information impactedness
Word Rarity
Very rare
Frequency: Zipf frequency 0.00 in modern English
35
Scrabble Score
23
Letters
7
Syllables
13
Unique Chars
Meaning
noun
A characteristic of transactions in which the parties to a contract are inclined to operate opportunistically in the presence of uncertainty and complexity surrounding the contract.
Uncountable
Etymology
Coined by Oliver E. Williamson, an American economist and a professor at the University of California, Berkeley.