This paper adopts an evolutionary perspective on the rent-extraction model with conjectural variations (CV). We analyze the global dynamics of the model with three CVs under the replicator equation. We find that the end points of the evolutionary dynamics include the pure-strategy consistent...

This book provides new models and insights into how to develop, test, and apply more effective decision-making and ethical practices in an organizational setting. This critical mass of sought after knowledge with expert international contributions presents a cornerstone publication inspiring new...