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This article looks back at the relationship between Australia and China, particularly following the normalisation of relations in 1972.
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Research in sociology and ethics suggests that individuals adhere to social norms of behavior established by their peers. Within an agency framework, we model endogenous social norms by assuming that each agent’s cost of implementing an action depends on the social norm for that action,...
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<heading id="h1" level="1" implicit="yes" format="display">ABSTRACT</heading>There is growing interest in the use of markets within firms. Proponents have noted that markets are a simple and efficient mechanism for allocating resources in economies in which information is dispersed. In contrast to the use of markets in the broader economy, the efficiency of an...
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