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Old Dogs and New Tricks: Determinants of the Adoption of Productivity-Enhancing Work Practices
A LARGE BODY of theoretical research in economics models firms’ choices of employment practices. For example, a number of studies model the choice of compensation practices, such as profit sharing, efficiency wages, piece rates, team rewards, or…
Opportunities for Improved Statistical Process Control
Our Bayesian dynamic programming model builds on existing models to account for inspection delay, choice of keeping production going during inspection and/or restoration, and lot sizing. We focus on describing how dynamic statistical process…
Organizational Culture, Rituals and Taboos
Organizational culture is embedded in the everyday working lives of all cultural members. Manifestations of cultures in organizations include formal practices (such as pay levels, structure of the hierarchy, job descriptions, and other…
Organizational evolution in multinational context
We examine the entries of firms into the automobile manufacturing industry in Europe from 1886 through 1981. We replicate and compare estimates of the basic model of density-dependent legitimation and competition for Belgium, Britain, France,…
Overt Interfunctional Conflict
We study why production and sales departments tend to disagree, with the former wanting long production runs and the latter wanting a broad product line. We then analyze why these disagreements lead to overt conflict in which functional areas…
Perceiving Competitive Reactions: The Value of Accuracy (and Paranoia)
An assumption of much of the literature in marketing strategy is that firm accurately knows the nature of its interaction with competitors. This study examines this assumption, and explores the relationship between firm performance and accuracy…
Person Perception in the Heat of Conflict: Attributions About the Opponent and Conflict Resolution Preferences in Two Cultures
Procedural justice researchers have modeled decisions among conflict resolution procedures in terms of a disputant’s perceptions—the perception that a procedure is favorable and also that it is fair, that it offers control, and that it reduces…
Power, paranoia and distrust in organizations: The distorted view from the top
Preference Reversals Between Consumer Choices and Ratings of Purchase Likelihood
We propose that consumers’ preferences for brands are systematically affected by whether they make direct choices between the brands or rate them separately in terms of purchase likelihood. Specifically, preference reversals are expected such…
Regulating Bypass
This paper examines optimal regulatory response to a customer considering bypass: service from an unregulated, fringe supplier. Bypass is costly to a regulator concerned with the allocation of a franchise monopoly’s revenues among consumers. I…
Resources and Relationships: Social Networks, Mobility, and Satisfaction in the Workplace
This paper examines how the structure and content of individuals’ networks on the job affect intraorganizational mobility and work-related satisfaction. Consistent with prior research, we find that mobility is enhanced by having large, dense…
Status, Ideology, and Integrative Complexity on the U.S. Supreme Court: Rethinking the Politics of Political Decision Making
Prior studies of integrative complexity indicate that political conservatives tend to interpret policy issues in less complex ways than do liberals and moderates. However, ideological preference in that work was systematically confounded with…
Strategic Dissonance
Firms in high-technology industries frequently face the dangers and opportunities associated with strategic inflection points in their development trajectory. Strategic inflection points (SIPs) are caused by changes in fundamental industry…
Suboptimal Policies, with Bounds, for Parameter Adaptive Decision Processes
A parameter adaptive decision process is a sequential decision process where some parameter or parameter set impacting the rewards and/or transitions of the process is not known with certainty. Signals from the performance of the system can be…
Surprising Robustness of the Self-Explicated Approach to Customer Preference Structure Measurement
Customized Conjoint Analysis combines self-explicated preference structure measurement with traditional full-profile conjoint analysis. The more important attributes for each respondent are first identified by the self-explicated approach. Full…
The Allocation of Control Rights in Venture Capital Contracts
Venture Capitalists hold extensive control rights over entrepreneurial companies, including the right to fire the entrepreneurs with little severance. I examine why, and under what circumstances, entrepreneurs would voluntarily choose to…
The CEO, the Board of Directors and Executive Compensation: Economic and Psychological Perspectives
How do boards of directors of large US corporations set the compensation levels for chief executive officers (CEOs)? Economic theories are based on the presumption that an independent board of directors will safeguard shareholders’ interests and…
The Distinctiveness Effect in Social Categorization: You Are What Makes You Unusual
Three studies tested the hypothesis that people assume that the identities of other people are tied more closely to their distinctive than to their nondistinctive traits. In Studies 1 and 3, subjects predicted the preferences of a target person…
The Effect of Choice Set Composition on Consumer Response To Sales Promotions
Recent research suggests that the response to sales promotion depends on the price-quality tier of the promoting brand, with high-tier brands tending to gain more share than lower-tier brands (e.g., Blattberg and Wisniewski 1989) We examine the…
The Effect of New Product Features on Brand Choice
Companies often introduce new product features in order to differentiate their brands and gain a competitive advantage. In this research we investigate factors that moderates the impact of a new feature on brand choice. Building on two…