Latest Achievements
Tyler Stumpf (Asst. Professor, Management) recently had a research paper entitled "Institutions and transaction costs in foreign-local hotel ventures: A grounded investigation in the developing Pacific" accepted for publication in the journal Tourism Management. As opposed to the status quo approach to foreign-local hotel ventures in developing Pacific Islands which is predicated on idealistic presumptions regarding formal institutions, this study elucidates how transaction costs associated with such ventures can be economized by recognizing, valuing, and utilizing informal institutions.
Tyler Stumpf (Asst. Professor, Management) recently had a research paper entitled "Institutions and transaction costs in foreign-local hotel ventures: A grounded investigation in the developing Pacific" accepted for publication in the journal Tourism Management. As opposed to the status quo approach to foreign-local hotel ventures in developing Pacific Islands which is predicated on idealistic presumptions regarding formal institutions, this study elucidates how transaction costs associated with such ventures can be economized by recognizing, valuing, and utilizing informal institutions.