For years the German automobile industry has been facing a growing competition from Japanas well as from the emerging markets. Increasing tendencies towards globalization, an evenfaster change in customer needs and a stronger contraction of the product life cycle necessitatenew flexible...

The knowledge of development and maintenance effort is a necessary precondition for alltypes of software management, IS-controlling, guidance of quality and effort estimation. Data collectingsystems seem to be widely used, but the data is said to be unsafe and firm-specific. This paperpresents a...

In this paper we analyze the evolution of output decisions of adaptive firms in an environment of oligopolistic competition. The firm might either choose to produce one of several existing product variants or try to establish a new product variant on the market....

This paper discusses the formation of organizational knowledge of boundedly rational Economic agents and studies the necessity of hierarchical coordination of economic agents. We consider a firm that consists of a management and N subordinated shops....

This paper describes the use of corporate decision and strategy simulations as a decision-support instrument under varying market conditions in the tourism industry. It goes on to illustrate this use of simulations with an experiment which investigates how successful different market...

A computational economics model of managerial compensation is presented. Risk-averse managers are simulated, and shown to adopt more risk-taking under the influence of stock options. It is also shown that stock options can both help a new entrant compete in an established market; and can help...