Computer-mediated communication was once confined to technical users and was considered somewhat arcane. This no longer holds true. Computer-mediated communication is a key component of the emerging technology of computer networks. In networks, people can exchange, store, edit, broadcast, and copy any written document. They can send data and messages instantaneously, easily, at low cost, and over long distances. Two or more people can look at a document and revise it together, consult with each other on critical matters without meeting together or setting up a telephone conference, or ask for and give assistance interactively (Hiltz & Turoff, 1978; Williams, 1977). Networks, and hence computer-mediated communications, are proliferating at a tremendous rate. In addition to the older long-distance networks that connect thousands of scientists, professionals, and managers (e.g., the Department of Defense's ARPA-NET, GTE's TELENET), there are more and more local-area networks that link up computers within a region, city, or organization (e.g., Nestar System's CLUSTERBUS, Xerox's ETHERNET, Ford Aerospace's FLASHNET, and Wang Laboratories' WANGNET). Stimulating this growth are the decreasing costs and the advantages of networks over stand-alone systems, such as sharing high-speed printers and access to a common interface for otherwise incompatible equipment. The future of this technology cannot be foretold, but it is far from arcane. The functions and impact of computer-mediated communication are still poorly understood. Critical information (such as who uses it for what purposes)
This paper investigates the effect of product substitutability on Nash equilibrium distribution structures in a duopoly where each manufacturer distributes its goods through a single exclusive retailer, which may be either a franchised outlet or a factory store. Static linear demand and cost functions are assumed, and a number of rules about players' expectations of competitors' behavior are examined. It is found that for most specifications product substitutability does influence the equilibrium distribution structure. For low degrees of substitutability, each manufacturer will distribute its product through a company store; for more highly competitive goods, manufacturers will be more likely to use a decentralized distribution system. This article was originally published in , Volume 2, Issue 2, pages 161–191, in 1983.channel management, distribution, vertical integration, industry analysis, game, pricing
This paper investigates the effect of product substitutability on Nash equilibrium distribution structures in a duopoly where each manufacturer distributes its goods through a single exclusive retailer, which may be either a franchised outlet or a factory store. Static linear demand and cost functions are assumed, and a number of rules about players' expectations of competitors' behavior are examined. It is found that for most specifications product substitutability does influence the equilibrium distribution structure. For low degrees of substitutability, each manufacturer will distribute its product through a company store; for more highly competitive goods, manufacturers will be more likely to use a decentralized distribution system.channel management, distribution, vertical integration, industry analysis, game, pricing
In this study, we examine hypotheses, based on theories of group decision making and an extension of prospect theory to a social context, about the influence of group communication and group decision processes oa group decisions. Managers individually and in 3-person groups made multiattribute risk choices (two investment alternatives, each with multiple outcomes). Two group decisions were reached during face-to-face discussion, and two were reached during (real-time) computer-mediated discussion. In comparison with prediscussion individual preferences, groups' multiattribute risk choices and attitudes after face-to-face discussion were risk averse for gains and risk seeking for losses, a tendency predicted by prospect theory and consistent with choice shift and other group extremitization research. By contrast, group decisions during computer-mediated discussion did not shift in the direction of prospect theory predictions. The results are consistent with persuasivearguments theory, in that computer-mediated discussion contained less argumentation than face-toface discussion. Social decision schemes were used to evaluate alternative assumptions about the group process. A "(prospect-theory) norm-wins" decision scheme described group choice well in the lace-to-face discussion condition, but not in the computer-mediated discussion condition. Another decision scheme, first-advocate wins, which described choices well in both face-to-face and computer-mediated discussions, was explored in a discussion of the role of communication in group decision making.Risk decision making is important in both prescriptive and empirical analyses of group and organizational behavior. In this research, we draw from research on prospect theory (e.g., Kahneman & Tversky, 1979), multiattribute risk choice (e.g., Payne, Laughhunn, & Crum, 1984), group decision making (e.g., Davis, 1973;Vinokur & Burnstein, 1974), and group computer communication (e.g., Kiesler, Siegel, & McGuire, 1984) to investigate how people make muUiattribute risk choices in groups. Multiattribute risk choices are decisions that have multiple uncertain, or risky, consequences, such as when a finance committee has to consider short-term objectives as well as long-term goals. Organizations frequently delegate multiattribute risk choices to groups because these choices require expertise and perspectives from different parts of the organization. Thus far, however, multiattribute risk choice has been investigated as an individual decision process. One purpose of this research was to extend the generality of prior work by examining how people reach multiattribute risk decisions in groups. By studying decision problems in which individuals'
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.