Teraji Shinji
Affiliate Master
Yamaguchi University
Culture, effort variability, and hierarchy
Journal of Socio-Economics Volume 37 Issue 1
Page 157-166
published_at 2008-02
Title
Culture, effort variability, and hierarchy
Source Identifiers
[PISSN] 1053-5357
[NCID] AA10867870
Creator Keywords
culture
effort
firm hierarchy
This article investigates how culture affects economic outcomes in a behavioral model of the firm hierarchy which consists of a principal and an agent. In a society with two cultural orientations, the agent has to adopt the principal’s culture to work. Coordination requires an additional cost if the agent has to change cultures. Effort is not subject to contract. Given effort variability, different coordination costs can generate different effort levels among firms. There are effort complementarities between the parties, which enforce a multiplicity of possible equilibrium outcomes. Even though culture may cause the inefficient outcomes, market forces cannot reduce the freedom to preserve cultural identity.
Languages
eng
Resource Type
journal article
Publishers
Elsevier
Date Issued
2008-02
File Version
Not Applicable (or Unknown)
Access Rights
metadata only access
Relations
[isVersionOf]
https://doi.org/10.1016/j.socec.2006.12.028
[isPartOf]
[URI]http://www.sciencedirect.com/science/journal/10535357
Schools
経済学部