业带来附加的管理价值，所以受各种因素的影响，交易双方主要围绕公平交易基础价值之上的管理价值进行搏弈，从而为自己创造利益。

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The fundamental concept of law and economics is transaction costs, it also includes a series of propositions and important deduction of transaction costs in law.

法经济学研究的核心范畴是交易成本，法律的交易成本分析有一系列命题和重要推论。

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And the fundamental role of government, in the modern transaction, gets lost.

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