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Tekijä: | Prietula, M.J. Watson, H.S. |
Otsikko: | Extending the Cyert-March duopoly model: organizational and economic insights |
Lehti: | Organization Science
2000 : SEP-OCT, VOL. 11:5, p. 565-585 |
Asiasana: | DECISION MAKING ORGANIZATIONAL BEHAVIOUR |
Vapaa asiasana: | COMPUTATIONAL MODELS |
Kieli: | eng |
Tiivistelmä: | Two studies were conducted to further explore the organizational and economic insights provided by the Cyert-March duopoly model (C-M). Study 1 examined the extent to which two firms that differed solely in the decision behavior of a routine would also differ in organizational (quasi-resolution of conflict, uncertainty avoidance, problem-driven search and organizational learning) and economic (profit, price, market share, cost) measures and impacts. Study 2 examined the data from the first study to determine the extent to which the performance of the duopoly was consistent with a set of eight stylized economic facts drawn from the empirical literature on oligopoly. |
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