The causal structure of long-term supply relationships

"This book analyzes the overall, underlying causal structure of long-term supply relationships. De Jong and Nooteboom develop an encompassing theoretical model that brings together important firm and relation-specific characteristics such as trust, commitment, dependence, uncertainty, dedicated investments, and the exchange of information. The relationships between these main characteristics build the overall, underlying causal structure and determine the nature of long-term supply relationships.

The model is based on an extended theory of transactions that includes trust next to opportunism and the development of competencies.".

"The Causal Structure of Long-Term Supply Relationships is a primary source for scholars and students who want to learn about industrial organization in an international perspective. It reviews the main theories, defines many concepts, offers an overview of literature on alliances, and provides insights into the statistical techniques of LISREL. Little background knowledge is required, since concepts are developed as the book progresses."--BOOK JACKET.