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作者:Kulatilaka, N; Perotti, EC
作者单位:Boston University; University of Amsterdam
摘要:We provide a strategic rationale for growth options under uncertainty and imperfect competition. In a market with strategic competition, investment confers a greater capability to take advantage of future growth opportunities. This strategic advantage leads to the capture of a greater share of the market, either by dissuading entry or by inducing competitors to make room for the stronger competitor. As a result of this strategic effect, payoffs are in a rough sense more convex than in the case...
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作者:Tan, BCY; Wei, KK; Watson, RT; Clapper, DL; McLean, ER
作者单位:National University of Singapore; University System of Georgia; University of Georgia; University of North Carolina; Western Carolina University; University System of Georgia; Georgia State University
摘要:Strong majority influence can potentially harm organizational decisions by causing decision makers to engage in groupthink. This study examines whether and how computer-mediated communication (CMC) can reduce majority influence and thereby enhance the quality of decisions in some situations. To measure the impact of CMC on majority influence, three settings (unsupported, face-to-face CMC, and dispersed CMC) were compared. Matching laboratory experiments were carried out in an individualistic (...
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作者:Talluri, K; van Ryzin, G
作者单位:Pompeu Fabra University; Columbia University
摘要:Bid-prices are becoming an increasingly popular method for controlling the sale of inventory in revenue management applications. In this form of control, threshold-or bid-prices are set for the resources or units of inventory (seats on flight legs, hotel rooms on specific dates, etc.) and a product (a seat in a fare class on an itinerary or room for a sequence of dates) is sold only if the offered fare exceeds the sum of the threshold prices of all the resources needed to supply the product. T...
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作者:van Witteloostuijn, A
作者单位:Hasselt University; Maastricht University
摘要:This paper is another plea for bridging behavioral and economic approaches to the study of competition in markets and strategy making by firms. The arguments focus on a specific case in point: the behavioral theory of organizational decline and the economic modeling of immediate exit. The arguments come in three steps. First, the literature on organizational decline is reviewed by organizing a framework that summarizes arguments from varying economic and organizational perspectives that have, ...