Institutional Economics of Cooperation and The Political Economy of Trust

Institutional Economics of Cooperation and The Political Economy of Trust

The aim of this paper is to analyse the institutional economics of cooperation and the political economy of trust. It has reviewed transaction costs, the principal-agent theory, market power, increasing-returns theory and value creation, strategic management, competitive forces, resource-based theor...

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Veröffentlicht in:Paradigm (Ghāziabād, India) India), 2006-07, Vol.10 (2), p.1-8
1. Verfasser: Vargas-Hernández, José G.
Format: Artikel
Sprache:eng
Schlagworte:
Business competition
Cooperation
Economic analysis
Economic models
Political economy
Resource management
Strategic management
Trust
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Zusammenfassung:The aim of this paper is to analyse the institutional economics of cooperation and the political economy of trust. It has reviewed transaction costs, the principal-agent theory, market power, increasing-returns theory and value creation, strategic management, competitive forces, resource-based theory, organizational knowledge and learning, strategic choice theory and collective efficiency theory. Finally, it has explained the political economy of trust.
ISSN:0971-8907
2394-6083
DOI:10.1177/0971890720060202