Publications

Political parties are prominent in legislative politics and legislative research. Using data from the 99th Congress, this article assesses the degree to which significant party behaviour – defined and operationalized as behaviour that is…

The Fremont, California, City Council placed a measure on the June 1989 ballot asking residents whether a tax should be levied to pay for child-care services. It was the nation’s first city election ever held on the issue, and it brought the…

Software contracting is a multi-faceted issue that involves legal, economic, managerial, and technological considerations. To better understand the economic aspect of software contracting, this paper provides a summary review of software…

This paper examines whether market participants implicitly assign different coefficients to pension cost components when determining security prices. The major findings are: (1) The pension cost components’ coefficients generally differ from one…

The authors determine the multiple effects of retail promotions on brand loyal and brand switching segments of consumers. Segments are determined by an iterative Bayesian procedure. The variations in within-segment…

This article links institutional and impression management perspectives in a process model of how controversial and possibly unlawful actions of members of organizations can lead to endorsement and support from key constituencies. This model is…

We analyze single parameter process design problems that typically entail minimizing the sum of convex and concave functions. We transform such problems into a tractable form, and obtain sharp characterizations of the original problem. Solution…

In this paper we examine the determinants of a firm’s level of voluntary disclosure. As a comprehensive measure of a firm’s disclosure level, we use analysts’ evaluations of firms’ disclosures as reported in the Financial Analysts Federation…

This paper explains a puzzle created by the S&P 500 cash and futures prices during the crash of October 1987. The cash index appears to be a moving average of the futures, but nontrading in constituent stocks explains only the initial period…

Firms often concentrate on a narrow range of activities and claim to forego other, apparently profitable, opportunities. This pursuit of narrow strategies is applauded by some academics who study strategic management. We present two related…

In this paper we prove that any strategy in any evolutionary game may result in four different types of evolutionary stability. We formulate and prove necessary and sufficient conditions for all four types of stability. We argue that only two of…

Consumer choice is often influenced by the context, defined by the set of alternatives under consideration. Two hypotheses about the effect of context on choice are proposed. The first hypothesis, tradeoff contrast, states that the tendency to…

This paper examines the set of outcomes sustainable by a leader with the power to make suggestions in games. By acting as focal points, these suggestions are important even if players can communicate and form coalitions. For finite-horizon…