This research explores how market competition influences a firm's optimal organizational structure. For this purpose, a computational model of competing multiunit firms is developed in which unit managers and corporate staff continually search for better practices, while consumers search among...

Empirical studies have found high correlation between entry and exit across industries, indicating that industries differ substantially in their degree of firm turnover. I propose a computational model of dynamic oligopoly with entry and exit in a turbulent technological environment. I examine...

This paper discusses the need for, the mechanics of, and some potential application of agent-based modeling and computational analysis in industrial organization.

This study analyzes the collusive behavior of firms in markets characterized by horizontal product differentiation. The special features are that product choice is endogenized and that firms may redesign their products intertemporally at a fixed cost. The main objective is to examine the...

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...

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...

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...

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One of the primary challenges to measuring the impact of antitrust or competition policy on collusion is that the cartel population is unobservable; we observe only the population of discovered cartels. To address this challenge, a model of cartel creation and dissolution is developed to...