Search results for "jel:M2"

showing 10 items of 13 documents

BARGAINING WITH COMMITMENT UNDER AN UNCERTAIN DEADLINE

2006

We consider an infinite horizon bargaining game in which a deadline can arise with positive probability and where players possess an endogenous commitment device. We show that for any truncation of the game, the equilibrium agreement can only take place if the deadline arises within this finite horizon. Since the deadline is an uncertain event, the equilibrium exhibits agreements which are delayed with positive probability.

Commitment deviceComputer Science::Computer Science and Game TheoryGeneral Computer ScienceTruncationFinite horizonC78 [Bargaining endogenous commitment delays uncertain deadline JEL Classification]jel:M2MicroeconomicsEconomicsjel:C0Infinite horizonStatistics Probability and UncertaintyBusiness and International Managementjel:D5jel:B4Mathematical economicsComputer Science::Operating Systemsjel:C6jel:D7Positive probabilityComputer Science::Databasesjel:C7Event (probability theory)International Game Theory Review
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THE ROLE OF GOVERNMENT IN ROMANIA’S PARTICIPATION IN DIGITAL ECONOMY

2012

To participate in the digital economy, for a nation, it is imperative the need to adopt ICT, but not only at companies and individuals levels but also on the entire society. The national ICT adoption is significant especially in sustainable economic development of Romania. The degree to which Romania join the digital economy is influenced by measures and policies adopted by the government. The Government should facilitate, motivate and support the adoption of ICT at all three levels: individual, entrepreneurial and governmental. A nation cannot benefit from participation in digital economy when the government vision on the use of modern technology is not sufficiently developed. If Romania w…

ComputingMilieux_GENERALjel:M10jel:M21jel:D83jel:O16digital economy government e-readiness ICTRevista Economica
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THE SHAPLEY-SOLIDARITY VALUE FOR GAMES WITH A COALITION STRUCTURE

2013

A value for games with a coalition structure is introduced, where the rules guiding cooperation among the members of the same coalition are different from the interaction rules among coalitions. In particular, players inside a coalition exhibit a greater degree of solidarity than they are willing to use with players outside their coalition. The Shapley value is therefore used to compute the aggregate payoffs for the coalitions, and the solidarity value to obtain the payoffs for the players inside each coalition.

General Computer ScienceCoalitional value Shapley value Owen value Solidarity value C71ComputingMilieux_PERSONALCOMPUTINGMathematicsofComputing_GENERALStructure (category theory)TheoryofComputation_GENERALComputingMethodologies_ARTIFICIALINTELLIGENCEShapley valueSolidarityjel:M2MicroeconomicsCore (game theory)Value (economics)jel:C0Economicsjel:D5Statistics Probability and UncertaintyBusiness and International Managementjel:B4jel:C6jel:D7Mathematical economicsjel:C7International Game Theory Review
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CREATIVITY, INNOVATION AND CHANGE IN KNOWLEDGE-BASED ORGANIZATION

2012

The innovative - creative potential of an organization is determined by the creative capacity of its members, by its managerial team competency and by certain mechanisms to sustain implementation of new ideas, as well as their transformation in competitive products and services. From the premise that knowledge-based modern organization is permanently connected to changes of business environment, the paper aims to underline the essential role of creativity and innovation in projecting and implementing organizational change programmes. Also, the paper presents possible directions of action recommended to nowadays organizations for the transition to knowledge-based organization stage.

jel:M10jel:M21jel:D90creativity innovation change knowledge-based organization.jel:D83Revista economica
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The Crises Management faced with new Challenges

2008

We witness an economic crisis without precedent that affects every area of our existence, rich and poor, at a global scale. The noise of financial crisis makes us no longer perceive other crises, which no one seems ready to accept them, namely a crisis of values that proliferate in our society. The experience of the past crises shows that the recession affecting mainly local companies, multinational companies managed to make profits during hard times for the economy of the host country, and the management is put in front of new challenges.

jel:M10jel:M21jel:M14jel:D7crisis management managers’ behavior economic restructuring performance management efficiency
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Valorificarea capitalului intelectual - criteriu pentru performanta manageriala in societatea bazata pe cunoastere

2006

If we can see the knowledge society as an essential part of the “external environment” of the firm management, that brings with it some specific opportunities and threats, we have to consider the intellectual capital – that integrates the two basic resources: knowledge and human – a key ingredient for the “internal environment” of the firm management, which determines some strengths and/or weaknesses that lead to the success or the failure of the managerial effort of the firm operating under the circumstances given by the emergency of three processes with global spread: the economic globalization, the managerial revolution and the knowledge-based society. Having as starting point the premis…

jel:M21ComputingMilieux_THECOMPUTINGPROFESSIONintellectual capital; managerial performance; knowledge-based society
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Motivators That Intervene in the Decision Making Process in Tourism

2014

Being part of the tourism industries involves many researches and analyses in different periods of time, regarding different segments of consumers. Therefore, it is important to be aware of all the factors and motivators that influence a tourist to purchase a particular tourism services. These complex variables are crucial for the final purchase decision of an offer with emotional value for customers. This paper presents the principals motivators which intervene in the decision making process that should be acknowledged by marketers in order to provide the ideal tourism package.

jel:M21consumer behavior motivators consumer buying behavior influences tourism process decision making processinfluencesjel:M31tourism processlcsh:Marketing. Distribution of productsconsumer buying behaviordecision making processlcsh:HF5410-5417.5consumer behaviormotivatorsExpert Journal of Marketing
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Market Segmentation in the Decision Making Process in Tourism

2014

In this paper, I examine the responses of 154 tourists in relation to their predisposition to purchase and the patterns and habits that are usually decisive in the decision making process regarding tourism services or products. For this research, I conducted a selective direct research, whose purpose was to obtain a segmentation of consumers who purchase tourism services based on specific dimensions of behavior. This research also implied studying the behavior of current and potential customers who purchase travel services depending on several variables for establishing different consumption habits. Thus, to establish a more detailed image of the tourists who participated in this direct and…

jel:M21consumer behavior tourism market segmentation tourist dimensions decision making processjel:M31tourist dimensionsmarket segmentationtourismdecision making processconsumer behaviorlcsh:Businesslcsh:HF5001-6182Expert Journal of Business and Management
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Managing Economic Solution for a global sustainable Development

2010

We live in an imperfect world. The poverty, the disease, the lack of education, the environmental destruction, the energy crisis, the overpopulation, the increasing consumption of resources, the deforestation and desertification, the biodiversity loss, the pollution, the emissions of greenhouse gases, the climate change, water supply, human violence etc. are all current issues. What can be done to provide adequate solutions to these problems? How to respond to these issues?

jel:M21globalization cooperation economic development environment energy development
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Consumption Habits During the Decision Making Process in Tourism

2014

It is crucial for all organizations that activate in this field to research and understand the way in which consumers make decisions and the factors that motivate and encourage tourists to make different purchases. Also, when analyzing a tourist’s consumer behavior, companies must take into consideration: the needs and patterns of the consumers, consumer preferences and requirements, tourism market segmentation, and motivational factors such as cultural, personal, emotional, status, personal development, physical, etc. In this context, this paper aims to examine the responses of 154 tourists in relation to their predisposition to purchase and the patterns that are usually decisive in the de…

jel:M21habit of purchasetripsjel:M31consumer behavior habit of purchase buyer behavior trips customer satisfaction touristsbuyer behaviorcustomer satisfactiontouristsconsumer behaviorlcsh:Businesslcsh:HF5001-6182Expert Journal of Business and Management
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