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post-auditing offers a systematic valuation and risk management framework for evaluating information security spending by …
Persistent link: https://www.econbiz.de/10012927539
In this paper we offer an alternative framework for examining why risk matters in the decisions of economic agents, and … how the agent’s risk attitude affects his decisions. This “Threshold Theory” framework is based on a real options approach … influence the agent’s risk attitude. The theory’s predictions help to explain many anomalies that the standard expected utility …
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By integrating elements of both marketing and finance, we show how risk influences channel contract behavior. We model … risk behavior as the interaction between risk attitude and risk perception (IRAP). An analysis of the joint channel … decisions of 208 producers, wholesalers, and processors provides three clear results. First, risk attitudes significantly vary …
Persistent link: https://www.econbiz.de/10014031052
Innovation is a prominent phenomenon that enables a firm to gain a competitive advantage against its rivals. However …, this does not mean that being innovative allows a firm to perform better. Although innovation has been investigated in the … innovations. Different kinds of innovation require different kinds of business models and may have varying impacts on consumer …
Persistent link: https://www.econbiz.de/10012838013
In this study, we examine the nature of Schumpeterian competition between entrants and incumbents. We argue that incumbents may respond to the threat of entry by either attacking the entrant or trying to learn from it, and that entrants, in turn, may react by either reciprocating the incumbent's...
Persistent link: https://www.econbiz.de/10012870790
The concept of a dominant design has taken on a quasi-paradigmatic status in analyses of the link between technological and industrial dynamics. A review of the empirical literature reveals a variety of interpretations about some aspects of the phenomenon such as its underlying causal mechanisms...
Persistent link: https://www.econbiz.de/10014027881
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