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Cooperative Exchange with Substitutable Ties and Its Competitive Outcomes

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Authors
BAE, JONGHOON
Issue Date
2011-12
Publisher
College of Business Administration (경영대학)
Citation
Seoul Journal of Business, Vol.17 No.2, pp. 61-96
Keywords
Social CapitalTie SubstitutionCooperation
Abstract
With a model of tie substitution, a construct that reflects each actor’s

evaluation of his or her social relations or networks, this study proposes

that each actor’s subjective evaluation of objective structural constraints

may facilitate or delay the realization of structural constraints in general

and the division of cooperative benefits in particular. It shows the following:

first, ego with few (perceived) substitutable ties is likely to accept the

unequal allocation of cooperative benefits; second, symmetry in tiesubstitution

at the global network suppresses (aggravates) competition for

the division of cooperative outcomes when individual tie-substitution is low

(high).
ISSN
1226-9816
Language
English
URI
http://hdl.handle.net/10371/75590
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College of Business Administration/Business School (경영대학/대학원)Dept. of Business Administration (경영학과)Seoul Journal of BusinessSeoul Journal of Business Volume 17, Number 1/2 (2011)
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