Showing 1 - 10 of 48
This paper tries to account for endogenous change of multi-level routines in terms of nested cycles of discovery, in a hierarchy of scripts.Higher-level scripts constitute the selection environment for lower level ones.On any level, a cycle of discovery proceeds from established dominant...
Persistent link: https://www.econbiz.de/10011091106
This paper reconstructs the long-term development of retailing, including industrial, economic and social antecedents and consequences. Among other things, it includes innovation in the form of the emergence and diffusion of successive novel types of shop (including self-service), relations...
Persistent link: https://www.econbiz.de/10011091158
Trust is full of puzzle and paradox.Trust is both rational and emotional. Trust can go beyond calculative self-interest, but has its limits.People may want to trust, while they may also feel threatened by it.If trust is not in place prior to a relationship, on the basis of institutions, prior...
Persistent link: https://www.econbiz.de/10011091397
Using insights from ‘embodied cognition’ and a resulting ‘cognitive theory of the firm’, I aim to contribute to the further development of evolutionary theory of organizations, in the specification of organizations as ‘interactors’ that carry organizational competencies as...
Persistent link: https://www.econbiz.de/10011091884
Persistent link: https://www.econbiz.de/10011090972
Abstract We analyze a dynamic game between a buyer and a seller of an exhaustible resource. The seller chooses resource supply; the buyer can pay a fixed cost to invent a perfect substitute for the resource at any time. In closed-loop equilibrium, the buyer adopts the substitute when the...
Persistent link: https://www.econbiz.de/10011091671
There is good reason to believe that R&D influences on TFP growth in other sectors are indirect.For R&D to spill over, it must first be successful in the home sector.Indeed, observed spillovers conform better to TFP growth than to R&D in the upstream sectors.Sectoral TFP growth rates are thus...
Persistent link: https://www.econbiz.de/10011092465
used for modeling average or steady-state behavior of complex stochastic systems.Recently, simulation-based methods have …
Persistent link: https://www.econbiz.de/10011090408
a realistic simulation experiment. Sequential bifurcation (SB) is a sequential method that changes groups of inputs …-order polynomials are adequate approximations of the input/output functions implied by the simulation model; (ii) the signs of all first … either (heredity property). This paper examines SB for random simulation with multiple responses (outputs), called …
Persistent link: https://www.econbiz.de/10011090433
engineering case-studies that may raise ethical questions; these case studies employ simulation models. Next, I present an …
Persistent link: https://www.econbiz.de/10011090533