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Cooperative Exchange with Substitutable Ties and Its Competitive Outcomes
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- Authors
- Issue Date
- 2011-12
- Citation
- Seoul Journal of Business, Vol.17 No.2, pp. 61-96
- Keywords
- Social Capital ; Tie Substitution ; Cooperation
- Abstract
- With a model of tie substitution, a construct that reflects each actors
evaluation of his or her social relations or networks, this study proposes
that each actors 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
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