Purpose – The article aims to explore the link between corporate crises and decisions about employee participation in the context of the global financial crisis (GFC). Design/methodology/approach – The authors complement Weick's sensemaking perspective with some distinctions taken from...

Game theory models are ubiquitous in economics, common in political science, and increasingly used in psychology and sociology; in evolutionary biology, they offer compelling explanations for competition in nature. But game theory has been only sporadically applied to the humanities; indeed, we...

Emphasising power in strategic choice, we consider people in actual and potential publics kindling their imagination and ideas in order to shape new directions in the economies in which they have an interest. This paper proposes 'public creativity forums', spaces defined by relations aimed at...

A conceptual framework is presented showing formal and informal institutions and their relationship with the strategic choice of micro, small and medium enterprises (MSMEs) in a developing-country setting. Emphasis is placed on how institutions at the subnational level (such as a region or city)...

The traditional wisdom holds that the benefits of a decentralized channel structure arise from downstream competitive relationships. In contrast, Arya and Mittendorf (2007) showed that the value of decentralization can also arise from upstream interaction when the downstream firm conveys...

From drop-down computer menus to department-store aisles, people in everyday life often choose from simultaneous displays of products or options. Studies of position effects in such choices show seemingly inconsistent results. For example, in restaurant choice, items enjoy an advantage when...

Conventional wisdom holds that monetary compensation for positive trans boundary externalities will promote conservation of resource amenities. We demonstrate that, in the case of elephant conservation, international transfers may also result in strategic behavior by host countries, with adverse...

There is a wide belief that sport has a positive utility in the diplomatic arena and can be used as a catalyst for cooperation. The very instrumental effectiveness of sport gave a birth to the idea that sport can be used effectively to promote contact between or among hostile countries. This...

I examine the difficulties of incumbent firms have in acting and reacting to changing environments and in coping with new strategic challenges. The study focuses on the strategic development of media organizations in the market of national daily produced high quality newspapers in germany. The...

There is increasing evidence that collective behavior, such as social choice, price dynamics, and strategic behavior, is related to nonlinear dynamics and thus has the potential for instability and complex behavior. This paper presents experimental results where subjects are placed in a...