Yi, Ho-Taek; Lee, MinKyung; Amenuvor, Fortune Edem - 2021
opportunism. The study also discovers that active opportunism has a positive effect on both bargaining costs and monitoring costs …, whereas passive opportunism has a positive and direct effect on maladaption costs but a negative effect on monitoring costs … opportunism can raise transaction costs. Alternative attractiveness is identified as a driver of the impact of transaction costs …