| Tekijä: | Podolny, J. |
| Otsikko: | Market uncertainty and the social character of economic exchange |
| Lehti: | Administrative Science Quarterly
1994 : SEP, VOL. 39:3, p. 458-483 |
| Asiasana: | MARKETS UNCERTAINTY ECONOMICS |
| Kieli: | eng |
| Tiivistelmä: | This paper proposes that organizations overcome problems of market uncertainty by adopting a principle of exclusivity in selecting exchange patterns. This general proposition in tern implies two specific hypotheses. First, the greater the market uncertainty, the more that organizations engage in exchange relations with those with whom they have transacted in the past. Second, the greater the uncertainty the more that organizations engage in transactions with those of similar status. |
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