Simulating Economics for Mining and Shipping Projects using Transaction Cost Economics
This paper develops a simulation framework for mining and shipping projects grounded in transaction cost economics. It shows how coordination costs, contractual frictions, and logistics constraints shape project viability under uncertainty. The framework is designed for capital-intensive resource projects where traditional discounted cash flow models obscure institutional risk.
Authors
- Peter Bell (ORCID: https://orcid.org/0009-0004-0415-7774)
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2026-01-21
- DOI
- https://doi.org/10.5281/zenodo.18440889
- Primary Topic
- Mining Techniques and Economics
- Type
- article
- Field-Weighted Citation Impact
- 0.00