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Trust affects almost all human relationships - in families, organizations, markets and politics. However, identifying the conditions under which trust, defined as people's beliefs in the trustworthiness of others, has a causal effect on the efficiency of human interactions has proven to be...
Persistent link: https://www.econbiz.de/10011926027
Trust affects almost all human relationships - in families, organizations, markets and politics. However, identifying the conditions under which trust, defined as people's beliefs in the trustworthiness of others, has a causal effect on the efficiency of human interactions has proven to be...
Persistent link: https://www.econbiz.de/10011927871
institutions limiting the scope for opportunism may favor the spreading of trustworthiness (crowding in), but the opposite …
Persistent link: https://www.econbiz.de/10010194809
This paper studies whether institutions matter for economic performance. For this aim, we first construct a simple … framework illustrating how to examine the interaction between institutions and economic performance from a different point of … interaction between institutions and economic performance in Turkey. Co-integration analysis finds a long-run relationship between …
Persistent link: https://www.econbiz.de/10011558534
Collusive agreements in the form of cartels among firms are complex structures. The involved firms need to agree on prices and sales quotas that are legally not enforceable. Market characteristics that foster cartels’ failure or success are widely examined. However, the interplay between the...
Persistent link: https://www.econbiz.de/10014481223
Investment liberalizing countries are often concerned that cross-border mergers & acquisitions, in contrast to greenfield investments, might have an adverse effect on domestic firms and consumers. However, given that domestic assets are sufficiently scarce, we identify a preemption effect and an...
Persistent link: https://www.econbiz.de/10010320024
Investment liberalizing countries are often concerned that cross-border mergers & acquisitions, in contrast to greenfield investments, might have an adverse effect on domestic firms and consumers. However, given that domestic assets are sufficiently scarce, we identify a preemption effect and an...
Persistent link: https://www.econbiz.de/10010320103
poor and rich countries. However, there is still the unsolvedpuzzle that the relationship between development and …
Persistent link: https://www.econbiz.de/10011302623
This paper examines the hypothesis that cooperation depends on the aspirations that individuals hold for their community welfare and tests whether videos that depict either a successful example of collective action or living conditions in rural areas can shape community aspirations and increase...
Persistent link: https://www.econbiz.de/10012490685
We propose that community aspirations defined as the preferences for goals that increase communal well-being are an important determinant of cooperation in collective action problems. This paper conceptualizes community aspirations and investigates whether the proposed measure is associated with...
Persistent link: https://www.econbiz.de/10012490695