Narrow search
Showing 1 - 10 of 5,220
Cover Image
The new institutional economics - main theories
Obińska-Wajda, Emilia - In: e-Finanse: Financial Internet Quarterly 12 (2016) 1, pp. 78-85
The aim of this arti cle is to show that the New Insti tuti onal Economics is an interdisciplinary stream combining economics, law, organizati on theory, politi cal sciences, sociology, and anthropology. The main theories which are part of the New Insti tuti onal Economics are: Agency Theory,...
Persistent link: https://www.econbiz.de/10012011861
Cover Image
Consistency in organization (updated)
Schlicht, Ekkehart - 2011
Internal organization relies heavily on psychological consistency requirements. This thought has been emphasized in modern compensation theory, but has not been extended to organization theory. The perspective sheds new light on several topics in the theory of the firm, like the boundaries of...
Persistent link: https://www.econbiz.de/10010278547
Cover Image
Consistency in Organization
Schlicht, Ekkehart - 2008
Internal organization relies heavily on psychological consistency requirements. This perspective has been emphasized in modern compensation theory, but has not been extended to organization theory. The idea is developed by starting from Williamson's discussion of idiosyncratic exchange. The...
Persistent link: https://www.econbiz.de/10010427523
Cover Image
Social Evolution, Corporate Culture, and Exploitation
Schlicht, Ekkehart - 2002
It has been claimed that the market fosters selfishness and thereby undermines the moral basis of society. This thesis has been developed with an emphasis on market exchange. Everyday life is, however, predominantly shaped by interactions in the workplace rather than by shopping behaviour. This...
Persistent link: https://www.econbiz.de/10010262244
Cover Image
Transaction Costs, Market Failure and Economic Development
Todorova, Tamara - 2016
This paper relates economic development to transaction costs. It reveals the triad transaction costs-market failure-economic underdevelopment. Many scholars attribute the problems of development to the failure of markets to perform their role of resource allocation. Some deny market failure and...
Persistent link: https://www.econbiz.de/10011633956
Cover Image
How does opportunistic behavior influence firm size?
Cordes, Christian; Richerson, Peter J.; McElreath, Richard - 2006
This paper relates firm size and opportunism by showing that, given certain behavioral dispositions of humans, the size … cooperative regime among its employees that keeps in check opportunism. A model depicts the outstanding role of the entrepreneur … opportunism-related costs are a reason for keeping firms' size small. …
Persistent link: https://www.econbiz.de/10010266749
Cover Image
Institutional Quality of the Business Environment: Some European Practices in a Comparative Analysis
Marinescu, Cosmin - In: Amfiteatru Economic Journal 15 (2013) 33, pp. 270-287
In contemporary economic literature, we can find plenty of theoretical and empirical approaches which seek to highlight the most appropriate factorial variables that are associated with the institutional quality of the business environment. This study presents, in a summarised version, the...
Persistent link: https://www.econbiz.de/10011724814
Cover Image
Understanding the relationship between institutions and economic development: Some key theoretical issues
Chang, Ha-Joon - 2006
The paper tries to improve our understanding on the role of institutions in development by critically examining the current orthodox discourse on institutions and highlighting some of its key problems. After discussing some definitional problems, the chapter examines a number of problems in the...
Persistent link: https://www.econbiz.de/10010279261
Cover Image
Forms, importance and working of social institutions
Vihanto, Martti - 2009
Social institutions are persistent regularities in contracting and other relations amongst men and in the unintended consequences of such rule-like behavior. They include morality and law as well as institutions of governance such as branding and advertising. Institutions are studied in all...
Persistent link: https://www.econbiz.de/10012503003
Cover Image
Neuroökonomik, Institutionen und verteilte Kognition: Empirische Grundlagen eines nicht-reduktionistischen naturalistischen Forschungsprogramms in den Wirtschaftswissenschaften
Herrmann-Pillath, Carsten - 2011
This paper presents an overview of recent research in neuroeconomics, in the light of the question how these relate to institutional economics. I present a critique of Glimcher's recent internalist standard model of neuroeconomics and put forward the claim that only an externalist approach can...
Persistent link: https://www.econbiz.de/10010307235