This enterprise was an important actor in the emergence of modern business enterprise in the new state of the Republic of Turkey from the s. After World War II it diversifi rapidly forming part of a cluster of business groups that dominat the Turkish economy alongside state own firms. This study shows how the founder of the Group Vehbi Koç formulat his business model and analyzes how his firm evolv into a diversifi business group.
The research supports prevailing
Explanations of business groups which identify the role of institutional voids government policies and contact capabilities but it also builds on and extends earlier suggestions in both the management and business history literatures that entrepreneurship nes incorporating Cameroon Email List more strongly as an explanatory factor. This working paper argues that Koç act as both a Kirznerian and his business group both in its formative stages and later in its subsequent growth into a diversifi group. Download working paper http papers.ssrn sol papers.cfm abstract id Optimal Aggregation of Consumer Ratings An Application to Yelp pdf By Dai Weijia Ginger Jin Jungmin Lee and Michael Luca ABSTRACT—Consumer review websites leverage the wisdom of the crowd with each product being review many times some with more than reviews.
Because of this the way in which
Information is aggregat is a central decision fac by consumer review websites. Given a set of reviews what is the optimal way to construct an average rating We offer UAE Phone Number a structural approach to answering this question allowing for reviewers to vary in stringency and accuracy reviewers to be influenc by existing reviews and product quality to change over time. Applying this approach to restaurant reviews from Yelp we construct optimal ratings for all restaurants and compare them to the arithmetic averages display by Yelp.
