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Author:Eriksson, K.
Sharma, D.D.
Title:Modeling uncertainty in buyer-seller cooperation
Journal:Journal of Business Research
2003 : DEC, VOL. 56:12, p. 961-970
Index terms:Relationship marketing
Consumer behaviour
Co-operation
Decision making
Managers
Banking
Sweden
Nordic countries
Scandinavia
Models
Language:eng
Abstract:The realization of relationship marketing requires cooperative exchange btw. buyers and sellers. A key determinant of cooperative exchange is the uncertainty perceived by the cooperating parties. This study investigates how cooperation is affected by decision makers' perception of uncertainties in the environmental context, in relationships, and in decision-making routines. A sample of 135 branch managers from banks is used in a LISREL model. The results show that uncertainty regarding relationships and decision making has strong direct effects on buyer–seller cooperation. Relationship and decision making are affected by contextual uncertainty. The results highlight the importance of internal resources.
SCIMA record nr: 252977
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