infonet-economy

We use an analytical model to study the effects of customer-specific synergies – i.e. synergies that arise when firms sell multiple products to the same customers. At the firm level, we show that the profitability of a customer-specific synergy depends upon cross-market correlation of customer preferences, differs when the synergy is cost-based versus differentiation-based, and can...

This paper extends research on ethical leadership by proposing a responsibility orientation for leaders. Responsible leadership is based on the concept of leaders who are not isolated from the environment, who critically evaluate prevailing norms, are forward looking, share responsibility, and aim to solve problems collectively. Adding such a responsibility orientation helps to...

This paper studies stability aspects of solutions of parametric mathematical programs and generalized equations, respectively, with disjunctive constraints. We present sufficient conditions that, under some constraint qualifications ensuring metric subregularity of the constraint mapping, continuity results of upper Lipschitz and upper Hölder type, respectively, hold. Furthermore, we...

The data used in this paper were collected by the “Bundesinstitut für Berufsbildung (BIBB)” and the Institute for Employment Research (IAB) and are documented in the German “Zentralarchiv für Empirische Sozialforschung (ZA).” Neither the producers of the data nor the ZA bear any responsibility for the analysis and interpretation of the data in this paper. This study is partially...

Multinational corporations are operating in complex business environments. They are confronted with contradictory institutional demands that often represent mutually incompatible expectations of various audiences. Managing these demands poses new organizational challenges for the corporation. Conducting an empirical case study at the sportswear manufacturer Puma, we explore how...

This paper empirically examines how suspense and surprise affect the demand for entertainment. We use a tennis tournament, the Wimbledon Championships, as a natural laboratory. This setting allows us to both operationalize suspense and surprise by using the audience's beliefs regarding the outcome of the match and observe the demand for live entertainment using TV audience...

In view of the numerous accounting and corporate scandals associated with various forms of moral misconduct and the recent financial crisis, economics and
business programs are often accused of actively contributing to the amoral decision making of their graduates. It is argued that theories and ideas taught at universities engender moral misbehavior among some managers, as...