Full Text:   <3157>

CLC number: F27

On-line Access: 

Received: 2006-03-29

Revision Accepted: 2006-08-23

Crosschecked: 0000-00-00

Cited: 1

Clicked: 5855

Citations:  Bibtex RefMan EndNote GB/T7714

-   Go to

Article info.
Open peer comments

Journal of Zhejiang University SCIENCE A 2006 Vol.7 No.12 P.1995-2001

http://doi.org/10.1631/jzus.2006.A1995


Analysis on stability of strategic alliance: A game theory perspective


Author(s):  CHEN Fei-qiong, FAN Liang-cong

Affiliation(s):  School of Economics, Zhejiang University, Hangzhou 310027, China

Corresponding email(s):   ecchenfq@dial.zju.edu.cn

Key Words:  Strategic alliance, Stability, Game theory, Stable solution


CHEN Fei-qiong, FAN Liang-cong. Analysis on stability of strategic alliance: A game theory perspective[J]. Journal of Zhejiang University Science A, 2006, 7(12): 1995-2001.

@article{title="Analysis on stability of strategic alliance: A game theory perspective",
author="CHEN Fei-qiong, FAN Liang-cong",
journal="Journal of Zhejiang University Science A",
volume="7",
number="12",
pages="1995-2001",
year="2006",
publisher="Zhejiang University Press & Springer",
doi="10.1631/jzus.2006.A1995"
}

%0 Journal Article
%T Analysis on stability of strategic alliance: A game theory perspective
%A CHEN Fei-qiong
%A FAN Liang-cong
%J Journal of Zhejiang University SCIENCE A
%V 7
%N 12
%P 1995-2001
%@ 1673-565X
%D 2006
%I Zhejiang University Press & Springer
%DOI 10.1631/jzus.2006.A1995

TY - JOUR
T1 - Analysis on stability of strategic alliance: A game theory perspective
A1 - CHEN Fei-qiong
A1 - FAN Liang-cong
J0 - Journal of Zhejiang University Science A
VL - 7
IS - 12
SP - 1995
EP - 2001
%@ 1673-565X
Y1 - 2006
PB - Zhejiang University Press & Springer
ER -
DOI - 10.1631/jzus.2006.A1995


Abstract: 
strategic alliance has suffered much instabilities since its first implementation. Scholars have carried out many embedded, precise and comprehensive researches from both theory and empiricism. Here we try to find certain stable solutions by employing game theory, in an attempt to construct theoretical bases for strategic alliance, which people called “one of the most important organizational innovation in the end of the 20th century” (Shi, 2001), to exploit its advantages in the process of globalization. Finally, this article puts forward some advices for its success.

Darkslateblue:Affiliate; Royal Blue:Author; Turquoise:Article

Reference

[1] Axelrod, R., 1984. The Evolution of Cooperation. People’s Press, Shanghai (Translation in Chinese).

[2] Chen, D.G., 2000. Inter-firms strategic alliance: A brand-new development mode of firms. Research on Economics and Management, 2:32-35 (in Chinese).

[3] Das, T.K., Teng, B.S., 2000. Instabilities of strategic alliances: An internal tensions perspective. Organization Science, 11(1):77-101.

[4] Dollinger, M.J., Golden, P.A., Saxton, T., 1997. The effect of reputation on the decision to joint venture. Strategic Management Journal, 18(2):127-140.

[5] Doz, Y.L., 1996. The evolution of cooperation in strategic alliances: Initial conditions or learning processes? Strategic Management Journal, 17(Special issue: Evolutionary perspectives on strategy):55-83.

[6] Evans, R., Thomas, J.P., 2001. Cooperation and punishment. Econometrica, 69(4):1061-1075.

[7] Heide, J.B., Miner, A.S., 1992. The shadow of the future: Effects of anticipation and frequency of contact on buyer-seller cooperation. The Academy of Management Journal, 35(2):265-291.

[8] Hill, C.W.L., 1990. Cooperation, opportunism, and the invisible hand: Implications for transaction cost theory. The Academy of Management Review, 15(3):500-513.

[9] Inkpen, A.C., Beamish, P.W., 1997. Knowledge, bargaining power, and the instability of international joint venture. The Academy of Management Review, 22(1):177-202.

[10] Jiang, G.P., 2001. An analysis on the reasons of high failure rate of inter-firm strategic alliance and its success path. Modern Finance and Economics, 1:58-60 (in Chinese).

[11] Khanna, T., Gulati, R., Nohria, N., 1998. The dynamics of learning alliances: Competition, cooperation and relative scope. Strategic Management Journal, 19(3):193-210.

[12] Macneil, I.R., 1974. The many future of contracts. South California Law Review, 47:691-816.

[13] Parkhe, A., 1993. Strategic alliance structuring: A game theory and transaction cost examination of inter-firm cooperation. The Academy of Management Review, 36(4):794-829.

[14] Porter, M.E., 1980. Competitive Strategy: Techniques for Analyzing Industries and Competitors. Huaxia Press, Beijing (Translation in Chinese).

[15] Porter, M.E., 1985. Competitive Advantage: Creating and Sustaining Superior Performance. Huaxia Press, Beijing (Translation in Chinese).

[16] Porter, M.E., 1990. A Competitive Advantage of Nations. Huaxia Press, Beijing (Translation in Chinese).

[17] Richards, D., 2001. Reciprocity and shared knowledge structures in the prisoner’s dilemma game. The Journal of Conflict Resolution, 45(5):621-635.

[18] Shi, Z.Z., 2001. Inter-firms Strategic Alliance. Shanghai University of Finance and Economics Press, Shanghai (in Chinese).

[19] Williamson, O.E., 1985. The Economic Institutions of Capitalism. Business Press, Beijing (Translation in Chinese).

[20] Yan, A., Gray, B., 1994. Bargaining power, management control, and performance in united states-china joint ventures: A comparative case study. The Academy of Management Journal, 37(6):1478-1517.

[21] Zhang, W.Y., 2001. Game Theory and Economics of Information. Sanlian Joint Publishing Company, Shanghai (in Chinese).

Open peer comments: Debate/Discuss/Question/Opinion

<1>

Please provide your name, email address and a comment





Journal of Zhejiang University-SCIENCE, 38 Zheda Road, Hangzhou 310027, China
Tel: +86-571-87952783; E-mail: cjzhang@zju.edu.cn
Copyright © 2000 - 2024 Journal of Zhejiang University-SCIENCE