Showing 1 - 10 of 128
This paper analyzes a two-person, two-stage model of sequential exploration, where both information and payoff externalities exist, and tests the derived hypotheses in the laboratory. We theoretically show that even when agents are self-interested and perfectly rational, the information...
Persistent link: https://www.econbiz.de/10014103707
Modularity has been heralded as an organizational and technical architecture that enhances incremental and modular innovation. Less attention has been paid to the possible implications of modular architectures for imitation. To understand the implications of modular designs for competitive...
Persistent link: https://www.econbiz.de/10009214558
A mathematical model is presented for studying the effects of interactions among team members on the process of … replacing members of a team in an organization. The model provides the ability to control the number of members that interact … with each individual on the team. Through the use of analysis and computer simulations, it is shown how the amount of …
Persistent link: https://www.econbiz.de/10009214716
Developing the "right" new products is critical to firm success and is often cited as a key competitive dimension. This paper explores new product development (NPD) portfolio strategy and the balance between incremental and radical innovation. We characterize innovative effort through a...
Persistent link: https://www.econbiz.de/10009218170
complex system. We develop a formal simulation model that allows us to carefully examine the dynamics of innovation and …
Persistent link: https://www.econbiz.de/10009197387
Interruptions have commonly been viewed as negative and as something for managers to control or limit. In this paper, I explore the relationship between interruptions and acquisition of routines---a form of knowledge---by teams. Recent research suggests that interruptions may play an important...
Persistent link: https://www.econbiz.de/10009214879
select a few for further development. We examine the effectiveness of two group structures for such tasks--the team structure …
Persistent link: https://www.econbiz.de/10009197854
global warming policies. Because there are typically profound uncertainties in these models, a simulation approach is often …
Persistent link: https://www.econbiz.de/10010990516
portfolios of credit-sensitive assets such as loans and corporate bonds. Monte Carlo simulation is an important tool for … performing computations in these models. This paper develops, analyzes, and evaluates two simulation algorithms for intensity … Zeevi, stochastic models and simulation.</i> …
Persistent link: https://www.econbiz.de/10010990537
Sequential sampling problems arise in stochastic simulation and many other applications. Sampling is used to infer the …, as is common in the literature. <i>This paper was accepted by Assaf Zeevi, stochastic models and simulation.</i> …
Persistent link: https://www.econbiz.de/10010990579