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@article{1356539, author = {Kimmich, Christian and Fischbacher, Urs}, article_location = {Umea}, article_number = {December 2016}, doi = {http://dx.doi.org/10.1016/j.jfe.2016.08.001}, keywords = {Industrial organization; Time preferences; Risk preferences; Price expectations; Institutional trust; Plural forms}, language = {eng}, issn = {1104-6899}, journal = {Journal of Forest Economics}, title = {Behavioral determinants of supply chain integration and coexistence}, url = {http://www.sciencedirect.com/science/article/pii/S110468991630037X}, volume = {25/2016}, year = {2016} }
TY - JOUR ID - 1356539 AU - Kimmich, Christian - Fischbacher, Urs PY - 2016 TI - Behavioral determinants of supply chain integration and coexistence JF - Journal of Forest Economics VL - 25/2016 IS - December 2016 SP - 55-77 EP - 55-77 PB - Elsevier SN - 11046899 KW - Industrial organization KW - Time preferences KW - Risk preferences KW - Price expectations KW - Institutional trust KW - Plural forms UR - http://www.sciencedirect.com/science/article/pii/S110468991630037X N2 - 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. ER -
KIMMICH, Christian. Behavioral determinants of supply chain integration and coexistence. \textit{Journal of Forest Economics}. Umea: Elsevier, 2016, roč.~25/2016, December 2016, s.~55-77. ISSN~1104-6899. Dostupné z: https://dx.doi.org/10.1016/j.jfe.2016.08.001.
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