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ICCCI
2009
Springer
13 years 9 months ago
A Multi-agent Model of Deceit and Trust in Intercultural Trade
Trust is a sine qua non for trade. According to transaction cost economics, a contract always offers some opportunity to defect. In the case of asymmetric product information, wher...
Gert Jan Hofstede, Catholijn M. Jonker, Tim Verwaa...
TCCI
2010
13 years 3 months ago
A Cross-Cultural Multi-agent Model of Opportunism in Trade
According to transaction cost economics, contracts are always incomplete and offer opportunities to defect. Some level of trust is a sine qua non for trade. If the seller is better...
Gert Jan Hofstede, Catholijn M. Jonker, Tim Verwaa...