Why Are Bad Products So Hard to Kill?

It is puzzling that firms often continue to invest in product development projects when they should know that demand will be low. We argue that bad products are hard to kill because firms face an inherent conflict when designing managers' incentives. Rewarding success encourages managers to for...

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Bibliographic Details
Main Authors: Simester, Duncan, Zhang, Juanjuan
Other Authors: Sloan School of Management
Format: Article
Language:en_US
Published: Institute for Operations Research and the Management Sciences (INFORMS) 2012
Online Access:http://hdl.handle.net/1721.1/75791
https://orcid.org/0000-0003-2758-0116
https://orcid.org/0000-0002-1635-3797