Cordes, Christian; Richerson, Peter J.; McElreath, Richard - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2006
This paper relates firm size and opportunism by showing that, given certain behavioraldispositions of humans, the size of a profit-maximizing firm can be determined by cognitiveaspects underlying firm-internal cultural transmission processes. We argue that what firms dobetter than markets –...