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Table 3 Comparative statics for trust-based governance performance

From: Performance of trust-based governance

Part Feature   Partner \(\frac {\partial \mathbb {E}[T]}{\partial z} \) \(\frac {\partial \mathbb {E}[T]}{\partial p^{*}} \) \(\frac {\partial p^{*}}{\partial z}\) \(\frac {d\mathbb {E}[T]}{dz }\) Performance
(i) Behavioral risk (a) Either Trustworthy + + +/− +/0
    Untrustworthy +  
   Or Trustworthy + +  
    Untrustworthy −/+  
(ii) Value creation (c)   Trustworthy 0 + 0
    Untrustworthy 0 +  
  Value capture (X)   Trustworthy 0 + 0
    Untrustworthy 0 +  
  Outcome risk (x) Either Trustworthy 0 + 0
    Untrustworthy 0 +  
   Or Trustworthy 0 +  
    Untrustworthy 0 +  
  Self-serving norm (α)   Trustworthy + 0
    Untrustworthy +