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The quasi-pension is the yield difference between the current and the secondarybest range of application of a factor of production.

The higher the quasi-pension is, the rather exists the danger of an exploitation.

A further definition of the quasi-pension is derived from the economic definition of a pension. While the pension marks an actual improvement of the Ziellerreichung beyond the best alternative, the quasi-pension is a false pension, since its improvement is only fictitious.

Example: The arising pension of a chartered accoutant in the second mandate period in an enterprise is used for it, in order in the first period the examiner achievements under its potenziell arising costs during test execution, offers to be able (Low Balling).

See also: transaction costs, olive Williamson


Articles in category "Quasi-pension"

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