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Thursday, July 30, 2020 | History

4 edition of Strategic choice of flexible production technologies and welfare implications found in the catalog.

Strategic choice of flexible production technologies and welfare implications

Lars-Hendrik RoМ€ller

Strategic choice of flexible production technologies and welfare implications

by Lars-Hendrik RoМ€ller

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  • 36 Currently reading

Published by INSEAD in Fontainbleau .
Written in English


Edition Notes

Statementby Lars-Hendrik Ro ller and Mihkel M. Tombak.
SeriesWorking papers / INSEAD -- no.88/54
ContributionsTombak, Mihkel M.
The Physical Object
Pagination23p. ;
Number of Pages23
ID Numbers
Open LibraryOL13918916M

Roller, Lars-Hendrik & Tombak, Mihkel M, "Strategic Choice of Flexible Production Technologies and Welfare Implications," Journal of Industrial Economics, Wiley Blackwell, vol. 38(4), pages , June. Oben Ceryan & Ozge Sahin & Izak Duenyas, New technologies and the implications of changing technological conditions. characterized by more flexible production and fragmented demand. Others, such as Michael Porter, refer to the declining importance of economies of scale and the growth of flexible factories serving multi-niche markets. strategic technology partnering and inter.

III. The Strategic Value of Flexibility: A Simple Model We model the technology-quantity choice as a two-stage sequential duopoly game of complete information (see Roller and Tombak, ). In the first stage, firms simultaneously choose between a flexible production technology (denoted FMS) and a less flexible (and less. Choice of flexible production technologies under strategic delegation. We obtain that the asymmetric equilibrium in which only one firm adopts the flexible technology can be sustained under strategic delegation but not under strict profit maximization when products are substitutes. We extend the analysis to consider welfare implications.

The Strategic Choice of Film and TV Base Development Based on AHP-SWOT Model—Taking Xiangshan Studio City as an Example. On Econ. Probl. , 12, 94–, (In Chinese with English Abstract). [Google Scholar] Kişi, N. A Strategic approach to sustainable tourism development using the A’WOT Hybrid method: A case study of Zonguldak, Turkey.   Strategic flexibility can be used by organizations as both an offense and defense mechanism, depending on the nature of change and its impact on the organization. For example, when a new player enters the market with a new product, it is a major change in the external environment of an existing organization.


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Strategic choice of flexible production technologies and welfare implications by Lars-Hendrik RoМ€ller Download PDF EPUB FB2

T. Kim, L.H. Röller, M.M. TombakStrategic choice of flexible production technologies and welfare implications: addendum et corrigendum Journal of Industrial Economics, 2 (), pp. Google ScholarAuthor: Juan Carlos Bárcena-Ruiz, Norma Olaizola.

BibTeX @MISC{Tombak88strategicchoice, author = {Mihkel M. Tombak and Charles Wyplosz and Associate Dean and Lars-hendrik Roller and Mihkel M. Tombak}, title = {Strategic Choice of Flexible Production Technologies and Welfare Implications}, year = {}}.

Downloadable (with restrictions). This paper examines the market conditions under which firms would choose a more flexible production technology with respect to product design.

The authors use a two-stage game in which firms choose between flexible and less flexible production technologies in the first stage and subsequently choose output. Choice of flexible production technologies under strategic delegation Article in Japan and the World Economy 20(3) August with 21 Reads How we measure 'reads'.

This paper analyzes a managerial delegation model in which firms can choose between a flexible production technology which allows them to produce two Author: Juan Carlos Bárcena-Ruiz, Norma Olaizola. In analyzing the strategic choice of flexible production technology, issues involving entry deterrence are investigated in Chang () and Norman and Thisse ().

Kim et al. () is another relative study, which examines the decision when to switch from a DE technology to an FMS technology. High Technology, October, p 3 Milgrom, P and Roberts, J, The economics of modern manufacturing.

Products, technology and organization Am Econ Rev., 80(3). Roller, L H and Tombak, M M, Strategic choice of flexible production technologies and welfare implications.

J Ind Econ.,38(4) Selten, R, @MISC{Gupta_anote, author = {Sudheer Gupta}, title = {A Note on "Strategic Choice of Flexible Production Technologies and Welfare Implications"}, year = {}} Share.

OpenURL. Abstract. This note corrects certain errors in welfare calculations and graphs of a paper by Roller and Tombak #JIE, #. The corrections necessitate a re-interpretation. the ⁄exible technology can be sustained under strategic delegation but not under strict pro–t maximization when products are substitutes.

We extend the analysis to consider welfare implications. JEL Classi–cation: O31, L13 Key words: Flexible production technologies, strategic delegation, social welfare, duopoly Departamento de.

"Strategic Choice of Flexible Production Technologies and Welfare Implications," Journal of Industrial Economics, Wiley Blackwell, vol.

38(4), pagesJune. Lars-Hendrik Röller & Mihkel M. Tombak, "Competition and Investment in Flexible Technologies," Management Science, INFORMS, vol.

39(1), pagesJanuary. Gal-Or, Esther. Several articles have analyzed the strategic choice of flexible manufacturing technologies (Chang, ;Eaton and Schmitt, ;Norman, ;Norman and. This paper examines the effect of salvage market on strategic technology choice and capacity investment decision of two firms that compete on the amount of output they produce under demand uncertainty.

A game theoretic model applies such that in the first stage firms choose their production technology between two alternatives: modular production process (flexible technology) or unified.

Strategic Choice of Flexible Production Technologies and Welfare Implications. By Lars-Hendrik Roller and Mihkel M Tombak. Abstract. This paper examines the market conditions under which firms would choose a more flexible production technology with respect to product design. The authors use a two-stage game in which firms choose between.

Strategic choice of flexible production technology using game theory approach Article in Robotics and Computer-Integrated Manufacturing 28(3)– June with 70 Reads How we measure.

CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): This work analyzes a managerial delegation model in which rms can choose between a exible production technology which allows them to produce two di¤erent products and a dedicated production technology which limits production to only one product.

We analyze whether the incentives to adopt the exible technology. T. Kim, L.H. Röller, M.M. TombakStrategic choice of flexible production technologies and welfare implications: addendum et corrigendum Journal of Industrial Economics, 40 (), pp.

Google Scholar. The authors use a two-stage game in which firms choose between flexible and less flexible production technologies in the first stage and subsequently choose output. STRATEGIC CHOICE OF FLEXIBLE PRODUCTION TECHNOLOGIES AND WELFARE IMPLICATIONS* LARS-HENDRIK ROLLER AND MIHKEL M.

TOMBAK This paper examines the market conditions under which firms would choose a more flexible production technology with respect to product design. We use a two-stage game in which firms choose between flexible.

Dedicated vs product flexible production technology: Strategic capacity investment choice Article in European Journal of Operational Research (1) July with 97 Reads How we measure 'reads'. Flexible manufacturing’s ability to deter entry is moderated by two factors: non‐prohibitive costs of re‐anchoring flexible manufacturing processes and the possibility that entrants choose to produce niche products using designated technologies rather than adopt flexible manufacturing.

Choice of Flexible Production Technologies Under Strategic Delegation in which only one firm adopts the flexible technology can be sustained under strategic delegation but not under strict profit maximization when products are substitutes.

We extend the analysis to consider welfare le production technologies, strategic.The firms make three decisions in the following sequence: choice of technology (technology game), capacity investment (capacity game), and production quantities (production game).

The technology and capacity games occur while the demand curve is still uncertain, and the production game is postponed until after the demand curve is revealed.Downloadable! This paper examines the effect of salvage market on strategic technology choice and capacity investment decision of two firms that compete on the amount of output they produce under demand uncertainty.

A game theoretic model applies such that in the first stage firms choose their production technology between two alternatives: modular production process (flexible technology.