Embedded cultural values and international transaction cost advantages

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...

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Détails bibliographiques
Auteurs: Strong, Kelly C. (Auteur) ; Weber, James (Auteur)
Type de support: Électronique Article
Langue:Anglais
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Publié: Proquest 1994
Dans: International journal of value-based management
Année: 1994, Volume: 7, Numéro: 3, Pages: 207-218
Sujets non-standardisés:B Cost Economic
B Transaction Cost
B Aléa moral
B Economic Theorist
B Cost Advantage
Accès en ligne: Volltext (lizenzpflichtig)
Description
Résumé: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.
ISSN:1572-8528
Contient:Enthalten in: International journal of value-based management
Persistent identifiers:DOI: 10.1007/BF00897783