Symbols, Group Identity and the Hold-up Problem

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dc.contributor.authorMorita, H.
dc.contributor.authorServátka, M.
dc.date.accessioned2012-03-13T02:53:40Z
dc.date.available2012-03-13T02:53:40Z
dc.date.issued2011en
dc.description.abstractGroups, companies, and organizations identify themselves via symbols. Symbols have the potential to create group identity and at the same time create group boundaries, thus allowing for achieving the benefits of cooperation by ingroup members. We use a laboratory experiment to study the role of group identity, created by the use of symbols, in mitigating the hold-up problem. As a team symbol we employ color t-shirts. We find that the usage of t-shirts itself does not create a strong enough group identity to mitigate the hold-up problem. However, in our previous research, we found that group identity created by t-shirts and a group chat aimed to help team members to solve a task is capable of resolving the hold-up problem. These findings are consistent with the everyday practice where organizations often make significant investments in team-building and socialization activities, suggesting that an important objective of such activities might be to strengthen group identity so that it is effective even in highly strategic environments.en
dc.identifier.citationMorita, H., Servátka, M. (2011) Symbols, Group Identity and the Hold-up Problem. Department of Economics and Finance. 19pp..en
dc.identifier.urihttp://hdl.handle.net/10092/6405
dc.language.isoen
dc.publisherCollege of Business and Economics, University of Canterburyen
dc.publisherUniversity of Canterbury. Department of Economics and Financeen
dc.relation.urihttp://www.econ.canterbury.ac.nz/RePEc/cbt/econwp/1138.pdfen
dc.rights.urihttps://hdl.handle.net/10092/17651en
dc.subjectaltruismen
dc.subjectexperimenten
dc.subjectgroup identityen
dc.subjecthold-up problemen
dc.subjectother-regarding preferencesen
dc.subjectrelation-specific investmenten
dc.subjectsymbolsen
dc.subjectteam membershipen
dc.subject.anzsrcFields of Research::35 - Commerce, management, tourism and services::3507 - Strategy, management and organisational behaviour::350710 - Organisational behaviouren
dc.subject.anzsrcField of Research::17 - Psychology and Cognitive Sciences::1701 - Psychology::170107 - Industrial and Organisational Psychologyen
dc.subject.anzsrcFields of Research::35 - Commerce, management, tourism and services::3502 - Banking, finance and investment::350208 - Investment and risk managementen
dc.titleSymbols, Group Identity and the Hold-up Problemen
dc.typeDiscussion / Working Papers
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