Business Associations and Private Ordering

Research output: Working paperDiscussion paperOther research output

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Abstract

Abstract: We study the capacity of business associations - private, formal, noncommercial organizations designed to promote the common business interests of their members - to support contract enforcement and collective action. Inspired by recent empirical literature, our theoretical framework connects the organizational and institutional features of formal and informal business organization with socioeconomic distance. We show how associations provide value to their members even if members are already embedded in social networks, and which players join an association. We propose explanations for empirical puzzles, put forward novel testable hypotheses, and relate business associations to alternative private ordering institutions.
Original languageEnglish
Place of PublicationTilburg
PublisherOrganization
Number of pages51
Volume2012-094
Publication statusPublished - 2012

Publication series

NameCentER Discussion Paper
Volume2012-094

Fingerprint

Business associations
Socio-economics
Theoretical framework
Business organization
Contract enforcement
Social networks
Join
Collective action

Keywords

  • Business Associations
  • Trade Associations
  • Economic Governance
  • Private Ordering
  • Arbitration

Cite this

Prüfer, J. (2012). Business Associations and Private Ordering. (CentER Discussion Paper; Vol. 2012-094). Tilburg: Organization.
Prüfer, J. / Business Associations and Private Ordering. Tilburg : Organization, 2012. (CentER Discussion Paper).
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Prüfer, J 2012 'Business Associations and Private Ordering' CentER Discussion Paper, vol. 2012-094, Organization, Tilburg.

Business Associations and Private Ordering. / Prüfer, J.

Tilburg : Organization, 2012. (CentER Discussion Paper; Vol. 2012-094).

Research output: Working paperDiscussion paperOther research output

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AB - Abstract: We study the capacity of business associations - private, formal, noncommercial organizations designed to promote the common business interests of their members - to support contract enforcement and collective action. Inspired by recent empirical literature, our theoretical framework connects the organizational and institutional features of formal and informal business organization with socioeconomic distance. We show how associations provide value to their members even if members are already embedded in social networks, and which players join an association. We propose explanations for empirical puzzles, put forward novel testable hypotheses, and relate business associations to alternative private ordering institutions.

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KW - Trade Associations

KW - Economic Governance

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KW - Arbitration

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Prüfer J. Business Associations and Private Ordering. Tilburg: Organization. 2012. (CentER Discussion Paper).