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In this chapter, we discuss when, how, and why trust and trustworthiness arise to support credible information sharing and cooperation in a supply chain. Synthesizing our learning, we identify the four building blocks of trust and trustworthiness as personal values and norms, market environment,...
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In this chapter, we discuss when, how, and why trust and trustworthiness arise to support cooperation within and across organizations. To do so, we first define trust and trustworthiness, discuss how they can be quantified and determine key components of trusting and trustworthy behavior. In...
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Cheap-talk communication between parties with conflicting interests is common in many business and economic settings. Two distinct behavioral economics theories, the trust-embedded model and the level-k model, have emerged to explain how cheap talk works between human decision makers. The...
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We integrate the results of a social network survey and a forecast information sharing experiment to examine the role of trust and trustworthiness in impacting high-ranking executives' decisions in supply chain interactions. The members of our executive sample have on average 17 years of work...
Persistent link: https://www.econbiz.de/10012898002