We introduce the notion of strategic awareness in experimental games which captures the idea that subjects realize they are playing a game and thus have to form beliefs about others' actions in order to play well. The concept differs from both, rule understanding and rationality. We then turn to...

We introduce the notion of strategic awareness in experimental games which captures the idea that subjects realize they are playing a game and thus have to form beliefs about others’ actions. The concept differs from both, rule understanding and rationality. We then turn to experimental...

A standard result of firm theory is that a monopoly maximizes profit somewhere along the elastic portion of its demand curve. However, empirical studies of sports ticket pricing routinely find that (home) teams price along the inelastic portion of demand. Despite compelling theoretical...

We use a novel experimental design to examine the role of reputational concerns in explaining conditional cooperation in social dilemmas. By using the strategy method in a repeated sequential prisoners' dilemma in which the probabilistic end is known, we can distinguish between strategically and...

We identify a new mechanism through which cultural diversity affects economic outcomes, based on a model of culture as shared cognition. Under this view, cultural diversity matters because it increases strategic uncertainty. The model can help better understand a variety of disparate evidence,...

We have performed a series of five strategic analyses of Japanese Megabanks. This paper is the last analysis in the series, where we compare RUFG and key competitors using a ‘strategy canvas' to assess competitiveness. Furthermore we evaluate the prospect of finding ‘blue ocean'...

We perform a series of five strategic analyses of Japanese Megabanks. This paper is the third analysis in the series, where we explore to what extent Japanese Megabanks and RUFG have a ‘core competencies' that are valuable, rare, inimitable, non-substitutable and whose benefits are...

We perform a series of 5 strategic analyses of Japanese Megabanks. In this paper we review how changes in relative prioritization of stakeholders may impact corporate strategy at Japanese Megabanks. We look to answer the following questions via a case study with reference to RUS Megabank.Which...

Holding a managerial position within a company in 2019 is a challenging task and within this period the business climate is a dynamic one. When conceiving rightful strategies, managers should take into account every detail regarding the fast-changing Romanian business environment. Bushido is one...