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Persistent link: https://www.econbiz.de/10012821181
We present an agent-based model to test two competing hypotheses in the theory of self-enforcing agreement. In cooperative teams (such as agricultural cooperatives), self-enforcing agreement plays a critical role in guaranteeing members' work incentives when the monitoring from a third party is...
Persistent link: https://www.econbiz.de/10013004516
The influence of peer effects on the diffusion of innovations has been extensively studied. However, the underlying mechanisms of peer effects are generally understudied. Gaps in this knowledge could lead to misestimation of peer effects and inefficient interventions. This study examined the...
Persistent link: https://www.econbiz.de/10014132339