منابع مشابه
Self - Sabotage ∗
We analyze the incentives of a vertically-integrated producer (VIP) to engage in “self-sabotage”. Self-sabotage occurs when a VIP intentionally increases its upstream costs and/or reduces the quality of its upstream product. We identify conditions under which self-sabotage is profitable for the VIP even though it raises symmetrically the cost of the upstream product to all downstream producers ...
متن کاملDynamically Sabotage-Proof Tournaments
This paper explores the consequences of sabotage for the design of incentive contracts. The possibility of sabotage gives rise to a dynamic concern, similar to the Ratchet effect, which distorts the agents’ incentives. We first show that the mere possibility of sabotage may make it impossible to implement the first-best effort, and then offer two distinct incentive schemes, fast track and late ...
متن کاملSabotage in Promotion Tournaments
This article studies the nature, determinants, and impact of “negative” activities in organizations. In competing for promotion, the members in organizations can work not only to enhance their own performances, but also to “sabotage” their opponent’s performances. It is worthwhile for them to engage in negative activities because promotion is generally based on relative, rather than absolute, p...
متن کاملCross-Market Integration and Sabotage
Recent industry developments motivate the study of cross-market firm integrations, which often raises controversies and regulatory concerns due to the potential negative effects through the integrated firms’ sabotage activities. In this paper, we analyze integrations of firms in two interrelated markets that produce complementary products. Two firms compete with differentiated products in each ...
متن کاملModal logics of sabotage revisited
Sabotage modal logic was proposed in 2003 as a format for analyzing games that modify the graphs they are played on. We investigate some model-theoretic and proof-theoretic aspects of sabotage modal logic, which has largely come to be viewed as an early dynamic logic of graph change. Our first contribution is a characterization theorem for sabotage modal logic as a fragment of first-order logic...
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ژورنال
عنوان ژورنال: Nature
سال: 1995
ISSN: 0028-0836,1476-4687
DOI: 10.1038/373650b0