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Prüfer, Jens 
ORCID: https://orcid.org/0000-0001-7203-9711
(2016)
Business associations and private ordering.
Journal of Law Economics & Organization, 32 (2).
pp. 306-358.
ISSN 8756-6222
Abstract
We study the capacity of business associations-private, formal, noncommercial organizations designed to promote the common business interests of their members-to support contract enforcement and collective action. Inspired by recent empirical literature, our theoretical framework connects the organizational and institutional features of formal and informal business organizations with socioeconomic distance. We show how associations provide value to their members even if members are already embedded in social networks, and which players join an association. We propose explanations for empirical puzzles, put forward novel testable hypotheses, and relate business associations to alternative private ordering institutions. (JEL D02, D71, L14, L31).
| Item Type: | Article |
|---|---|
| Additional Information: | Publisher Copyright: © 2015 The Author 2015. |
| Uncontrolled Keywords: | economics and econometrics,organizational behavior and human resource management,law ,/dk/atira/pure/subjectarea/asjc/2000/2002 |
| Faculty \ School: | Faculty of Social Sciences > School of Economics |
| UEA Research Groups: | Faculty of Social Sciences > Research Centres > Centre for Competition Policy Faculty of Social Sciences > Research Groups > Economic Theory Faculty of Social Sciences > Research Groups > Industrial Economics |
| Related URLs: | |
| Depositing User: | LivePure Connector |
| Date Deposited: | 08 Sep 2022 12:30 |
| Last Modified: | 25 Sep 2024 16:43 |
| URI: | https://ueaeprints.uea.ac.uk/id/eprint/87950 |
| DOI: | 10.1093/jleo/ewv017 |
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