How valuable is formal education for entrepreneurs’ income relative to employees’? And if the income returns to formal education are different for entrepreneurs vis-à-vis employees, what might be a plausible explanation? To explore these questions, we analyze a large representative US...

We built a computational model of political party competition in order to gain insight into the effect of the decrease in the number of relevant political issues (dimensions), and the change of their relative importance, on the number of surviving political parties, their strategy performance,...

Multinational enterprise performance is one of the most researched topics in the strategic management literature over the last thirty years. Despite the proliferation of studies, the dispute over the relation between firms? international investment activities and corporate performance has not...

Recent decades have witnessed major changes in the market for European soccer. The most profound were the Bosman ruling, which lifted restrictions in the European labor market for soccer talent, and the introduction of the Champions’ League, a high-profile international competition that...

Multinational enterprises (MNEs) play a dominant role in the international business (IB) literature. Traditionally, by far the majority of IB studies deal with issues at the micro level of the individual MNE, or at the meso level of a sample of individual MNEs. This paper focuses on a...

Recent decades have witnessed major changes in the market for European soccer. The most profound were the Bosman ruling, which lifted restrictions in the European labor market for soccer talent, and the introduction of the Champions' League, a high-profile international competition that...

This paper merges two theoretical perspectives in a mathematical game model: industrial organization on the one hand, which basically is the economic theory of market competition and firm strategies, and organizational ecology on the other, which is a major sociological tradition that studies...

The industrial organization of transactions has changed dramatically during the past decade (Thompson and Wright, 1988). Several scholars have discussed and documented the phenomenon of what has been called `the shrinking organization'' (Ford and Farmer, 1986; Lichtenberg, 1992). The apparent...

Het voorwerp van onderzoek van de wiskundige theorie van niet-lineaire dynamica - bekend geworden onder de naam chaostheorie - is het modelleren en begrijpen van turbulentie. De vaststelling dat het economische leven alsmaar dynamischer en onzekerder wordt, heeft vele economen doen grijpen naar...