Showing 1 - 10 of 48
This paper uses a cognitive theory of firms and organizations, with a focus on learning and innovation.Here, cognition is a wide notion, including value judgments and corresponding feelings and emotions.This paper focuses on the relation between that cognitive theory and Penrose's theory of the...
Persistent link: https://www.econbiz.de/10011090370
This paper introduces a new way to measure competition based on firms' profits.Within a general model, we derive conditions under which this measure is monotone in competition, where competition can be intensified both through a fall in entry barriers and through more aggressive interaction...
Persistent link: https://www.econbiz.de/10011091528
Competition has been modelled in the literature in a number of ways.What do these different parametrizations of competition have in common?For instance, it turns out that it is not always the case that a rise in competition reduces price cost margins, industry wide profits or concentration.All...
Persistent link: https://www.econbiz.de/10011092319
This paper investigates the impact of perceived organizational support (POS) on performance.We predict that POS will be reciprocated by positive discretionary employee behavior, which in turn has a positive impact on performance.Empirical research on a sample of Dutch construction companies...
Persistent link: https://www.econbiz.de/10011092550
Airport profit games are a generalization of airport cost games as well as of bankruptcy games.In this paper we present … a simple algorithm to compute the nucleolus of airport profit games.In addition we prove that there exists an unique … consistent allocation rule in airport profit problems, and it coincides with the nucleolus of the associated TU game. …
Persistent link: https://www.econbiz.de/10011092938
This paper presents some two-step estimators for a wide range of parametric panel data models with censored endogenous variables and sample selection bias. Our approach is to derive estimates of the unobserved heterogeneity responsible for the endogeneity/selection bias to include as additional...
Persistent link: https://www.econbiz.de/10011090331
Persistent link: https://www.econbiz.de/10011090363
We report empirical evidence that in problems of random walk with positive drift, bounded rationality leads individuals to under-estimate the probability of success in the long run.In particular, individuals who were given the stage by stage probability distribution failed to aggregate this...
Persistent link: https://www.econbiz.de/10011090383
In empirical studies of sequential auctions of identical objects prices have been found to decline.We study auctions of ancient Chinese porcelain recovered from shipwrecks.In these auctions there are very long sequences of lots of identical objects.We find that the average price decline is...
Persistent link: https://www.econbiz.de/10011090425
Persistent link: https://www.econbiz.de/10011090468