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The boards of large corporations sharing some of their directors are connected in complex networks. Boards are responsible for corporations' long-term strategy and are often involved in decisions about a common topic related to the belief in economical growth or recession. We are interested in...
Persistent link: https://www.econbiz.de/10004970182
We introduce a simple model of self-organizing hierarchies in animal societies which relies on a basic positive feedback mechanism reinforcing the ability of a given individual to win or lose in a hierarchical interaction, depending on how many times it won or lost in previous interactions. If a...
Persistent link: https://www.econbiz.de/10011060481
In this paper, co-evolution is used to examine the long-term evolution of business models in an industry. Two types of co-evolution are used: synchronous, whereby the entire population of business models is replaced with a new population at each generation, and asynchronous, whereby only one...
Persistent link: https://www.econbiz.de/10005080805
Members of boards of directors of large corporations who also serve together on an outside board, form the so-called interlock graph of the board and are assumed to have a strong influence on each others’ opinion. We here study how the size and the topology of the interlock graph affect the...
Persistent link: https://www.econbiz.de/10010589670