Burning your britches behind you: can policy scholars bank on game theory

Article Abstract:

Critics who oppose the use of game theory in business strategy research often claim that it is not an empirically substantive approach as it can be used to derive superficial rationalizations for just about any kind of activity. This line of criticism, however, is irrelevant to the concerns of business strategy research. After all, the potential of game theory to assist in the development of strategic management theory rests not on any claim to empirical substantiveness, but rather on its usefulness in providing qualitative models that can be constructed to explain rational action.

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A systematic comparative analysis and synthesis of two business-level strategic typologies

Article Abstract:

The Defender, Analyzer, Prospector, and Reactor types of organizational adaption suggested by Miles and Snow and the Overall Cost Leadership, Stuck-in-the-middle, and Differentiation, and Focus generic competitive strategies suggested by Porter are compared by analyzing 31 strategic variables for each strategy within each typology. Analysis results suggest that there are differences and similarities between the two typologies, but that a synthesis of the two typologies is suggested, based on the dimensions of level of proactiveness and the internal consistency of the strategy.

Organizational research, Organizational behavior

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Strategy, strategy-making, and performance in a business game

Article Abstract:

A 1987 study by Segev examined the ties among strategy-making, performance, and strategy, emphasizing the relationship between two significant typologies: Miles and Snow's 1978 idea of strategic types, and Mintzberg's 1973 notion of strategy-making modes. Findings of the Mintzberg study clearly showed the ties between the two ideas, and supported in part the assertions that the effects of strategy and strategy-making are tied to organizational performance. The instant study employs a business game as a way to look at this three-part relationship.

Business planning

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