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Banker, Rajiv D.; Khosla, Inder; Sinha, Kingshuk K. - In: Management Science 44 (1998) 9, pp. 1179-1192

In recent years, the practitioner literature in operations management has seen a dramatic surge in articles on quality management. It reflects the increased emphasis on quality by U.S. firms, which has been attributed largely to increased competition faced by them. The question of how quality is...

Persistent link: https://www.econbiz.de/10009203948

Uncertainty, Competition, and the Adoption of New Technology

Mamer, John W.; McCardle, Kevin F. - In: Management Science 33 (1987) 2, pp. 161-177

Faced with the decision of whether or not to adopt a new technology whose economic value cannot be gauged with certainty, the manager of the firm may elect to decrease the uncertainty by sequentially gathering information (at a unit cost of c 0), updating his prior beliefs in a Bayesian manner....

Persistent link: https://www.econbiz.de/10009209371

Subjective Probability and the Theory of Games

Kadane, Joseph B.; Larkey, Patrick D. - In: Management Science 28 (1982) 2, pp. 113-120

This paper explores some of the consequences of adopting a modern subjective view of probability for game theory. The … characterizes game theory since the work of von Neumann and Morgenstern. Many of the distinctions that appear important in … conventional game theory (two-person versus n-person, zero-sum versus variable sum) appear unimportant in the subjective …

Persistent link: https://www.econbiz.de/10009214552

Note---Modeling Semirational Competitive Behavior

Rothkopf, Michael H. - In: Management Science 29 (1983) 11, pp. 1341-1345

. Subjective probability and the theory of games. Management Sci. 28 113--120; Kadane, J. B., P. D. Larkey. 1982. Reply to … Professor Harsanyi. Management Sci. 28 124.) and Harsanyi (Harsanyi, J. C. 1982. Subjective probability and the theory of games … Larkey. Management Sci. 28 124--125.) on the relative usefulness of game theory and decision theory for analyzing decisions …

Persistent link: https://www.econbiz.de/10009218039

Research Note--Competitive Bundling and Counterbundling with Generalist and Specialist Firms

Ghosh, Bikram; Balachander, Subramanian - In: Management Science 53 (2007) 1, pp. 159-168

Bundling, which is the practice of selling two or more products or services in a package, is a pervasive marketing practice and is often used as a strategic competitive tool. However, there has not been enough consideration of competitive bundling situations in which exit of a competitor is not...

Persistent link: https://www.econbiz.de/10009218355

Capacity Investment Timing by Start-ups and Established Firms in New Markets

Swinney, Robert; Cachon, Gérard P.; Netessine, Serguei - In: Management Science 57 (2011) 4, pp. 763-777

We analyze the competitive capacity investment timing decisions of both established firms and start-ups entering new markets, which have a high degree of demand uncertainty. Firms may invest in capacity early (when uncertainty is high) or late (when uncertainty has been resolved), possibly at...

Persistent link: https://www.econbiz.de/10009208591

EFFICIENCY IN EVOLUTIONARY GAMES: DARWIN, NASH AND SECRET HANDSHAKE.

ROBSON, A.J. - Michigan - Center for Research on Economic & Social Theory - 1989

Persistent link: https://www.econbiz.de/10005646647

Note---Subjective Probability and the Theory of Games: Some Further Comments

Roth, Alvin E.; Schoumaker, Françoise - In: Management Science 29 (1983) 11, pp. 1337-1340

This note reconsiders some of the issues raised by Kadane and Larkey, and Harsanyi, and briefly discusses some relevant empirical results.

Persistent link: https://www.econbiz.de/10009191801

Market Information and Firm Performance

Raju, Jagmohan S.; Roy, Abhik - In: Management Science 46 (2000) 8, pp. 1075-1084

The value of new information depends on how accurate the information is, but it may also depend on the characteristics of the firm and the nature of the industry it operates in. We develop a game-theoretic model to understand how firm and industry characteristics moderate the effect of market...

Persistent link: https://www.econbiz.de/10009197909

Comment---Subjective Probability and the Theory of Games: Comments on Kadane and Larkey's Paper

Harsanyi, John C. - In: Management Science 28 (1982) 2, pp. 120-124

The normative solution concepts of game theory try to provide a clear mathematical characterization of what it means to … with complete rationality, normative game theory can help them heuristically to formulate reasonable expectations about the …

Persistent link: https://www.econbiz.de/10009198096