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The Economics of Business Culture: Game Theory, Transaction Costs, and Economic Performance


  • Casson, Mark

    (University of Reading)


In this book the author analyses the economic effects of culture. By culture he means social values such as honesty, dedication, and loyalty. He argues that the gains from technology in modern societies can be offset by high cost stemming from the missing moral dimension, and that this has implications both for economic competitiveness and for social and economic institutions such as families and trade unions.

Suggested Citation

  • Casson, Mark, 1991. "The Economics of Business Culture: Game Theory, Transaction Costs, and Economic Performance," OUP Catalogue, Oxford University Press, number 9780198283751.
  • Handle: RePEc:oxp:obooks:9780198283751

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    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Cooter, Robert D., 1996. "The theory of market modernization of law," International Review of Law and Economics, Elsevier, vol. 16(2), pages 141-172, June.
    2. Daniel Arce M. & L. Gunn, 2005. "Working Well with Others: The Evolution of Teamwork and Ethics," Public Choice, Springer, vol. 123(1), pages 115-131, April.
    3. Barr, Jason & Saraceno, Francesco, 2009. "Organization, learning and cooperation," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 39-53, May.
    4. repec:wsi:acsxxx:v:21:y:2019:i:08:n:s1363919619500130 is not listed on IDEAS
    5. repec:wly:riskan:v:22:y:2002:i:1:p:17-27 is not listed on IDEAS
    6. Cule, Monika & Fulton, Murray, 2005. "Some implications of the unofficial economy-bureaucratic corruption relationship in transition countries," Economics Letters, Elsevier, vol. 89(2), pages 207-211, November.
    7. Konstantinos J. Hazakis, 2014. "The rationale of special economic zones (SEZs): An Institutional approach," Regional Science Policy & Practice, Wiley Blackwell, vol. 6(1), pages 85-101, March.
    8. Teegen, Hildy, 2003. "International NGOs as global institutions: using social capital to impact multinational enterprises and governments," Journal of International Management, Elsevier, vol. 9(3), pages 271-285.
    9. James Foreman-Peck & Peng Zhou, 2013. "The strength and persistence of entrepreneurial cultures," Journal of Evolutionary Economics, Springer, vol. 23(1), pages 163-187, January.
    10. repec:rnd:arjebs:v:7:y:2015:i:4:p:106-121 is not listed on IDEAS
    11. Schlicht, Ekkehart, 1995. "Entitlements and Obligations," Discussion Papers in Economics 30956, University of Munich, Department of Economics.
    12. repec:spo:wpecon:info:hdl:2441/9832 is not listed on IDEAS
    13. Çule, Monika & Fulton, Murray, 2009. "Business culture and tax evasion: Why corruption and the unofficial economy can persist," Journal of Economic Behavior & Organization, Elsevier, vol. 72(3), pages 811-822, December.
    14. Roy Church, 2006. "Trust, Burroughs Wellcome & Co. and the foundation of a modern pharmaceutical industry in Britain, 1880-1914," Business History, Taylor & Francis Journals, vol. 48(3), pages 376-398.
    15. Rabindra Nath Chakraborty & Ernst Mohr, 2005. "Coordination and Motivation in Flat Hierarchies: The Impact of the Adjudication Culture," Economica, London School of Economics and Political Science, vol. 72(288), pages 563-576, November.
    16. Peter Buckley, 1994. "International Business Versus International Management? International Strategic Management from the View of point of Internalisation Theory," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 1(1), pages 95-104.
    17. Koford, Kenneth & Miller, Jeffrey B., 2006. "Contract enforcement in the early transition of an unstable economy," Economic Systems, Elsevier, vol. 30(1), pages 1-23, March.
    18. repec:spo:wpecon:info:hdl:2441/6782 is not listed on IDEAS
    19. Boehlje, Michael & Roucan-Kane, Maud & Broring, Stefanie, 2011. "Future Agribusiness Challenges: Strategic Uncertainty, Innovation and Structural Change," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 14(5), pages 1-29, December.
    20. Duren, Erna van & Howard, Wayne & McKay, Helen & Maguer, Marc Le, 1994. "Is There a Role for Strategic Alliances in Ontario's Chicken Industry?," Department of Agricultural Economics and Business 258813, University of Guelph.
    21. repec:taf:femeco:v:23:y:2017:i:3:p:23-48 is not listed on IDEAS
    22. Anna Grandori & Giuseppe Soda, 2006. "A Relational Approach to Organization Design," Industry and Innovation, Taylor & Francis Journals, vol. 13(2), pages 151-172.
    23. Miguel Lopez-Morell & Jose O'Kean, 2008. "A stable network as a source of entrepreneurial opportunities: The Rothschilds in Spain, 1835-1931," Business History, Taylor & Francis Journals, vol. 50(2), pages 163-184.

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