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In our model, self-interested agents prefer to buy from local neighbors rather than from cheaper outside vendors even in the absence of memory and coordination mechanisms. All they know is who is a local neighbor. Buyers voluntarily pay rents because they internalize that their neighbors will be...
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Governments and regulators often impose reporting requirements for a specific class of activities, to encourage beneficial corporate behavior by increasing information quality through reporting standards. We find that Corporate Social Responsibility (CSR) reports tend to increase the prevalence...
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This article offers an in-depth study of self-regulation of a bank’s employee volunteers as a modality of organizational control from the late 1970s onwards. It also seeks to discuss the affinity between these methodical and intentional organizational practices and other parallel formative...
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