초록

This study evaluates the implications of regretful choices at the group level and suggests that regretful choices in the market may underlie the formation of hierarchy, i.e., a collectivity, which may not mitigate the hazards of transactions but serve to absorb personal emotions, i.e., regrets associated with market transactions. In so doing, this study seeks to identify the role of personal emotion in the theory of the firm vis-à-vis calculative trust that is arguably granted to the impersonal firm.

키워드

Regrets, Organizational Culture, and Theory of the Firm

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