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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Detalhes bibliográficos
Authors: Strong, Kelly C. (Author) ; Weber, James (Author)
Tipo de documento: Recurso Electrónico Artigo
Idioma:Inglês
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Publicado em: Proquest 1994
Em: International journal of value-based management
Ano: 1994, Volume: 7, Número: 3, Páginas: 207-218
Outras palavras-chave:B Cost Economic
B Transaction Cost
B Risco moral
B Economic Theorist
B Cost Advantage
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Descrição
Resumo: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
Obras secundárias:Enthalten in: International journal of value-based management
Persistent identifiers:DOI: 10.1007/BF00897783