Overt interfunctional conflict (and its reduction through business strategy)
Article Abstract:
Production and sales departments have a tendency to disagree, as the former wants uninterrupted production runs while the latter bats for an expansive product line. These disagreements lead to over interfunctional conflict. By presenting arguments that destroy each other's stance, it is shown that the firm benefits from the information produced by the conflict. However, the profit-maximizing level can be surpassed by the equilibrium conflict. Focusing innovative talent in only one department is shown to minimize such interfunctional conflict.
Publication Name: RAND Journal of Economics
Subject: Economics
ISSN: 0741-6261
Year: 1995
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Market power and price increases for basic cable service since deregulation
Article Abstract:
An analysis of changes in the cable television services industry following deregulation is presented. The analysis focuses on the relationship between the industry's market power and cable television service prices and rates. Supply and demand functions for the industry before and after deregulation are developed. It is shown that an 18% real price increase was conditioned by current market power.
Publication Name: RAND Journal of Economics
Subject: Economics
ISSN: 0741-6261
Year: 1993
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Stock price manipulation through takeover bids
Article Abstract:
Stock price manipulators increase the prices of their stocks by announcing spurious takeover claims. This is proven with a model that takes into account the number of entities with the financial capability and the credibility of mounting a takeover. However, possible takeover claims may also decrease stock prices. The level of takeover activity directly affects the actions made by serious bidders.
Publication Name: RAND Journal of Economics
Subject: Economics
ISSN: 0741-6261
Year: 1996
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