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Author: | Tang, S. |
Title: | Building community organizations: credible commitment and the new institutional economics |
Journal: | Human Systems Management
1994 : VOL. 13:3, p. 221-232 |
Index terms: | ORGANIZATIONS INSTITUTIONAL ECONOMICS MANAGEMENT |
Language: | eng |
Abstract: | Community organizations can play an important role in governing and managing local common-pool resources. Based on the emerging literature in the New Institutional Economics, this article examines the role of credible commitment in building community organizations. It discusses three factors that affect credible commitment among organizational participants - interactive processes, leadership, and structural design. |
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