This contribution sets out to develop a valid research design which accommodates the development of a theory in practice (Corbin & Strauss, 2008) about the process of strategy development in evolving territorial forms of organising called hubs. Hubs are thick, polymorph and polycentric networks driven by practitioners, shaped around multiple, wicked and interlinked problems, shared interests, a...

Ebusiness is used as a term that embraces e-commerce, its commercial exchange or transaction component. Both are subsets of a larger concept, e-venturing. E-business is a major disruptive innovation that is rapidly changing many of the accepted norms of effective management. So the paper revisits and reassesses several established principles of economics, strategy and entrepreneurship to place ...

Over the last decade a large decline in union membership and influence has been observed in many countries. This observation has prompted many researchers to consider the means by which individual unions are able to mitigate the effects of less favourable economic and political conditions on their functions as institutions designed to represent and defend worker interests. Such research suggest...

Quantal response equilibrium (QRE) has become a popular alternative to the standard Nash equilibrium concept in game theoretic applications. It is well known that human subjects do not regularly choose Nash equilibrium strategies. It has been hypothesized that subjects are limited by strategic uncertainty or that subjects have broader social preferences over the outcome of games. These two fact...

game theory models decision makers' behaviors in strategic situations. since the structures of games are different, behavior and preferences of the players are different in various types of game. this paper reviews various situations of games. here, characteristics of some common games are discussed and compared. specifically, we focus on a group of games called symmetric games including p...

Most estimates of the incumbency advantage and the electoral benefits of previous officeholding experience do not account for strategic entry by high-quality challengers. We address this issue by using term limits as an instrument for challenger quality. Studying U.S. state legislatures, we find strong evidence of strategic behavior by experienced challengers (consistent with previous studies)....

This paper modifies the standard Mortensen-Pissarides job matching model in order to explain the cyclical behavior of vacancies and unemployment. The modifications include strategic wage bargaining (Hall and Milgrom, 2006) and convex labor adjustment costs. The results reveal that our model replicates the cyclical behavior of both variables remarkably well. First, we show that strategic wage ba...

This thesis considers the following question: In large-scale systems involving many self-interested participants, how can we effectively allocate scarce resources among competing interests despite strategic behavior by the participants, as well as the limited computational power of the system? Work at the interface between computer science and economics has revealed a fundamental tension betwee...

In many business schools, the field of strategic management has been elevated to the same status as more traditional subject areas such as finance, marketing and organizational behaviour. However, the field is rather unclearly delineated at present, as a result of the heavy usage of borrowed theories, a phenomenon we discuss in this article. For strategic management to become a legitimate subje...

The paper introduces a local cooperation pattern for repeated bimatrix games: the players choose a mutually acceptable strategy pair in every next round. A mutually acceptable strategy pair provides each player with a payoff no smaller than that expected, in average, at a historical distribution of players’ actions recorded up to the latest round. It may happen that at some points mutually acce...