Opportunism and Bounded Rationality in Transaction Cost Economics: Values, Attitudes, or Behaviors?

Considering the long-standing debate about whether TCE treats opportunism and bounded rationality as attitudes or behaviors, this chapter suggests that this debate can be resolved by the introduction of the value-attitude-behavior (VAB) hierarchy. We poin

  • PDF / 5,324,819 Bytes
  • 386 Pages / 433.701 x 612.283 pts Page_size
  • 106 Downloads / 265 Views

DOWNLOAD

REPORT


Toward Behavioral Transaction Cost Economics Theoretical Extensions and an Application to the Study of MNC Subsidiary Ownership George Z. Peng

International Marketing and Management Research

Series Editor Anshu Saxena Arora School of Business and Public Administration University of the District of Columbia Washington, DC, USA

International Marketing and Management Research (IMMR) Series provides a forum for academics and professionals to share the latest developments and advances in knowledge and practice of global business and international management. The series is a uniquely positioned contribution of interrelated research papers across all business disciplines including: marketing, international business, strategy, digital strategy, organizational behavior and cross-cultural management, international marketing, international finance, global value chains, global supply chain management, sustainable innovations, e-business and e-commerce, social media, new product design and innovation, and business economics. Six volumes have been published under the IMMR series. Each research paper published in this series goes through a double-blind peer review process. Through the series, we examine the impact of cross-cultural issues, characteristics, and challenges with regard to global and sustainable business innovations; institutional and regulatory factors on international marketing and management issues; and the effects of institutional changes on global businesses with regard to both traditional and digital worlds. IMMR series fosters the exchange of ideas on a range of important international subjects, provides stimulus for research, and strengthens the development of international perspectives. The international perspective is further enhanced by the geographical spread of the contributors.

More information about this series at http://www.palgrave.com/gp/series/14845

George Z. Peng

Toward Behavioral Transaction Cost Economics Theoretical Extensions and an Application to the Study of MNC Subsidiary Ownership

George Z. Peng University of Regina Regina, SK, Canada

ISSN 2662-8546 ISSN 2662-8554 (electronic) International Marketing and Management Research ISBN 978-3-030-46877-4 ISBN 978-3-030-46878-1 (eBook) https://doi.org/10.1007/978-3-030-46878-1 © The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2021 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that