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It has been claimed that the market fosters selfishness and thereby undermines the moral basis of society. This thesis has been developed with an emphasis on market exchange. Everyday life is, however, predominantly shaped by interactions in the workplace rather than by shopping behaviour. This...
Persistent link: https://www.econbiz.de/10011415214
provide ex ante investment incentives, while bargaining is ex post efficient. In contrast, transaction cost economics …
Persistent link: https://www.econbiz.de/10005067623
Informal long-term relationships and mutual confidence play a crucial role in modern economies in at least two dimensions. First, the performance of firms is strongly affected by their capacity to solve organizational questions effectively and this capacity is apparently strongly related to...
Persistent link: https://www.econbiz.de/10008777145
Informal long-term relationships and mutual confidence play a crucial role in modern economies in at least two dimensions. First, the performance of firms is strongly affected by their capacity to solve organizational questions effectively and this capacity is apparently strongly related to...
Persistent link: https://www.econbiz.de/10008788689
It has been claimed that the market fosters selfishness and thereby undermines the moral basis of society. This thesis has been developed with an emphasis on market exchange. Everyday life is, however, predominantly shaped by interactions in the workplace rather than by shopping behaviour. This...
Persistent link: https://www.econbiz.de/10005566784
In this paper we incorporate the interdisciplinary New Institutional and Transaction Costs Economics (combining … Economics, Organization, Law, Sociology, Behavioral and Political Sciences), and suggest a framework for analyzing the … framework, and support with examples. Firstly, we discuss the modern concepts and the economics of sustainability. Secondly, we …
Persistent link: https://www.econbiz.de/10004961514
In this paper we incorporate achievements of interdisciplinary New Institutional and Transaction Costs Economics … (combining Economics, Organization, Law, Sociology, Behavioral and Political Sciences) into analysis of agrarian organizations …
Persistent link: https://www.econbiz.de/10008502729
-commerce provides New-Institutional Economics with a stimulating case study. …
Persistent link: https://www.econbiz.de/10010735773
insights from the literature on industrial organization and law and economics. The result is a unified framework that reveals …
Persistent link: https://www.econbiz.de/10009004295
This paper provides new evidence on the contractual governance of technology licensing agreements. Using an international sample of licensing contracts, we explore how contracts are designed to deal with specific contractual risks. In particular, we comparatively assess the influences of...
Persistent link: https://www.econbiz.de/10011166553