The Economics of Business Culture : Game Theory, Transaction Costs, and Economic Performance

ISBN-13: 9780198283751

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Opis

This book provides an analysis of the economic effects of culture. By culture, the author means social values such as honesty, dedication, and loyalty. Analyzing the economic effects of culture in a rigorous fashion, the author argues that the gains from technology in modern societies can be offset by high costs if the moral dimension is missing.

Recenzje

`a simple account of the processes through which business culture affects national economic performance ... Casson has made a useful theoretical contribution on business culture, a subject that economists have tended to neglect. Scholars with an empirical bent will not be convinced by all his speculations about modern civilization, but they are certain to find his main argument highly informative and stimulating.' Journal of Economic Literature