Strategy deals with decisions about the scope of the firm and related choices about how to compete in various businesses. As such, research in strategy entails the analysis of discrete choices that may not be independent of each other. In this paper, we review the methodological implications of modeling such choices and propose conditional, nested, mixed logit, and hazard rate models as solutio...

There are many situations in which mis-coordinated strategic voting can leave strategic voters worse off than they would have been had they not tried to strategize. We analyse the simplest of such scenarios, in which the set of strategic voters all have the same sincere preferences and all cast the same strategic vote, while all other voters vote sincerely. Most mis-coordinations in this framew...

This paper investigates effects of strategic choice on organizational performance for Romanian family-owned Small and Medium sized Enterprises (SMEs). Using adapted Jacquemin–Berry entropy index for both product and international diversification and using a regression model, our study discusses family involvement as a moderating factor for organizational performance assessment. We discovered th...