Strategic leniency: insights from game theory and empirical evidence

Cartel Destabilization and Leniency Programs – Empirical Evidence

Leniency programs as a tool for cartel detection and cartel destabilization, have been implemented since the early nineties. Theoretical work has shown that leniency programs can be effective in enhancing cartel detection and deterrence, but these effects are not straightforward. It is even possible that there is an increase in the total number of cartels. Empirical evidence shows that the posi...

Strategic Importance of RFID – Empirical and Conceptual Insights Strategic Importance of RFID – Empirical and Conceptual Insights

RFID is currently considered a hot topic in the IT arena. It is described as major enabling technology for automated contact less wireless data collection and as an enabler for the real-time enterprise, a future vision of Enterprise Information Systems. But little is known about the perceived strategic importance of RFID among IT decision makers, current RIFD usage and areas of application or c...

Game Theory and Strategic Complexity

Strategic Research Partnerships: Empirical Evidence from Asia

A This paper evaluates the role Strategic Research Partnerships (SRPs) play in Asia. Specific Asian institutional settings influence the roles of SRPs. Japan is regarded as a forerunner in the practice of SRPs. In Japan, lack of spillover channels, limited opportunities for mergers and acquisitions, weak university research and pressure for internal diversification motivate firms to form...

Ambiguity Theory and Asset Pricing: Empirical Evidence from Tehran Stock Exchange

Modern portfolio theory is based on the relationship between risk and return and in this paper, specific uncertainty conditions are introduced as ambiguity which affects the asset pricing. Also, the relationship between risk, ambiguity and return is examined. First, ambiguity is estimated by the means of three-variable and main component method, trading volume, ask-bid spread, error of earnings...