Strategic Sophistication of Individuals and Teams in Experimental Normal-Form Games We present an experiment on strategic thinking and behavior of individuals and teams in oneshot normal-form games. Besides making choices, decision makers have to state their firstand second-order beliefs. We find that teams play the Nash strategy significantly more often, and their choices are more often consis...

When modeling the behavior of firms, marketers and micro-economists routinely confront complex problems of strategic interaction. In competitive environments, firms make strategic decisions that not only depend on the features of the market, but also on their beliefs regarding the reactions of their rivals. Structurally modeling these interactions requires formulating and estimating a discrete ...

Given the sizeable savings, many disputes are resolved via arbitration. Numerous studies have considered the strategic incentives of various forms of arbitration, most notably Final Offer Arbitration (FOA). While previous work focused exclusively on optimal offers, in reality disputants make a series of perhaps interrelated choices. This paper considers FOA disputants making an additional inves...

The purpose of this paper is to formalize the choices of market entry strategy (Export Vs Greenfield investment Vs Cross border M&A) and the target selection (Acquisition of high-productivity firm or low-productivity one) for a foreign firm, and to delineate the relationship between foreign firm’s incentive and host government’s intention from an Industrial Organization (IO) perspective. It is ...

This chapter focuses mainly on corporate growth strategies and growth modes. The main question is how to create and develop a sustainable competitive advantage for the whole company. The traditional strategic management approach is to consider two different levels of analysis: business and corporate strategy. In fact, both of them represent today the basis for obtaining sustained competitive ad...

This paper reviews some of the recent advances in our understanding of the determinants of firms’ choices between trade and foreign direct investment (fdi) as means by which to serve their overseas markets. Over the past two decades, fdi has grown much more rapidly than trade flows. The great majority of these investment flows have been between developed countries with similar factor endowments...

The research explores a strategic control model by the emphasis on the green approach based on Simons’ levers of control framework. Special consideration is paid for assessing how much green is the organization. The purpose of this paper is to design a strategic control model for Audit institute of social security organization of Iran. The data is gathered from social security organization and ...

The manuscript offers a conceptualization and formalization of the notion of choice undecidability of an individual actor within a post-structural approach to social theory. In contrast to conventional decision theories which posit that the actors are able to delineate the set of alternative choices, this paper explores how choice undecidability shapes the decision-making process in strategic s...

This study examines the differences between strategic systems audit approach compared with traditional based audit approach and its impact on development of auditors’ knowledge of the client’s business, has been discussed. Strategic systems audit approach advocates argue that this approach creates a better development of auditors’ knowledge of the client’s business than the traditional-based au...