Adoption of standards under uncertainty
نویسندگان
چکیده
The presence of noise in compliance times may have a critical impact on the selection of new technological standards. A technically superior standard is not necessarily viable because an arbitrarily small amount of noise may render coordination on that standard impossible. We introduce the concept of a firm’s “support ratio,” defined as a function that depends only on characteristics of that firm. We show that for sufficiently patient firms, the viability of a standard does not depend on the distribution of noise in compliance times. The criterion for the viability of a standard is that the sum of support ratios of all firms be smaller than one.
منابع مشابه
Effect of Environmental Factors of Countries on IFRS Adoption
Abstract This study aimed to investigate the effect of environmental factors on international financial reporting standards (IFRS) adoption across countries. Environmental factors in this study include the existence of capital market, economic growth, economic openness, legal system, education level and cultural indicators such as power distance, individualism, masculinity and avoidance of un...
متن کاملForeign Investment as Main Factor for Successful Funds and Its Effect on Trade Balance Strategic Technology Adoption under Technological Uncertainty
متن کامل
Adoption and Impacts of Interorganizational Business Process Standards: Role of Partnering Synergy
N potential benefits, such as quality of interorganizational relationships and operational and strategic gains, adoption of information technology (IT)-enabled interorganizational business process standards (IBPS) is still limited. Given that these standards are designed for interorganizational business processes, we suggest that adoption of these standards depends not only on the factors perti...
متن کاملAdoption of Information Security as Decision-making under Uncertainty: A Behavioural Economics Approach
In this study, we consider the question of adoption of information security technologies at individual level as a problem of decision-making under uncertainty and analyse it using a behavioural economics approach. We highlight the importance of the security adoption question for individuals outside of the organizational setting. In our model, we assume that an individual faces two sources of un...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2003