Multi-unit organizations are a form of organizations where the geographically dispersed units provide similar products or services in different markets. Deciding on an appropriate level of centralization in such organizations...
The paper explores the intersection between modularity and conformity in organizational contexts using agent-based model of organizations as complex systems. The results demonstrate that a concentration of interdependent tasks within...
Multi-unit organizations such as retail chains are interested in the diffusion of best practices throughout all divisions. However, the strict guidelines or incentive schemes may not always be effective in...
We focus on how individual behavior that complies with social norms interferes with performance-based incentive mechanisms in organizations with multiple distributed decision-making agents. We model social norms to emerge from...
In this paper, we perform a welfare comparison of different life-cycle investment strategies for the pension funds using Monte Carlo simulations in an heterogeneous agent framework for Turkey. We calibrate...
Social norms are rules and standards of expected behavior that emerge in societies as a result of information exchange between agents. This paper studies the effects of emergent social norms...