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I study the capacity of business associations - private, formal, noncommercial organizations designed to promote the common business interests of their members - to support contract enforcement and collective action. Inspired by recent empirical literature, my theoretical framework connects the...
Persistent link: https://www.econbiz.de/10013108863
We study the capacity of business associations|private, formal, noncommercial organizations designed to promote the common business interests of their members|to support contract enforcement and collective action. Inspired by recent empirical literature, our theoretical framework connects the...
Persistent link: https://www.econbiz.de/10013064974
We analyze competition among clubs in which the status of club members is the crucial added value accruing to fellow club members through social interaction within the club (e.g. in country clubs, academic faculties, or internet communities). In the course of competition for new members, clubs...
Persistent link: https://www.econbiz.de/10014062328