Joint venture’s dynamic stability with application to the Renault--Nissan alliance
Contributions to game theory and management, Tome 7 (2014), pp. 415-427.

Voir la notice de l'article provenant de la source Math-Net.Ru

The cooperative dynamic stochastic multistage game of joint venture is considered. We suggest a payoff distribution procedure (PDP), which defines a time consistent imputation. Based on the results obtained, we conduct a retrospective analysis of dynamic stability of the Renault–Nissan alliance. It is shown that partners within the alliance have divided their cooperative payoffs according to the suggested PDP.
Keywords: strategic alliance, joint venture, dynamic stochastic cooperative games, dynamic stability, normalized share.
@article{CGTM_2014_7_a36,
     author = {Nikolay A. Zenkevich and Anastasia F. Koroleva},
     title = {Joint venture{\textquoteright}s dynamic stability with application to the {Renault--Nissan} alliance},
     journal = {Contributions to game theory and management},
     pages = {415--427},
     publisher = {mathdoc},
     volume = {7},
     year = {2014},
     language = {en},
     url = {http://geodesic.mathdoc.fr/item/CGTM_2014_7_a36/}
}
TY  - JOUR
AU  - Nikolay A. Zenkevich
AU  - Anastasia F. Koroleva
TI  - Joint venture’s dynamic stability with application to the Renault--Nissan alliance
JO  - Contributions to game theory and management
PY  - 2014
SP  - 415
EP  - 427
VL  - 7
PB  - mathdoc
UR  - http://geodesic.mathdoc.fr/item/CGTM_2014_7_a36/
LA  - en
ID  - CGTM_2014_7_a36
ER  - 
%0 Journal Article
%A Nikolay A. Zenkevich
%A Anastasia F. Koroleva
%T Joint venture’s dynamic stability with application to the Renault--Nissan alliance
%J Contributions to game theory and management
%D 2014
%P 415-427
%V 7
%I mathdoc
%U http://geodesic.mathdoc.fr/item/CGTM_2014_7_a36/
%G en
%F CGTM_2014_7_a36
Nikolay A. Zenkevich; Anastasia F. Koroleva. Joint venture’s dynamic stability with application to the Renault--Nissan alliance. Contributions to game theory and management, Tome 7 (2014), pp. 415-427. http://geodesic.mathdoc.fr/item/CGTM_2014_7_a36/

[1] Barringer B., Harrison J., “Walking a tightrope: creating value through interorganizational relationships”, JOM, 26:3 (2000), 767–403

[2] Bucklin L., Segupta S., “Organizing successful co-marketing alliances”, JM, 57:2 (1993), 32–46

[3] Das T. K., Teng B., “Instabilities of strategic alliances: an internal tensions perspective”, Organization Science, 11:7 (2000), 77–101 | DOI

[4] De Rond M., Bouchikhi H., “On the dialectics of strategic alliances”, Organization Science, 15:1 (2004), 56–69 | DOI

[5] Deitz G. D., Tokman M., Richey R. G. et. al., “Venture stability and cooperation: Direct, indirect and contingent effects of resource complementarity and trust”, IMM, 39:5 (2010), 862–873

[6] Dyer J. H., Kale P., Singh H., “TSplitting the pie: rent distribution in alliances and networks”, MDE, 29 (2008), 137–148

[7] Gill J., Butler R. J., “Managing instability in cross-cultural alliances”, LRP, 36 (2003), 543–563

[8] Inkpen A., Beamish P., “Knowledge, bargaining power, and the instability of international joint ventures”, AMR, 22:1 (1997), 177–202

[9] Jiang X., Li Y., Shanxing G., “The stability of strategic alliances: Characteristics, factors and stages”, JIM, 14 (2008), 173–189

[10] Kale P., Singh H., Managing strategic alliances: What do we know know and where do we go from here?, AMP, 23:3 (2009), 45–62 | DOI

[11] Kumar M. V. S., “Are joint ventures positive sum games? The relative effects of cooperative and noncooperative behavior”, SMJ, 32:1 (2011), 32–54

[12] Meschi P. X., Wassmer U., “The effect of foreign partner network embeddedness on international joint venture failure: Evidence from European firms' investments in emerging economies”, Int. Bus. Rev., 22:4 (2013), 713–724 | DOI

[13] Petrosjan L. A., “Cooperative stochastic games”, Advances in dynamic games, v. 3, Annals of the international society of dynamic games, application to economics, engineering and environmental management, 8, eds. Haurie A., Muto S., Petrosjan L. A., Raghavan T. E. S., Birkhauser, Boston, 2006, 139–146 | DOI | MR

[14] Petrosjan L. A., Baranova E. M., Shevkoplyas E. V., “Multistage cooperative games with random duration”, Transactions of the Institute of Mathematics of the Russian Academy of Sci., 10:2 (2004), 116–130 (in Russian) | MR

[15] Smith K. S. Carroll, Ashford S., “Intra- and interorganizational cooperation: Toward a research agenda”, AMJ, 38:1 (1995), 7–23 | DOI

[16] Styles C., Hersch L., “Executive insights: Relationship formation in international joint ventures: insights from Australian-Malaysian international joint ventures”, JIM, 13:3 (2005), 105–134 | DOI

[17] Zenkevich N. A., Petrosjan L. A., Yeung D. W. K., Dynamic games and management applications, Graduate School of Management, Saint-Petersburg, 2009 (in Russian)

[18] Nissan company official website http://www.nissan-global.com/EN/index.html

[19] Renault official website http://www.renault.com/en/pages/home.aspx