The associativity of mypes in Peru: the dilemma of trust, explored through a Bayesian game

Abstract

The purpose of this article is to analyze the reasons behind the low associativity between micro and small enterprises (mypes) in Peru and its repercussions on productive efficiency, since they are related to high costs, less access to credit and other uncompetitive aspects. Over the years, cooperation has been encouraged as a way of coping with such problems; however, even after learning about the benefits, the average number of mypes that opt for the strategy is 9 %. To explain the data, “distrust” is considered as a factor. Since the variable cannot be quantified and the companies lack information about the other entity (if it will deceive them or not), a Bayesian game is proposed, whose solution suggests that there will be associativity if the synergy is greater than the expected loss in a difference greater than 1, which at first sight is not the case. But is that true or just people’s impression? If true, it would be contradicted by the fact that 70,2 % of the 9 % that did join indicated they obtained improvements in different areas. Although the positive results are evident, most do not want to take the risk. It is believed that the mistrust rooted in the Peruvian idiosyncrasy is reinforced by the weakness of the judicial system, which involves slow and expensive processes. They should be solved with the implementation of “small claims”, while a deterrent to dishonesty would be through more severe penalties.