An information model based on classification theory
Article Abstract:
The Morphological Information Model of Instances and Concepts (MIMIC) is introduced. It is a formal information structuring model that is grounded on the discipline of cognition, taking the position that cognition should be considered a discipline since information systems represent knowledge about things in the real world. Motivated by a theory of classification, MIMIC involves constructs that reflect several key elements of classification based on the importance of classifying things to human survival. These constructs are instance, property, concept and composite. Formal implications of the model for research and practice in the development of information systems are derived. Techniques for testing these implications empirically against current modeling strategies are also proposed.
Publication Name: Management Science
Subject: Business, general
ISSN: 0025-1909
Year: 1996
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Contractual commitments, bargaining power, and governance inseparability: incorporating history into transaction cost theory
Article Abstract:
Transaction cost economics (TCE) theory is extended by taking into account two factors that produce governance inseparability. These are contractual commitments and changes in bargaining power. Long-term relations entered into by a firm necessitate contracts which are very costly to reverse. This restricts a firm's options in the future. Changes in bargaining power also limit a firm's flexibility. By incorporating governance inseparability into TCE, the use of the transaction as a unit of analysis is tempered and the effects of historical constraints captured.
Publication Name: Academy of Management Review
Subject: Business, general
ISSN: 0363-7425
Year: 1999
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Theory, trend and their limitations
Article Abstract:
A dialectic interpretation of theory, trend and limitations is presented through the example of retailing. Theory, which deals with reasons, is distinguished from trend, which deals with facts. Theory explains the why and trend reveals facts. Both, however, are not certainty. Theory is only a probability while a trend may change. By asking the why of a trend, theory may alert to the possibility of a change and may minimize many possible errors.
Publication Name: Journal of Business Forecasting
Subject: Business, general
ISSN: 0278-6087
Year: 1992
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