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It has been suggested that players often produce simplified and/or misspecified mental models of strategic decisions [Kreps, D., 1990. Game Theory and Economic Modeling. Oxford Univ. Press, Oxford]. We submit that the relational structure of players' preferences in a game is a source of...
Persistent link: https://www.econbiz.de/10005409096
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The research focuses on the use of laboratory experimentation in order to design an effective MBO program for the executives of an italian electric utility corporation (Enel). A game theoretical formulation of the MBO program currently adopted by Enel is given (baseline model) and laboratory...
Persistent link: https://www.econbiz.de/10005036095
Persistent link: https://www.econbiz.de/10005036096
Research in experimental and behavioral game theory has revealed a substantial and persistent degree of heterogeneity in the strategic behavior of real individuals. While the prevailing theoretical explanations of the observed heterogeneity typically invoke underlying differences in beliefs...
Persistent link: https://www.econbiz.de/10005036098
Issues of fairness within the agency framework have traditionally been investigated - both theoretically and experimentally -- within two alternative approaches: a vertical, hierarchical framework (studies of fairness in the agency relationship between one principal and one single agent) and a...
Persistent link: https://www.econbiz.de/10005036105
A laboratory investigation of a simple agency model that allow to study how the principal's fairness affects the attitude towards cooperation between two interdependent agents performing a simple production task.
Persistent link: https://www.econbiz.de/10005036138
Persistent link: https://www.econbiz.de/10005108900
The recent literature on the productivity gains due to the adoption of information and communication technologies (ICT) has stressed the importance of the complementarities between ICT and organizational change. The ICT enable to process and diffuse a large amount of information. The reduction...
Persistent link: https://www.econbiz.de/10005113676
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