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TCE and its applications in management research put more emphasis on opportunism than on bounded rationality. By augmenting the bounded rationality assumption to include interpretive limitations, we show that there are sources of costly conflict that are not rooted in opportunism. Moreover, we show that bounded rationality may drive opportunism. All hierarchal forms are inherently subject to specific bounded-rationality-based conflicts, thus have different capacities to mitigate bounded-rationality-based transaction costs.

Publication information

Original languageEnglish
Title of host publicationAcademy of Management Proceedings 2013
EditorsLeslie Toombs
Place of PublicationBriar Cliff Manor, NY
PublisherAcademy of Management
Publication date2013
Pages933-938
Article number14596
StatePublished - 2013
Event - Lake Bueno Vista (Orlando), FL, United States

Conference

ConferenceThe Academy of Management Annual Meeting 2013
Nummer73
LandUnited States
ByLake Bueno Vista (Orlando), FL
Periode09/08/201313/08/2013
Internetadresse
SeriesAcademy of Management Proceedings
Volume2013
ISSN2151-6561

ID: 39136454