Management scholars have long stressed the importance of evolutionary processses for inter-firm cooperation but have mostly missed the promising opportunity to incorporate ideas from evolutionary theories into the analysis of collaborative arrangements. In this paper, we first present three...

In two-person generosity games the proposer's agreement payoffis exogenously given whereas that of the responder is endogenouslydetermined by the proposer's choice of the pie size. Earlier resultsfor two-person generosity games show that participants seem to caremore for eciency than for equity....

Agents interacting on a body of water choose between technologiesto catch …sh. One is harmless to the resource, as it allows full recovery;the other yields high immediate catches, but low(er) future catches.Strategic interaction in one ‘objective’resource game may induceseveral ‘subjective’...

We introduce a stochastic game in which transition probabilitiesdepend on the history of the play, i.e., the players’past action choices.To solve this new type of game under the limiting average reward crite-rion, we determine the set of jointly-convergent pure-strategy rewardswhich can be...

Despite lower incomes, the self-employed consistently report higher satisfaction with theirjobs. But are self-employed individuals also happier, more satised with their lives as awhole? High job satisfaction might cause them to neglect other important domains of life,such that the fullling job...

The theoretical literature identifies three important entrepreneurial dimensions,namely discovering new opportunities, responsiveness to uncertainty, and coordination of a firm.In the empirical literature, past experience has been identified as having an important influenceon organizational...

Necessity spin-offs are organized by employees of incumbent firms to escape deterioratingjob conditions. This paper proposes a conceptual model of the spin-off process. Necessityspin-offs are distinguished from opportunity spin-offs on the basis of their triggering events.An empirical analysis...

Based on new data, this paper studies invention disclosure, licensing, and firm formationactivities of Max Planck Institute directors over the time period 1985-2004, and analyzestheir effects on scientists’ publication and citation records. The results are consistent withprior findings that...