infonet-economy

Despite the attention that strategic change as a topic of research has received, there remain considerable difficulties in conceptualizing the actual sources of strategic change. Using the concept of strategic episodes, this paper develops an endogenous theory of change, where the sources of change are located in the organization itself. We argue that processes of organizational…

In the strategy literature, much research has been conducted about factors and processes influencing strategy formation with the objective to reap sustainable intraindustry differential firm performance. In this theory-development paper, I argue that the integration of insights taken from different threads of strategy process research can create new findings which comprise of a…

Low frequency “off-line” repetitive transcranial magnetic stimulation (rTMS) over the course of several minutes has attained considerable attention as a research tool in cognitive neuroscience due to its ability to induce functional disruptions of brain areas. This disruptive rTMS effect is highly valuable for revealing a causal relationship between brain and behavior. However, its…

Understanding the link between neurobiology and cognition requires that neuroscience moves beyond mere structure-function correlations. An explicit systems perspective is needed in which putative mechanisms of how brain function is
constrained by brain structure are mathematically formalized and made accessible for experimental investigation. Such a systems approach critically…

Witnessing the distress of others can result both in empathy and personal distress. Perspective-taking has been assigned a major role in the elicitation and modulation of these vicarious responses. However, little is known about how perspective-taking affects the psychophysiological correlates of empathy vs. personal distress. We recorded facial electromyographic and…

Incomplete consumption risk sharing implies that the market risk premium is high in times of lack of risk sharing and vice versa. In the time period from 1980 to 2007, this implication of incomplete consumption risk sharing for the market price of risk is not mirrored in excess returns on stocks but in returns on real estate both in the Euro Area and in the U.S. This finding thus…

The purpose of this contribution is to make the idea of modeling as theory-building operational. We conceive the modeling process as a theory-building process, thereby opening up a new perspective on the methodology of modeling in the social sciences. By reconceptualizing the notion of modeling, we hope to convey the advantages of more conceptual thinking in management. Practitioners…