Laaksonen, Toni; Jarimo, Toni; Kulmala, Harri I. - In: International Journal of Production Economics 120 (2009) 1, pp. 79-87
In this paper we model the real cost structures of three customer-supplier relationships through a game theory approach. The three cases demonstrate the benefits of mutual interfirm trust in financially measurable terms. Indeed, interfirm trust can decrease the transaction costs of the...