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compete by investing resources. Coalitions fight for prizes that are assumed to be subject to rivalry, so their value is non … defection, provided that rivalry is not too strong. Results in a sequential game of coalition formation suggest that there … exists a non-monotonic relationship between the level of underlying rivalry and the level of social conflict. …
Persistent link: https://www.econbiz.de/10005086772
Persistent link: https://www.econbiz.de/10014283066
gain from doing so. Again, rivalry contributes to the phenomenon: a supplier who buys out the maverick would fall behind …
Persistent link: https://www.econbiz.de/10010323861
Knowledge drives the growth of nations and regions in a competitive space-economy. Hence, we would expect a strong correlation between investments in R&D, knowledge and learning processes, on the one hand, and productivity increases, on the other. However, the empirical evidence shows consistent...
Persistent link: https://www.econbiz.de/10010325811
This extended book review of Creating a Learning Society by Joseph Stiglitz and Bruce Greenwald (2014) looks at the 700-page long scholarly work from a transition economy perspective. Using as a starting point Arrow's renowned concept of "learning by doing", the authors throw away the doctrines...
Persistent link: https://www.econbiz.de/10011944924
growth than firms facing a minimum of rivalry. The presence of competitors has both a direct effect on performance, and an …
Persistent link: https://www.econbiz.de/10014587512
robust methodology has enabled better understanding of competitive dynamics and the outcomes of this rivalry. It also has …
Persistent link: https://www.econbiz.de/10014613562
"The paper outlines conditions under which decentralized approaches are likely to succeed in solving collective action problems. Criteria that render successful decentralized collective action more likely have mainly been developed in the Common Pool Resource (CPR) and International Relations...
Persistent link: https://www.econbiz.de/10009468423
"There is a relatively small but growing literature in economics that examines conflictive activities using a framework in which agents allocate their resource endowments between wealth production and appropriation. To date, studies in this literature have employed a similar one period game...
Persistent link: https://www.econbiz.de/10009468454
In this paper we study the behavior of rivals when there is a known probability of imminent entry. Experimental markets are used to collect data on pre- and post-entry production when there is an announced time of possible entry; some markets experience entry and other do not. In all pre-entry...
Persistent link: https://www.econbiz.de/10011451471