Trust as sensemaking: The microdynamics of trust in interfirm alliances

Article Abstract:

The theoretical proposition that trust viewed as a form of sensemaking depends to some extent, on the incremental accumulation of evidence and interpretation of behaviors that either confirm or disconfirm the expectation of the partners is explored. Interview and questionnaire data used for the study show that trust building in partnerships may be a sort of self-fulfilling prophecy in which initial expectations positively impact behavior and trust building.

Partnerships, Partnership

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The response of real estate investment trust returns to macroeconomic shocks

Article Abstract:

The response of real estate investment trust (REIT) returns to unexpected changes in the real output growth, the inflation, the default risk premium, and the stance of monetary policy is identified by utilizing the newly developed technique of generalized impulse analysis. The results reveal the extent and the magnitude of the relationship between the REIT market and macroeconomic factors.

Real estate investment trusts, Real Estate Invest Trusts, Inflation (Finance), Inflation (Economics)

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