Jean-Philippe Bonardi

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In deregulated industries former monopolies often adopt asymmetric behaviors: these firms impede the entry of foreign competitors in their home market, especially using defensive political strategies, and, at the same time, aggressively develop international strategies in foreign markets. To account for this behavior, I develop a game theoretic model(More)
Research on leadership in economics has developed in parallel to the literature in management and psychology and links between the fields have been sparse. Whereas modern leadership scholars mostly focus on transformational and related leadership styles, economists have mainly emphasized the role of contracts, control rights, and incentives. We argue that(More)
La verificación de la convergencia o no de regulaciones y leyes nacionales en el contexto de la globalización internacional, y la evaluación de este proceso, han sido objeto de una vasta literatura. Sin embargo, la aplicación específica a la regulación de servicios públicos ha recibido poca atención. Este documento propone un modelo simple que captura los(More)
Building on a framework that assesses the attractiveness of 'political markets' – where firms transact over public policies with government policy-makers – we develop hypotheses regarding the success or performance of firms' nonmarket strategies. We propose that the ability of firms to gain more favorable policy outcomes is increasing in the degree of(More)
Interest groups sometimes seek to attract broad public attention to their issues as a means to influence public policy decisions by political actors. How can business firms compete against this strategy? The purpose of this paper is to develop a theoretical framework to analyze the potential impact of nonmarket strategies on the formation of public opinion.(More)
The imitation of successful peers is often heralded as an intelligent shortcut to reduce individual learning costs. Using computer simulations, we demonstrate that this advice can be ill-founded and harmful in a cognitive inference task involving continuous learning. In particular, success-based imitators perform worse than both learners who integrate the(More)
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