Climate change is one of the biggest challenges facing humanity today. Environmental values have spread globally and consumer beliefs are pressurizing firms in almost all industries to comply with green regulations. Sustainability has become such an important part of business strategy that almost every major company now has an executive with “sustainability” in his or her title. The travel and ...

Communication perspectives are presented on the challenges posed to traditional newspapers by social media and citizen journalism, with special reference to the United States. This is an important topic given the critical role investigative reporting, long the domain of newspapers, plays in fostering democratic practices. New Media and social networking technology are evaluated in terms of thei...

*Study financed by the Netherlands Technology Foundation (STW) The authors gratefully acknowledge discussants at Philips Corporate Research and Philips Corporate Strategy, especially Joop Dat, for fruitful discussions. The article expresses the view of the authors solely and doesnot necessarily correspond with former or current research and product policy decisions at Philips Electronics. 1 [Ab...

Along with the advancement of economic globalization and industrial revolution, scholars and managers have realized the importance of corporate social responsibility (CSR). However, there is still an absence of a knowledge bridge between theories and practices, namely how to apply CSR theories to strategic management practices. This paper adopts a qualitative study method and takes Wen’s Foodst...

Construction Informatics deals with subjects ranging from strategic management of ICTs to interoperability and information integration in the construction industry. Studies on defining research directions for Construction Informatics have a history over 20 years. The recent studies in the area highlight the priority themes for Construction Informatics research as interoperability, collaboration...

We characterize the revenue maximizing mechanism in a two-period model. A risk neutral seller owns one unit of a durable good and faces a risk neutral buyer whose valuation is private information. The seller has all the bargaining power; she designs an institution to sell the object at t=0 but she cannot commit not to change the institution at t=1 if trade does not occur at t=0. The seller’s ob...

Mobile business is a young promising industry created by the emergence of wireless data networks. Similar to other emerging industries, it is characterized by a large number of uncertainties at different levels, in particular concerning technology, business strategy and consumer demand. This paper focuses on the strategic uncertainties, where a large number of actors are trying a number of stra...

We propose a new class of strategy-proof and strongly budgetbalanced redistribution mechanisms called the sequential partition mechanism (SPM). Recently, studies on redistribution mechanisms have attracted increased attention in the research area of mechanism design to achieve a desirable social decision among self-interested agents. However, since no redistribution mechanism can simultaneously...

In two-sided multi-unit auctions having a variety of payment rules, including uniform-price and discriminatory auctions, a monotone pure strategy equilibrium (MPSE) exists when bidders are risk-neutral with independent multi-dimensional types and interdependent values. In fact, all mixed strategy equilibria are ex post allocationand interim expected payment-equivalent to MPSE. Thus, for standar...

We introduce a game theoretical model of stealing interactions. We model the situation as an extensive form game when one individual may attempt to steal a valuable item from another who may in turn defend it. The population is not homogeneous, but rather each individual has a different Resource Holding Potential (RHP). We assume that RHP not only influences the outcome of the potential aggress...