A formal model of trust based on outcomes
Article Abstract:
The study of trust has occupied scholars from a number of disciplines, who have made limited attempts at integrating the different streams. One reason for lack of integration is that no clear definition of trust exists. In this article we grapple with this issue by going back to first principles to derive a mathematically precise and statistically rigorous definition of trust. In giving a rigorous meaning of trust, we also capture the key elements of the concept as highlighted by various disciplinary lenses. Our definition of trust, although rationally based, is consistent with many of the findings of earlier behavioral and sociological research. Its contribution is in adding precision and richness to our understanding of how trust is created and maintained in various social and economic interactions. (Reprinted by permission of the publisher.)
Publication Name: Academy of Management Review
Subject: Business, general
ISSN: 0363-7425
Year: 1998
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The impact of new product introductions on the market value of firms
Article Abstract:
The effect of new product announcements on the market values of introducing firms is studied through a financial market-based analysis. The research results indicate that the impact of a product introduction on market value was around 0.75% over a three-day period with marginal variance across industries. Market reaction to a product announcement was observed to be related to a firm's systematic risk and product development history.
Publication Name: The Journal of Business
Subject: Business, general
ISSN: 0021-9398
Year: 1991
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E-Businesss: Revolution, Evolutin, or Hype?
Article Abstract:
This paper discusses E-business to be likely revolutionary, but whether revolutionary or not, it predicts it will be a useful tool for some firms and some tasks.
Publication Name: California Management Review
Subject: Business, general
ISSN: 0008-1256
Year: 2001
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