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In Chang and Harrington (2000a) a computational model of a multi-unit firm is developed in which unit managers continually search for better practices Search takes place over a rugged landscape defined over the space of unit practices There it is shown that a more centralized organization is...
Persistent link: https://www.econbiz.de/10005628986
In a multi-unit firm such as a retail chain or a multi-plant manufacturer we compare the business strategies developed by unit managers with the strategies that maximize corporate profit The setting is one in which units face different markets and where learning spillovers between two units are...
Persistent link: https://www.econbiz.de/10005629012
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This paper explores the effect of organizational structure - in terms of the allocation of authority - on the rate of innovation in multi-unit organizations such as retail chains and multi-plant manufacturers. A computational model is developed in which store managers continually search for...
Persistent link: https://www.econbiz.de/10005231178
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Persistent link: https://www.econbiz.de/10005435030
Persistent link: https://www.econbiz.de/10004992615
A computational model of a retail chain is developed in which store managers continually search for better practices. Search takes place over a rugged landscape defined over the space of store practices. The main objective of this research is to determine how the amount of discretion given to...
Persistent link: https://www.econbiz.de/10005790830
Motivated by recent cartel practices, a stable collusive agreement is characterized when firms' prices and quantities are private information. Conditions are derived whereby an equilibrium exists in which firms truthfully report their sales and then make transfers within the cartel based on...
Persistent link: https://www.econbiz.de/10010277522
If an antitrust authority chooses policies to maximize the number of successfully prosecuted cartels, when do those policies also serve to minimize the number of cartels that form? When the detection and prosecution of cartels is inherently difficult, we find that an antitrust authority's...
Persistent link: https://www.econbiz.de/10010277531
Objective: The management of dredged sediments is a major challenge for many ports and harbours who need to maintain navigable access. Sediment volumes produced may be significant and expensive to manage. This paper presents financial modelling and analysis for the management of dredged marine...
Persistent link: https://www.econbiz.de/10012217742