In this paper we propose the use of Fuzzy Cognitive Map (FCM), a well-established Artificial Intelligence technique that incorporates ideas from Artificial Neural Networks and Fuzzy Logic, for E-Commerce strategic planning. FCMs create models as collections of concepts and the various causal relations that exist between these concepts. The strategic planning capabilities of the FCM structure ar...

In today’s fast-paced and rapidly changing business environment, companies has deeply modified their strategies to integrate technology into the business planning process. Technologies are now everywhere in the firm’s value chain. Thus, it is necessary for firms to adapt their strategic process as technology is pervasively important as part of business function. This implies the need to study a...

In the classic Crawford-Sobel (CS) model of strategic communication between an informed Sender and uninformed Receiver, perfect information transmission is never achieved as an equilibrium outcome. I present a modified version of the CS cheap talk game with the following two innovations: (i) both players take actions, and (ii) actions are strategic substitutes. In contrast to the CS setup, the ...

This research draws on banking sector data to explore the role of leadership actions in facilitating successful implementation of automatic teller machines (ATMs) and Internet Banking in Egyptian private sector banking. IT-related innovations in everyday business functions have elicited a great many reforms in the Egyptian banking sector since the 1990s. Achieving strategic competitiveness thro...

Internet and IT have re-shaped the strategy logic of contemporary organizations. The new logic emphasizes business opportunity leveraging through constantly evolving entrepreneurial actions. The required business capabilities underlying such strategic logic, including organizational agility and IT competence, have also to be built and co-evolved. Based on Sambamurthy et al. [1] conceptual frame...

Marketing literature shows that the main sequences of strategic marketing planning and control processes do not have a strong network approach, since these sequences consider the company in a more individual approach. This article presents a new sequence of steps, which was applied as a Strategic Marketing Planning and Control framework in three companies and incrementally adjusted over a perio...

We consider n-person games with quasi-concave payoffs that depend on a player’s own action and the sum of all players’ actions. We show that a discrete-time, stochastic process in which players move towards better replies—the better-reply dynamics—converges globally to a Nash equilibrium if actions are either strategic substitutes or strategic complements for all players around each Nash equili...

This paper suggests a theory of choice among strategic situations when the rules of play are not properly specified. We take the view that a “strategic situation” is adequately described by a TU game since it specifies what is feasible for each coalition but is silent on the procedures that are used to allocate the surplus. We model the choice problem facing a decision maker (DM) as having to c...