search query: @indexterm FLEXIBILITY / total: 403
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| Author: | Witteloostuijin, A. van Boone, C. Lier, A. van |
| Title: | Toward a game theory of organizational ecology: production adjustment costs and managerial growth preferences |
| Journal: | Strategic organization
2003 : AUG, VOL. 1:3, p. 259-300 |
| Index terms: | Adjustment costs Flexibility Game theory Growth Organizational behaviour |
| Language: | eng |
| Abstract: | Two theoretical perspectives are merged in this paper in a mathematical game-theoretic modeling approach: industrial organization on the one hand, which basically is the economic theory of market competition and firm strategies, and organizational ecology on the other hand, which is a major sociological tradition that studies the evolution of organizational populations. The merger is instrumental in analyzing a key question in strategic organization: what is the role of flexibility, inertia and efficiency in facilitating firm performance in a selection of environment, in terms of both profitability and survival? |
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