2006
DOI: 10.1177/0971890720060202
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Institutional Economics of Cooperation and The Political Economy of Trust

Abstract: The aim of this paper is to analyze the institutional economics of co-operation and the political economy of trust. It is reviewed the transactions costs, the principal -agent theory, market power, increasing-returns theory and value creation, strategic management: competitive forces, resource-based theory, organizational knowledge and learning, strategic choice theory and the collective efficiency theory. Finally, it is sustained the political economy of trust.Key words: Co-operation, institutional economics,… Show more

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