Reciprocity, associability and cartelisation
Organisational development of the New Zealand Shipowners’ Federation, 1906–1960s
Bibliographic Data
| ID | 8419971 |
|---|---|
| Authors | James Reveley (0000-0002-3004-7630, University of Wollongong, corresponding author) |
| Year | 2012 |
| Volume | 54 |
| Issue | 7 |
| Pages | 1077-1098 |
| Publication date | 2012-12-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Business History (JOURNAL) |
| Journal identifiers | ISSN: 0007-6791 • E-ISSN: 1743-7938 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00076791.2012.685164 |
| OpenAlex | W2042877507 |
| Language | EN |
| Citations received | 2 |
| References cited | 42 |
But for the reciprocity garnered early by the New Zealand Shipowners’ Federation, its organisational life-chances would have been curtailed. Reciprocity-based cooperation sustained the Federation until member bonds gelled and strong membership incentives could be offered. Although the Federation subsequently fixed prices and spawned a shipping cartel, forceful external constraints limited its ability to extract economic rents from shippers and prompted it to enhance member efficiency. While this end state is not uncommon, the Federation's atypical developmental pathway affords two insights. Firstly, reciprocity can function as a ‘starting mechanism’ for industry associations with few selective incentives. Secondly, government regulations can evoke cartel-like behaviour by an association at the same time as they limit its ability to raise prices
Business · Cartel · Economic rent · Economics · Government (linguistics · Incentive · Market economy · Reciprocity (cultural anthropology · Sociology · Australian History and Society · Historical Economic and Social Studies · Labor Movements and Unions
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Measuring Social Norms and Preferences Using Experimental Games
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Moral Sentiments and Material Interests
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Credible Commitments
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Servants of the North
Revolution
Political and Institutional Conditions for Governance by Association
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| Unique citing works | 2 |
|---|---|
| Citations per year | 0,17 |
| Citation span | 2014 - 2015 (2) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |