Social Trust and Economic Governance

Social Trust and Economic Governance

The paper investigates the dynamic relationship between social trust and economic governance using a principal-agent model with stochastic returns. To mitigate the inherent moral hazard problem both intrinsic and extrinsic incentives are useful. The cooperative tendency of an agent measures his intr...

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Bibliographic Details
Main Author: HUANG, Fali
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2004
Subjects:
Behavioral Economics
Business Law, Public Responsibility, and Ethics
Political Economy
Online Access:https://ink.library.smu.edu.sg/soe_research/1197
https://ink.library.smu.edu.sg/context/soe_research/article/2196/viewcontent/trustgovernancenew.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/1197
https://ink.library.smu.edu.sg/context/soe_research/article/2196/viewcontent/trustgovernancenew.pdf

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