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This paper presents a critical overview of some recent attempts at building formal models of organizations as information-processing and problem-solving entities. We distinguish between two classes of models according to two distinct objects of analysis. The first class includes models mainly...
Persistent link: https://www.econbiz.de/10014042720
A corporation's offshore outsourcing may be seen as the result of a discrete, strategic decision taken in response to an increasing pressure from worldwide competition. However, empirical evidence of a representative cross-sector sample of international Danish firms indicates that offshore...
Persistent link: https://www.econbiz.de/10014051188
By including the effects of learning over time on both the production of components and their integration into complete products, we develop an engineering-based model of outsourcing. This model provides an alternative explanation for much of what other outsourcing theories predict, as well as...
Persistent link: https://www.econbiz.de/10013119851
We consider a bandit problem faced by a team of two heterogeneous players. The team is hierarchical in that one (the principal) retains the exclusive right to terminate the project while the other (the agent) focuses strictly on implementing the project assigned to him. As a key departure, we...
Persistent link: https://www.econbiz.de/10011343543
We consider a bandit problem faced by a team of two heterogeneous players. The team is hierarchical in that one (the principal) retains the exclusive right to terminate the project while the other (the agent) focuses strictly on implementing the project assigned to him. As a key departure, we...
Persistent link: https://www.econbiz.de/10013014110
We analyze a class of coordination games in which the Kth player to submit an entry wins a contest. These games have an infinite number of symmetric equilibria and the set of equilibria does not change with K. We run experiments with 15 participants and with K=3, 7, and 11. Our experiments show...
Persistent link: https://www.econbiz.de/10014173267
examines five distinct markets through which knowledge can be exchanged: the market for codified knowledge (licensing), the … market for tacit knowledge (alliances), the market for encapsulated knowledge (sale/purchase of sophisticated products), the … market for workers' knowledge (labor mobility), and the market for firm-wide knowledge or capabilities (mergers and …
Persistent link: https://www.econbiz.de/10012052420
The delegation of tasks to a subordinate and his access to key firm resources allow an organization to make optimal use of his knowledge and ability, but at the same time, thanks to on-the-job learning and the possibility of expropriation of these resources, this might increase the agent's...
Persistent link: https://www.econbiz.de/10014210960
Persistent link: https://www.econbiz.de/10012709762
A growing literature points to the effectiveness of leveraging social interactions and nudges to spur adoption of pro-social behaviors. This study investigates a large-scale behavioral intervention designed to actively leverage social learning and peer interactions to encourage adoption of...
Persistent link: https://www.econbiz.de/10012846292