Consumer Search, Competition, and the Organizational Structure of Multi-Unit Firms
Myong-Hun Chang and Joseph E. Harrington, Jr.
Authors registered in the RePEc Author Service: Joseph E. Harrington, Jr. () and
Myong-Hun Chang ()
No 54, Computing in Economics and Finance 2001 from Society for Computational Economics
A computational model of competing multi-unit firms, such as a retail chain, is developed in which unit managers and corporate staff continually search for better practices while consumers search among units to find a better match. The main objective of this research is to determine how the amount of discretion given to unit managers, as to how they run their units, influences the rate of innovation. A primary finding is that the presence of competition enhances the relative performance of the centralized form though an increased rate of consumer search differentially benefits the decentralized form.
Keywords: Search; Organizational Structure; Multi-Unit Firms (search for similar items in EconPapers)
JEL-codes: L2 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mic
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://academic.csuohio.edu/changm/files/CHANG-SCE-01.pdf main text (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:sce:scecf1:54
Access Statistics for this paper
More papers in Computing in Economics and Finance 2001 from Society for Computational Economics Contact information at EDIRC.
Bibliographic data for series maintained by Christopher F. Baum ().