We study complexity in the market for securitized products, a market at the heart of the financial crisis of 2007-2009. The complexity of these products rose substantially in the years preceding the financial crisis. We find that securities in more complex deals default more and have lower...

Should the FTC have allowed Zillow to acquire its foremost rival, Trulia? It is increasingly well-accepted that digital platforms tend toward dominance in their immediately adjacent relevant-product markets. Google, for example, has long held a majority share of the markets for general-search...

Purpose – While previous studies explored the argument that allies the notion of complexity to the complex product-service offerings being procured, this paper explores whether there is a corollary with exchange governance complexity. More specifically, the paper analyzes the relationship...

Editors need to think about their intrinsic rewards, and hence about their motives and goals. Why do you want to serve as an editor? What satisfactions do you hope to receive from the experience? Recognition? Visibility? Methodological change? Establishment of a nascent research domain?...

This paper uses the theory of complex systems as a conceptual lens through which to compare the work of Friedrich Hayek and Vincent and Elinor Ostrom. It is well known that, from the 1950s onwards, Hayek conceptualised the market as a complex adaptive system. It is argued in this paper that,...

Today roadmaps are becoming commonly used tool for detecting and designing a desired future for companies, states and the international community. The growing popularity of this method puts tasks such as identifying basic roadmapping principles, creation of concepts and determination of the...

Economic complexity measures have been constructed on the basis of bilateral country-product network data. In this study, we submit a Ternary Complexity Index (TCI), which explicitly incorporates technological complexity as a third dimension, measured in terms of patents. TCI is based on...

Research on buyer-supplier relationships has debated the advantages and disadvantages of embedded relationships. We join this debate by developing theory on the performance implications of relaxing embedded buyer-supplier relationships for a limited period of time — a previously neglected...

Major League Soccer has long been criticized for its “Byzantine” roster rules and regulations, rivaled only by the Internal Revenue Code in its complexity. Is this criticism fair? By delving into complexity theory and the unique nature of the league, this Article argues that the traditional...

This paper demonstrates how the recent work in complexity science in organizations reinforces the claims and teachings of the Christian scriptures. The lenses of complexity theory have been trained on a variety of subjects in organizations, ranging from assembly lines to strategic planning....