International Joint Ventures - An Interplay of Cooperative and Noncooperative Games Under Incomplete Information

International Joint Ventures (IJVs) combine the resources of local and foreign firms to create independent business entities, however, their failure rate is high. This analysis of the IJV life cycle considers the problems of multi-person decision-making. A typology of strategic and functional configurations, and solution concepts, are developed.

List of contents

List of Tables List of Figures Acknowledgment Introduction Theoretical Underpinning The Rules of the IJV Games A General Framework for Multi-person Decision-Making Static Common Agency Dynamic Common Agency Termination Scenarios in the Last Stage of an IJV Life Cycle Conclusion Mathematical Appendix Bibliography Index

About the author

URSULA F. OTT is a Lecturer in International Business at Loughborough University Business School, UK. She obtained her PhD in Economics and Social Sciences at the University of Vienna. She was previously an Assistant Professor at the University of Vienna and a Research Scholar at the London School of Economics and Political Science. She has published in refereed journals and made contributions to conferences in International Business and Game Theory.

Summary

International Joint Ventures (IJVs) combine the resources of local and foreign firms to create independent business entities, however, their failure rate is high. This analysis of the IJV life cycle considers the problems of multi-person decision-making. A typology of strategic and functional configurations, and solution concepts, are developed.

Product details

• Authors: U Ott, U. Ott
• Publisher: Springer Palgrave Macmillan
• Languages: English
• Product format: Paperback / Softback
• Released: 01.01.2006
• EAN: 9781349428885
• ISBN: 978-1-349-42888-5
• No. of pages: 208
• Dimensions: 140 mm x 12 mm x 216 mm
• Weight: 288 g
• Illustrations: XIII, 208 p.
• Subjects: Social sciences, law, business > Business > Management; Management, B, Planning, Organization, Economic theory & philosophy, International business, Economic Theory, Organizational theory & behaviour, Management & management techniques, Management science, Quantitative Economics, International business enterprises, Economic Theory/Quantitative Economics/Mathematical Methods, Palgrave Business & Management Collection