kaal:claim:3782210-001

Reputation, not money, is the proper incentive for motivating the most efficient cooperation and long-term stability in business.

Source quote, verbatim

Reputation is the proper incentive, instead of money, for motivating the most ef- ficient cooperation and long-term stability in business.

From

Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021), Chapter. Reputation, p. 1
https://ssrn.com/abstract=3782210 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782210

Holds when

business and commercial organizations
settings where long-term cooperation is the goal

Classification

normativesupport: arguedreputationrisk-and-incentivesdecentralization

Related claims

restates kaal:claim:3782205-021 Reputation rather than money is the proper motivator of good behavior in business and governance, because prop...

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