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, using rules and task guidelines, and ex post coordination, using communication and broad job assignments. It shows that: (i …This paper endogenizes coordination problems in organizations by allowing for both ex ante coordination of activities … coordination. In particular, specialization is often non-monotonic in the importance of coordination. (ii) Organizations exhibit …
Persistent link: https://www.econbiz.de/10005497860
-unit managers’ authority. Realizing synergies then involves a tradeoff between motivation and coordination. Motivating managers …, integration may be value-destroying when motivation is sufficiently important. Providing functional managers only with "dotted …
Persistent link: https://www.econbiz.de/10005114409
in an experiment where actions are strategic substitutes. The game theoretic basis for our experiment is the model of … play in networks is to some extent boundedly rational, in the sense that coordination is influenced by local and individual …
Persistent link: https://www.econbiz.de/10005136539
We examine strategic information transmission in a controlled laboratory experiment of a cheap talk game with one … communication between the sender and the receiver in a way consistent with the theoretical predictions. Deviations from the …
Persistent link: https://www.econbiz.de/10008784698
. Examples include market entry games, coordination games, and the bar-room game depicted in the movie 'A Beautiful Mind'. The …
Persistent link: https://www.econbiz.de/10005662078
-dependency and coordination problems. Second, we claim that the very process through which the gold standard was adopted played a …
Persistent link: https://www.econbiz.de/10005662237
This paper studies advertising in vertically differentiated product markets with positive consumption externalities. In markets with consumption externalities, the value of the product to the consumer depends on the purchasing decisions of other consumers. In such markets, we show that firms...
Persistent link: https://www.econbiz.de/10005666525
performance can establish truthful upward communication, but creates a free-rider problem and raises the cost of inducing effort …
Persistent link: https://www.econbiz.de/10005666612
We introduce strategic waiting in a global game setting with irreversible investment. Players can wait in order to make a better informed decision. We allow for cohort effects and discuss when they arise endogenously in technology adoption problems with positive contemporaneous network effects....
Persistent link: https://www.econbiz.de/10005666707
We report experimental results on exclusive dealing inspired by the literature on "naked exclusion.'' Our key findings are: First, exclusion of a more efficient entrant is a widespread phenomenon in lab markets. Second, allowing incumbents to discriminate between buyers increases exclusion rates...
Persistent link: https://www.econbiz.de/10004991543