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Linking social systems failure of marriages and firms: A short note

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dc.contributor.author Padhi, Sidhartha S.
dc.contributor.author Zangera, Ingmar
dc.contributor.author Wagnera, Stephan M.
dc.date.accessioned 2017-02-16T12:14:54Z
dc.date.available 2017-02-16T12:14:54Z
dc.date.issued 2016
dc.identifier.uri http://hdl.handle.net/2259/918
dc.description 2444-569X/© 2017 Journal of Innovation & Knowledge. Published by Elsevier en_US
dc.description.abstract This study investigates the failure of social systems and tries to find a plausible mechanism. We observe stretched exponential distributions for failure of marriages in the U.S., UK, and Germany and extend evidence for power laws in large firms’ failure in the U.S., and worldwide. Since summation of stretched exponentials leads to power laws, one can establish an underlying principle to link different types of social systems failure like marriages and firms. Moreover, we postulate the generation of these fat-tailed distributions in social systems failure can be explained by the least effort principle of Zipf and suggest to increase initial efforts at individual level through marriage counseling, or stakeholder synchronization to reduce failures. en_US
dc.language.iso en en_US
dc.publisher Elsevier: Journal of Innovation and Knowledge en_US
dc.subject Firm failure en_US
dc.subject Organizational failure en_US
dc.subject Divorce en_US
dc.subject Power laws en_US
dc.subject Stretched exponential distribution en_US
dc.title Linking social systems failure of marriages and firms: A short note en_US
dc.type Article en_US

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  • Journal Articles [6]
    This collection consists of published and unpublished articles of IIMK Community.

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