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作者:Haxhi, Ilir; Rivera-Santos, Miguel; Rufin, Carlos
作者单位:University of Amsterdam; Babson College; University of Suffolk
摘要:We explore how, and under which conditions, market institutions can spontaneously arise after an institutional collapse. Drawing on emergence theory, we develop a multilevel model of institutional emergence after an extreme collapse, where only the individuals' memories remain from pre-collapse institutions. We start with individuals seeking to transact, looking to decrease cost and increase trust in their transactions. At the micro level, the multiplication of transactions can trigger process...
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作者:Krause, Ryan; Withers, Michael C.; Waller, Mary (Mara) J.
作者单位:University of Iowa; University of Notre Dame; Colorado State University System; Colorado State University Fort Collins
摘要:The board of directors is the highest decision-making group in the organizational hierarchy. Yet, there remains considerable ambiguity as to what constitutes effective board decision-making, and even greater ambiguity as to how to achieve it. We conceptualize the board decision-making process as occurring in three phases-discovery, deliberation, and decision-and we introduce the concept of board decision synergy as a form of effectiveness applicable to this process. Board decision synergy occu...
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作者:Ballinger, Gary A.; Schoorman, F. David; Sharma, Kinshuk
作者单位:Purdue University System; Purdue University; University of North Texas System; University of North Texas Denton
摘要:We explore changes in the emotions of hope and fear in the time between a decision to take a risk based on trust and the time at which that trust is validated or betrayed. We term this period the vulnerability phase and propose that relationships comprise many of these. Blending motivation theories on self-regulation and goal-related behavior, we propose a view of trustors as information processors throughout a vulnerability phase. Trustors evaluate new information on the ability, benevolence,...
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作者:Gregory, Robert Wayne; Beck, Roman; Henfridsson, Ola; Yaraghi, Niam
作者单位:University of Miami; University of Miami; University of Miami; IT University Copenhagen; Halmstad University
摘要:Enhancing cooperation among strangers is challenging. Strangers, who lack previous interactions and trust, cannot rely on human reciprocity as they engage in social and economic exchange. They have a tendency to defect for maximizing individual interests rather than to cooperate for benefiting each party in the exchange. Blockchain-based smart contracts come with the promise of solving this dilemma of cooperation. In this paper, we trace this promise to a new mechanism of cooperation, programm...