Showing 1 - 10 of 1,145
There has been a fundamental development in theory and understanding of market, private, collective and public organizations in recent years. This paper incorporates achievements of the interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law,...
Persistent link: https://www.econbiz.de/10015223744
Reputation systems that rely on feedback from traders are important institutions for helping sustain trust in markets, while feedback information is usually considered a public good. We apply both theoretical models and experiments to study how raters' feedback behavior responds to different...
Persistent link: https://www.econbiz.de/10015221392
After the micro politics, the complexity of the “public management”, polity and policies, is the same of the “private management” or the management of the others sectors of the social production reality. The science of management it is not defined by products, functions, sectors and so...
Persistent link: https://www.econbiz.de/10015268359
Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial hardship. We study how bargaining failures in such procedures impact the economic performance of participating firms in the context of Croatia, which introduced a "pre-bankruptcy...
Persistent link: https://www.econbiz.de/10015254695
None of the known macroeconomic theories are adequate to understand what to do in a global crisis like the 2020 Global Pandemic. Rational Expectations and monetarism cannot even ex-plain how is that a global crisis like this happens. The IS-LM model was designed to manage business cycles, but...
Persistent link: https://www.econbiz.de/10015214327
him if they can reduce the extent their punishment by doing so. A person may also use the punishment activity for gains if … conditions for the taking up the punishment activity are also worked out. …
Persistent link: https://www.econbiz.de/10015218929
motivation behind the punishment behavior. A society requires people to implant the social norms in others, and punishing the …. Since, punishing the rule breaker also benefits non-punishers, some people may start selling the punishment activity, if the …
Persistent link: https://www.econbiz.de/10015221003
Social fragmentation has been identified as a potential cause for the under-provision of public goods in developing nations, as well as in urban communities in developed countries such as the U.S. We study the effect of social fragmentation on public good provision using laboratory experiments....
Persistent link: https://www.econbiz.de/10015221895
This paper investigates how scientists decide whether to share information with their colleagues or not. Detailed data on the decisions of 1,694 bio-scientists allow to detect similarities and differences between academia-based and industry-based scientists. Arguments from social capital theory...
Persistent link: https://www.econbiz.de/10015222650
The present paper introduces a model of corporate strategies, based on institutional theories of the firm and formalized with the concepts of the theory of games. Corporate strategies are balanced outcomes of four social games: capital market, corporate governance, product market and social...
Persistent link: https://www.econbiz.de/10015223237