The authors have conducted an exhaustive literature survey of the experimental studies on Expected-utility Theory (EUT) in order to account for the violations of its axiomatic foundations. Beyond identifying and classifying the (behavioral) bias phenomena according to the axiom(s)-violated, the...

The relationships in any socio-structural arrangements are probable to last long if driven by trust (not deterrence) and having power symmetry is a necessary if not the sufficient condition for culmination of trust in strategic networks. But in very fewer instances the organizations are embedded...