KIMMICH, Christian. Behavioral determinants of supply chain integration and coexistence. Journal of Forest Economics. Umea: Elsevier, 2016, 25/2016, December 2016, p. 55-77. ISSN 1104-6899. doi:10.1016/j.jfe.2016.08.001.
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Basic information
Original name Behavioral determinants of supply chain integration and coexistence
Authors KIMMICH, Christian (276 Germany, guarantor, belonging to the institution).
Edition Journal of Forest Economics, Umea, Elsevier, 2016, 1104-6899.
Other information
Original language English
Type of outcome Article in a journal
Field of Study 50200 5.2 Economics and Business
Country of publisher Netherlands
Confidentiality degree is not subject to a state or trade secret
WWW URL
Impact factor Impact factor: 1.093
RIV identification code RIV/00216224:14230/16:00091159
Organization unit Faculty of Social Studies
Doi http://dx.doi.org/10.1016/j.jfe.2016.08.001
UT WoS 000396377900004
Keywords in English Industrial organization; Time preferences; Risk preferences; Price expectations; Institutional trust; Plural forms
Tags International impact, Reviewed
Changed by Changed by: Bc. Blanka Farkašová, učo 97333. Changed: 13/2/2019 13:18.
Abstract
Economic theory considers physical production characteristics and related property rights as key determinants of the organization of an industry. Yet, we frequently observe coexisting governance modes within industries and firms, even when the transaction attributes of a commodity are homogenous. We test whether risk and time preferences, price expectations, and trust in supply chain types can explain variations and coexistence in governance. Specifically, we experimentally elicit economic preferences of forest managers in the Swiss wood sector. We find that all behavioral dimensions are related to the choice of sales channel. Most importantly, trust and expectations are key determinants in transferring property rights, while risk aversion, patience, and ownership structure explain the existence of plural forms at the firm level.
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