IDEAS home Printed from https://ideas.repec.org/a/adr/anecst/y1992i25-26p251-263.html
   My bibliography  Save this article

Standards of Behavior and Time Generate Tacit Cooperation in a Hierarchical Relationship

Author

Listed:
  • Françis Kramarz
  • Jean-Pierre Ponssard

Abstract

This paper provides a game theoritic rationale for the use of standards of behavior in hierarchies. lt proves that the common knowledge of such standards in a long term relationship generates tacit cooperation as long as the time horizon is far enough and that intermediary observations are feasible. Though mathematically similar to the well known equation effect it is argued that the observed result is more robust with respect to the players incentive to view their relationship through such a formalization.

Suggested Citation

  • Françis Kramarz & Jean-Pierre Ponssard, 1992. "Standards of Behavior and Time Generate Tacit Cooperation in a Hierarchical Relationship," Annals of Economics and Statistics, GENES, issue 25-26, pages 251-263.
    • Handle: RePEc:adr:anecst:y:1992:i:25-26:p:251-263
    as

    Download full text from publisher

    File URL: http://www.jstor.org/stable/20075866
    Download Restriction: no
    ---><---

    Other versions of this item:

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:adr:anecst:y:1992:i:25-26:p:251-263. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Secretariat General or Laurent Linnemer (email available below). General contact details of provider: https://edirc.repec.org/data/ensaefr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.