Showing 1 - 10 of 13
This paper explores the interaction between managers from two African countries. Using a case study of a strategic alliance between a South African multinational organisation and a local firm in the Democratic Republic of Congo, we examine procedural justice and interactional justice between...
Persistent link: https://www.econbiz.de/10009201851
Brand selection - the number of alternative brands of a particular product - is a double-edged sword in that on the one hand it increases rivalry and so stimulates price competition but on the other hand it causes consumers to be poorly informed and thus vulnerable to exploitation and so dampens...
Persistent link: https://www.econbiz.de/10009210202
This study examines the relationship between 21 'internet-specific strategies' and the performance of internet-trading ventures. 'Internet-specific strategies' are defined as business strategies specifically relevant in the internet-trading context. They were proposed mostly by...
Persistent link: https://www.econbiz.de/10009212244
The fact that product differentiation can cause price dispersion - price differences between alternative brands of what are seemingly identical products - is not surprising. Our contribution is to establish not whether, but how, it does so. We explore the mechanisms involved using a variant of...
Persistent link: https://www.econbiz.de/10009227052
Persistent link: https://www.econbiz.de/10005412097
This paper demonstrates the equivalence between sets of linear inequalities and a variety of social choice problems, a fact which permits the solution of the problems using linear programming techniques. An important advantage of this approach is that the primal solution of the linear...
Persistent link: https://www.econbiz.de/10010988237
Persistent link: https://www.econbiz.de/10005015139
Persistent link: https://www.econbiz.de/10005093135
We study attitudes towards risk in the Rank Dependent Expected Utility (RDEU) model. This model replaces expected utility by another functional, which is characterised by two functions, a utility function on outcomes in conjunction with a probability-perception function. We use the notion of...
Persistent link: https://www.econbiz.de/10005663598
Normative models of behaviour under risk in the framework of expected utility (EU) or under uncertainty in the framework of subjective expected utility (SEU) are very limited. In this survey paper, it is shown that non-expected utility (non-EU) models based on the Choquet integral allow for much...
Persistent link: https://www.econbiz.de/10005663617