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Essays on Strategic Decision Making under Uncertainty

Lu, Shaohua
http://rave.ohiolink.edu/etdc/view?acc_num=osu1437747505

Abstract Details

2015, Doctor of Philosophy, Ohio State University, Business Administration.
This is a study of firm strategic decision making under uncertainty combining empirical examination with formal models. The resource-based theory (RBV) has established a causal relationship between competitive advantage and superior resources. Yet, future payoffs for deploying resources and implementing a certain product market strategy depend upon both a firm’s own resources and its competitors’ resources. The fundamental “competitive imperfection” assumption of RBV in the presence of strategic interactions indicates a prominent role of decision-makers, or “strategists”, in modifying the relationship between competitive advantage and superior resources. Disentangling mechanisms underlining firm decision making, this study formally demonstrates varying dynamics among firms of making strategic decisions in a variety of scenarios of uncertainty (imperfect information) and strategic interactions. The U.S. electric utility companies’ adoption of solar technology is used as a novel empirical setting for testing how firms respond to competitors’ strategic decisions under environmental uncertainty. The empirical examination provides support for predictions derived from the formal models. This study revives focus on the “strategist” in explaining performance differences, and helps determine more precise boundaries for theories of strategic decision making.
Jaideep Anand (Committee Chair)
Ashton Hawk (Committee Member)
Michael Leiblein (Committee Member)
Richard Makadok (Committee Member)
Business Administration

Recommended Citations

Citations

  • Lu, S. (2015). Essays on Strategic Decision Making under Uncertainty [Doctoral dissertation, Ohio State University]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=osu1437747505

    APA Style (7th edition)

  • Lu, Shaohua. Essays on Strategic Decision Making under Uncertainty. 2015. Ohio State University, Doctoral dissertation. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=osu1437747505.

    MLA Style (8th edition)

  • Lu, Shaohua. "Essays on Strategic Decision Making under Uncertainty." Doctoral dissertation, Ohio State University, 2015. http://rave.ohiolink.edu/etdc/view?acc_num=osu1437747505

    Chicago Manual of Style (17th edition)

osu1437747505
183
© 2015, some rights reserved.Creative Commons License Essays on Strategic Decision Making under Uncertainty by Shaohua Lu is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License. Based on a work at etd.ohiolink.edu.
This open access ETD is published by The Ohio State University and OhioLINK.