Does Strategic Ability Affect Efficiency? Evidence from Electricity Markets
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Date
2017-04-01
Journal Title
Journal ISSN
Volume Title
Publisher
Private Enterprise Research Center, Texas A&M University
Abstract
Even within the same market, firms vary across a number of dimension--structure, production capacity, market experience, and general core competency. If you go as far as to observe individual managers, you will find resumes with differing academic training and experience. It is easy to imagine how these differing backgrounds play a role in strategic decision making. In this study, the authors ask whether strategic ability affects efficienc
Description
PoliticalEconomy
Keywords
1701, strategic decision making, electricity markets, efficiency, PoliticalEconomy