Trust in Japanese Interfirm Relations: Institutional Sanctions Matter
نویسندگان
چکیده
منابع مشابه
Truth, trust, and sanctions: On institutional selection in sender-receiver games
We conduct a laboratory experiment to investigate the impact of institutions and institutional choice on truth-telling and trust in sender-receiver games. We find that in an institution with sanctioning opportunities, receivers sanction predominantly after having trusted lies. Individuals who sanction are responsible for truth-telling beyond standard equilibrium predictions and are more likely ...
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a r t i c l e i n f o Microfinance is a vital source of funding for micro-entrepreneurs in emerging markets and underdeveloped nations. The emphasis in the literature on social sanctions as a mechanism for ensuring high repayment rates may be misplaced. We propose that the construct of harmonious social relations needs to be added in order to explain repayment rates and that high repayment rate...
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ژورنال
عنوان ژورنال: The Academy of Management Review
سال: 1998
ISSN: 0363-7425
DOI: 10.2307/259296