Pricing over multiple periods under forward-looking, strategic consumer purchasing behavior has received significant recent research attention; however, whether consumers actually benefit from this behavior and would voluntarily choose to be strategic has not been previously considered. We explore this question, and show that many consumers have lower surplus if they are strategic than if they ...

Analysis of strategic interaction among decision makers has recently become a major focus of economists and other social scientists. An example of such interaction includes interdependent choices of policy instruments by local or state governments. In this case, the optimal level of a jurisdiction's policy instrument depends on the levels chosen by other (perhaps neighboring) jurisdictions. Ano...

In recent decades, necessity to protect environment has been a serious concern for all people and international communities. In appropriate development of human economic activities, subsistence dependence of the growing world population on nature decreases the natural diversity of ecosystems and habitats day by day and provides additional constraints for life and survival of wildlife. As a resu...

This paper demonstrates the quantization of a spatial Cournot duopoly model with product choice, a two stage game focusing on non-cooperation in locations and quantities. With quantization, the players can access a continuous set of strategies, using continuous variable quantum mechanical approach. The presence of quantum entanglement in the initial state identifies a quantity equilibrium for e...

Vital decisions made at the strategic level in an organization are not only intricate but also costly to alter. It is therefore important to find a comprehensive approach to deal with such a possibility. One of the major problems of a common balanced scorecard (BSC)-based model in strategic management is lack of a ranking system for strategic objectives in order to enable prioritization of the ...

We employed a property rights approach to formulate a set of hypotheses explaining the choice between equity and non-equity alliances in the Information and Communication Technology industry. The firm’s need to control knowledge exchange and the resulting innovation makes property rights an important concern permeating partners’ strategic behavior. We showed that equity alliances were preferred...