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Economists have a well-developed theory of value but the theory of why people hold the values they do is rudimentary at … positive theory of values is relatively under- developed. In this paper we propose a simple yet general way to think about …
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Recently, integrating Transaction Cost Economic (TCE) and Resource Based View (RBV) arguments has become one of the most prominent theoretical approaches in research on business relationships. We question this dominance and strengthen an exclusive TCE perspective by recalling two of the core TCE...
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their social contacts. I develop a model of how those judgments form based on a theory of symbolic values. The model depicts …
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described by the economic theory. We determine a significant influence of the labeling and the earmarking of taxes. We can show …
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