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Keywords: Game theory
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Journal Articles
Journal of Family Business Management (2024) 14 (4): 829–847.
Published: 21 November 2023
... standards for family firm management and continuity. Pioneering the use of game theory and adverse selection setups in family business governance, this research uncovers FP determinants. Design/methodology/approach This research employs game theory and adverse selection setups to delve...
Journal Articles
Journal of Family Business Management (2023) 13 (2): 356–372.
Published: 13 April 2022
... and on the expected outcomes for the firm. The successor selection process is treated as a strategic decision process characterized by the interdependence of the plans of action of the founder and potential successors. We therefore resort to game-theory as our theoretical background. True to this, we describe...
