Article ID Journal Published Year Pages File Type
970217 The Journal of Socio-Economics 2008 7 Pages PDF
Abstract

Even though norms have been integrated in the formal theory of the firm, we have not seen a clear-cut relationship between norms and firm boundaries. In a simple game of relationship specific investments, I show that the parties’ reputation for being trustworthy may be decisive for optimal asset ownership.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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