Corporate culture and economic theory.¶
Kreps, D. M. (1990). Corporate culture and economic theory. Perspectives on Positive Political Economy.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Coordination Problem and Equilibrium Selection
- Years later, a leader lamenting "we're always working" may not recognize that the culture itself, once chosen, is now self-reinforcing—a multi-equilibrium account of organizational norms Kreps (1990) developed under the rubric of corporate culture as focal-point principle.
This sourceModels corporate culture as a focal-point principle that selects among multiple self-enforcing organizational equilibria; locked in by hiring, expectations, and reputation.
- Years later, a leader lamenting "we're always working" may not recognize that the culture itself, once chosen, is now self-reinforcing—a multi-equilibrium account of organizational norms Kreps (1990) developed under the rubric of corporate culture as focal-point principle.
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