RT Article
T1 Embedded cultural values and international transaction cost advantages
JF International journal of value-based management
VO 7
IS 3
SP 207
OP 218
A1 Strong, Kelly C.
A1 Weber, James
LA English
PB Proquest
YR 1994
UL https://www.ixtheo.de/Record/1801629358
AB Culturally embedded differences in self-interested behavior and perceptions of trust violate the universal assumption of moral hazard held by transaction cost economic theorists. A model of transaction cost advantage is derived and propositions developed using the cultural value diversity literature to test the universal assumptions of transaction cost economics.
K1 Cost Advantage
K1 Moral Hazard
K1 Cost Economic
K1 Transaction Cost
K1 Economic Theorist
DO 10.1007/BF00897783