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Team collaborations in which each member's output is critical to the overall success present organizations with difficult coordination problems. Despite the need for communication in such situations, team members often fail to share essential information. To examine why team communication and...
Persistent link: https://www.econbiz.de/10013299407
The profitability of a firm is jointly determined by it's organizational structure and the market structure. To explore the effects of market factors on optimal organizational structure we develop a real-time information processing model of a multi unit firm in a dynamic duopoly environment. Our...
Persistent link: https://www.econbiz.de/10012719892
This paper presents an evolutionary model in which altruists and egoists simultaneously survive natural selection. Successive generations of randomly paired agents play a two-stage game consisting first of a choice of technology and second a choice of effort level. This setting induces a form of...
Persistent link: https://www.econbiz.de/10014159835
The paper analyzes how spillovers in the product market affect the incentives of firms to reveal information about their innovative productivity. Such spillovers create a free-rider effect in the patent race that countervails the familiar business-stealing effect. The equilibrium disclosure...
Persistent link: https://www.econbiz.de/10014072686
We consider an entrepreneur that is the sole producer of a cost reducing skill, but the entrepreneur that hires a team to use the skill cannot prevent collusive trade for the innovation-related knowledge between employees and competitors. We show that there are two types of diffusion-avoiding...
Persistent link: https://www.econbiz.de/10014197952
This paper delves into the effects that strategic representations have on firm performance. It does so in four ways. First, it describes different types of representations—internal, external, and distributed—and it points to their pervasiveness in strategy. Second, it presents a framework to...
Persistent link: https://www.econbiz.de/10012907516
This article sketches how insights from applied game theory can be applied to Research and Development (R&D) consortia using a case study on an international plant breeding consortium. The insights jointly comprise a new logic of collective action in R&D, which is inspired by Olsons Logic of...
Persistent link: https://www.econbiz.de/10014214043
We examine the timing and quality of product introduction in an R&D stopping game, where we allow for horizontal and vertical differentiation in the product market. We observe that discontinuous changes in introduction dates can occur as firms' abilities as researchers change. Further, when the...
Persistent link: https://www.econbiz.de/10003958288
The authors examine the timing and quality of product introduction in an R&D stopping game, where they allow for horizontal and vertical differentiation in the product market. They observe that discontinuous changes in introduction dates can occur as firms' abilities as researchers change....
Persistent link: https://www.econbiz.de/10003854613
We examine the timing and quality of product introduction in an R&D stopping game, where we allow for horizontal and vertical differentiation in the product market. We observe that discontinuous changes in introduction dates can occur as firms' abilities as researchers change. Further, when the...
Persistent link: https://www.econbiz.de/10013132086