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DESCRIPTION:The Role of Transaction Costs in Douglass North’s Understand
 ing of the Process of Change in Economic History\, ready by Shripad Agashe
X-WR-CALDESC:The Role of Transaction Costs in Douglass North’s Understan
 ding of the Process of Change in Economic History\, ready by Shripad Agash
 e
NAME:PWL Feb 2023: "Understanding of the Process of Change in Economic His
 tory"
X-WR-CALNAME:PWL Feb 2023: "Understanding of the Process of Change in Econ
 omic History"
REFRESH-INTERVAL;VALUE=DURATION:PT12H
SUMMARY:PWL Feb 2023: "Understanding of the Process of Change in Economic 
 History"
TIMEZONE-ID:Asia/Kolkata
X-PUBLISHED-TTL:PT12H
X-WR-TIMEZONE:Asia/Kolkata
BEGIN:VEVENT
SUMMARY:PWL Feb 2023: "Understanding of the Process of Change in Economic 
 History"
DTSTART:20230224T103000Z
DTEND:20230224T120000Z
DTSTAMP:20260421T141954Z
UID:session/Gy1b77cMFhTWMXWD9486Ne@hasgeek.com
SEQUENCE:13
CREATED:20230202T092144Z
DESCRIPTION:**The Cost of Trust or Mistrust**\n\nIf you look at any activi
 ty\, there are subtle motivations and tradeoffs which direct our actions. 
 The idea of transaction cost for a given exchange is such a subtle backdro
 p for many of our seemingly irrational actions. From farmers going to a lo
 an shark instead of banks to the rise of nfts and tokenization. The impora
 tance of this idea can be guaged from the fact that the pioneer of this fi
 eld of study was awarded a nobel prize in 1961. The DevOps movement as the
  name suggests leveraged this idea to make software delivery more effectiv
 e. Unfortunately as it happens in most cases\, DevOps became all about too
 ls and buzz words and the original intent was lost.\n\nSo how does this ap
 ply to DevOps thinking? *As John Willis in his famous talk on DevOps says\
 , its about Culture\, Culture and Culture*. In this reading session\, we w
 ill peel the ideas from the original paper on Transaction Costs and draw p
 arallels to the DevOps and the software industry. Shripad Agashe (https://
 twitter.com/ShripadAgashe) will conduct the reading.\n\nThe paper can be f
 ound at the link here - https://papers.ssrn.com/sol3/papers.cfm?abstract_i
 d=3282751\n\nThe Zoom link for the Session - https://us06web.zoom.us/j/848
 38755948?pwd=aVB2dldSRlFvOUNWc1lGUVZHOWNVdz09
LAST-MODIFIED:20231121T064814Z
LOCATION:Online - https://hasgeek.com/pwl_bangalore/papers-we-love-februar
 y-2023-meetup/
ORGANIZER;CN="Papers We Love Bangalore":MAILTO:no-reply@hasgeek.com
URL:https://hasgeek.com/pwl_bangalore/papers-we-love-february-2023-meetup/
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DESCRIPTION:PWL Feb 2023: "Understanding of the Process of Change in Econo
 mic History" in 5 minutes
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