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...
| Main Author: | |
|---|---|
| Contributors: | |
| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
|
| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
1994
|
| In: |
International journal of value-based management
Year: 1994, Volume: 7, Issue: 3, Pages: 207-218 |
| Further subjects: | B
Cost Economic
B Transaction Cost B Economic Theorist B Cost Advantage B Moral hazard |
| Online Access: |
Volltext (lizenzpflichtig) |
| Summary: | 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 |
| Contains: | Enthalten in: International journal of value-based management
|
| Persistent identifiers: | DOI: 10.1007/BF00897783 |