Achieving Cooperation: Contracts, Trust and Hostages

Different societies use different mechanisms to assist people or organizations achieve cooperation. The purpose of this paper is to compare three different approaches to achieving cooperation. They are a contractual approach widely used in Anglo-Saxon societies, a trust approach more common in Asia, and a hostage approach widely used in the past and perhaps useful now in Eastern Europe or perhaps in some developing countries.

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Year of publication:	1994
Authors:	Choi, Chong Ju ; Grint, Keith ; Hilton, Brian ; Taplin, Ruth
Published in:	Journal of Interdisciplinary Economics. - Vol. 5.1994, 3, p. 221-236

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011095667