Showing 1 - 10 of 153
How should organizations of intelligent agents be designed so that they exhibit high performance despite information … distortion? We present a formal information-based network model of organizational performance given a distributed decision making … environment in which agents encounter a radar detection task. Using this model, we examine the performance of organizations with …
Persistent link: https://www.econbiz.de/10009214130
Online commercial interactions have increased dramatically over the last decade, leading to the emergence of networks that link the electronic commerce landing pages of related products to one another. Our paper conjectures that the explicit visibility of such "product networks"can alter demand...
Persistent link: https://www.econbiz.de/10010990518
. We quantify the efficiency of such selection by the likelihood of selecting the best player, here termed the "predictive … simulations for two alternative criteria of selection efficiency: the expected ability of the winner and the expected rank of the …
Persistent link: https://www.econbiz.de/10009204632
randomizing. Thus, randomization among noncomparable options is costly relative to deliberate selection. On the other hand …, randomization among indifferent options is costless relative to deliberate selection. …
Persistent link: https://www.econbiz.de/10009197443
We investigate whether the gender composition of teams affects their economic performance. We study a large business … across the performance distribution, we find that for undergraduates, three-women teams are outperformed throughout, but by … top, the best performing group is two men and one woman. The differences in performance are explained by differences in …
Persistent link: https://www.econbiz.de/10010990584
We analyze how entrepreneurial opportunity cost conditions performance. Departing from the common practice of using … survival as a measure of entrepreneurial performance, we model both failure and cash-out (liquidity event) as conditioned by … also more likely to fail faster. Not only is survival a poor indicator of performance, but its use as one obscures the …
Persistent link: https://www.econbiz.de/10010990626
This paper develops an economic theory of the costs and benefits of corporate culture--in the sense of shared beliefs and values--in order to study the effects of "culture clash" in mergers and acquisitions. I first use a simple analytical framework to show that shared beliefs lead to more...
Persistent link: https://www.econbiz.de/10009213998
Using financial measures of performance we investigate the sources of value creation in the U.S. brewing industry … and that the performance of individual leading firms is highly correlated. Our interpretation is that the success of …
Persistent link: https://www.econbiz.de/10009214424
manufacturer size for each JIT practice. Ten changes in performance attributed to JIT implementation are also assessed and examined … the JIT practices and of each of the changes in performance in small and large manufacturers. The results of the study … performance attributed to JIT implementation vary, depending on implementation status of specific JIT management practices and …
Persistent link: https://www.econbiz.de/10009214935
from an experiment conducted with a strategic market simulation game, we find that the accessibility of information results … not the components most closely tied to success, overall performance may in fact suffer. The decision-making process is …
Persistent link: https://www.econbiz.de/10009203698