𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Modeling the competitive process

✍ Scribed by Robert Jacobson; Gary Hansen

Publisher
John Wiley and Sons
Year
2001
Tongue
English
Weight
103 KB
Volume
22
Category
Article
ISSN
0143-6570

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

Understanding the behavior of markets requires understanding not just the level of return but also its dynamics. The speed at which abnormal returns dissipate is one useful indicator of the competitive process. We model for US and Japanese firms the process of competition as reflected in the persistence of abnormal returns. While we find a similar aggregate distribution of firm persistence in both countries, we observe cross‐national differences manifesting themselves in terms of inter‐country differences in industry persistence. We find that both industry‐ and firm‐specific factors influence firm persistence. Copyright Β© 2001 John Wiley & Sons, Ltd.

πŸ“œ SIMILAR VOLUMES

The competition of allergic processes
The competition of allergic processes
✍ M. A. Frolova; G. A. Klisenko; L. I. Krasnoproshina πŸ“‚ Article πŸ“… 1958 πŸ› Springer US 🌐 English βš– 351 KB
Reversible competition processes
Reversible competition processes
✍ Donald L. Iglehart πŸ“‚ Article πŸ“… 1964 πŸ› Springer 🌐 English βš– 913 KB
Information analysis techniques for the
Information analysis techniques for the competitive intelligence process
✍ Luis MarΓ­n-Llanes; Juan Carro-Cartaya; Rafael EspΓ­n-Andrade πŸ“‚ Article πŸ“… 2001 πŸ› John Wiley and Sons βš– 108 KB πŸ‘ 2 views

In this article, the authors discuss useful techniques for information analysis in the CI process. Nowadays, managers usually suffer of a flood of information that takes too much time to select and analyze for decision-making. Managers also are faced with a negotiation or "bargain" process, which re