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A model of decision making in an ecologically realistic environment: Relative comparison and the Independence of Irrelevant Alternatives
Waksberg, Avi; Smith, Andrew; Burd, Martin - In: Journal of Bioeconomics 14 (2012) 3, pp. 197-215
Models of behavior in a variety of areas often assume that decision-makers will adhere to the axioms of economic rationality. This requires that outcomes can be assigned objective values by stable evaluation frameworks. Yet both human and animal behavior is often not economically rational....
Persistent link: https://www.econbiz.de/10010867786
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Interdependence between best team members and their teammates
Torre-Ruiz, José M. de la; Aragón-Correa, J. Alberto - In: International Journal of Manpower 34 (2013) June, pp. 552-552
Purpose – The purpose of this paper is to examine how, within a team, the value of their best member depends critically on the performance of the rest. Analysis of the interdependent team members complements the traditional focus of resource-based-view analyses of isolated resources....
Persistent link: https://www.econbiz.de/10010814999
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From hybrid TV towards transmedia: Recent marketing advances of the New Media developments
Hsu, Wen-yi; Shih, Stone - International Telecommunications Society (ITS) - 2013
Large broadcasters and independent media companies are already aware of the global developments in transmedia storytelling and understand that this is the trend (Gambarato, Renira R., 2012). In Taiwan, the HwaCom New Media project started with a government funded HbbTV development project, and...
Persistent link: https://www.econbiz.de/10010954904
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Interdependence between best team members and their teammates
Torre-Ruiz, José M. de la; Aragón-Correa, J. Alberto - In: International Journal of Manpower 34 (2013) June, pp. 552-552
Purpose – The purpose of this paper is to examine how, within a team, the value of their best member depends critically on the performance of the rest. Analysis of the interdependent team members complements the traditional focus of resource-based-view analyses of isolated resources....
Persistent link: https://www.econbiz.de/10010681281
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The relative availabilities of complementary resources affect the feeding preferences of ant colonies
Kay, Adam - In: Behavioral Ecology 15 (2004) 1, pp. 63-70
Theory predicts that consumers selecting among complementary resources will show stronger preferences for items that become relatively less available. I tested this hypothesis in a field study that compared the preferences of ant colonies given simultaneous access to experimental foods differing...
Persistent link: https://www.econbiz.de/10008581409
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When "more" is not better.
CENNAMO, CARMELO; SANTALO, JUAN - Área de Entorno Económico, Instituto de Empresa - 2009
This article examines the value-creation capacity of intra-platform competition (IPC) and exclusivity; two main strategies platforms use to incentivize, accumulate and extract rent from complementary content resources - complementors. Building on the concept of ´resource functionality´ we...
Persistent link: https://www.econbiz.de/10005015430
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Application-Specific R& D Capabilities and the Advantage of Incumbents: Evidence from the Anticancer Drug Market
Sosa, M. Lourdes - In: Management Science 55 (2009) 8, pp. 1409-1422
This paper examines the proposition that during competence-destroying technological changes, incumbents are incompetent in researching in house a radically new technology. They only retain market leadership if their undestroyed, proprietary complementary assets compensate for their research...
Persistent link: https://www.econbiz.de/10009203732
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Advantaged Bidders in Franchise Auctions
Berg, Vincent van den - Tinbergen Instituut - 2012
an 'incumbent bidder' that owns a complement or substitute. With an auction on the transfer (i.e. payment) to the … government, the incumbent is advantaged.If the government regulates the market with an auction on the price asked to consumers …, it depends who is advantaged. With complements, the incumbent is advantaged: it can set a lower price on the new …
Persistent link: https://www.econbiz.de/10011256704
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A computational model of politicians–bureaucracy relationship in a competitively authoritarian environment
Lskavyan, Vahe; Melkonian, Vardges - In: International Journal of Computational Economics and … 2 (2011) 1, pp. 1-23
We develop a model that captures the basic characteristics of competitively authoritarian regimes. An incumbent … this contest. Shirking is costly to the incumbent. The contestants offer the agent contingent pay-offs that determine the … compute Nash Equilibria for several interesting scenarios and find that equilibria can exist where the incumbent deliberately …
Persistent link: https://www.econbiz.de/10009352381
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Who Runs Against the Incumbent? Candidate Entry Decisions
Moscoso Boedo, Luciana - Centro de Investigación y Docencia Económicas (CIDE) - 2010
a political race against a known-quality incumbent or to wait for an open election. The model predicts that the entry … tendency of mid-quality candidates to stay out increases the ex-ante probability that the incumbent will win, suggesting an …
Persistent link: https://www.econbiz.de/10010687829