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The correlation between wage premia and concentrations of firm activity may arise due to agglomeration economies or … density of workers. These agglomeration effects are robust to the inclusion of residential location controls and disappear …
Persistent link: https://www.econbiz.de/10009430136
two questions from the decision making literature. First, what determines how much uncertainty a firm has when investing … data, support was found for the Bounded Rationality hypothesis; firms have less uncertainty about an acquisition … hypothesis; firms whose prior machines perform below aspiration levels seek more uncertainty in their subsequent acquisitions …
Persistent link: https://www.econbiz.de/10009438770
There are many situations in which individuals have a choice of whether or not to observe the eventual outcome. In these instances, individuals often prefer to avoid observing the outcome. The standard von Neumann-Morgenstern (vNM) Expected Utility model cannot accommodate these cases, since it...
Persistent link: https://www.econbiz.de/10009439041
. Facing uncertainty about customer types, the firm can gradually learn using observed service costs realized from recent …
Persistent link: https://www.econbiz.de/10009441181
degree of task uncertainty during inter-firm product development. Using successfully applied patents in automobile emission … knowledge base in component and architectural knowledge increased under higher task uncertainty respectively. This finding …
Persistent link: https://www.econbiz.de/10009441283
face uncertainty about output price and quantity. Using our estimation results we simulate the effects on cotton production …
Persistent link: https://www.econbiz.de/10009442677
is tested by measuring two important sources of uncertainty in the external environment: uncertainty regarding the level … and composition of demand (market uncertainty) and uncertainty regarding the intentions and actions of competitors … (competitive uncertainty). I develop the theoretical foundation for expecting that patterns of real options behavior vary with …
Persistent link: https://www.econbiz.de/10009467795
This dissertation addresses the crucial problem of how environmental policy uncertainty influences investments in … by considering the impact of uncertainty in the carbon tax on investments in a portfolio of technologies. We determine … to consider how uncertainty in the magnitude and timing of a carbon tax influences investments. Under a two …
Persistent link: https://www.econbiz.de/10009467959
How firms facing environmental uncertainty should organize their activities remains an important and challenging … must adjust their activities to fit the level of environmental uncertainty to ensure long-term survival. Although much work … has been done on contingency theory, it is clear that our understanding of uncertainty is far from complete. One important …
Persistent link: https://www.econbiz.de/10009475060
Firms collaborate to develop and deliver new products. These collaborations vary in terms of the similarity of the competencies that partnering firms bring to the alliance. In same-function alliances, partnering firms have similar competencies, whereas in cross-function alliances, partners have...
Persistent link: https://www.econbiz.de/10009475396