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The Time vs. Money Effect: Shifting Product Attitudes and Decisions through Personal Connection
The results of five field and laboratory experiments reveal a time vs. money effect whereby activating time (vs. money) leads to a favorable shift in product attitudes and decisions. Because time increases focus on product experience, activating…
The Wall Street Walk and Shareholder Activism: Exit as a Form of Voice
We examine whether a large shareholder can alleviate conflicts of interest between managers and shareholders through the credible threat of exit on the basis of private information. In our model, the threat of exit often reduces agency costs, but…
The effects of minority/majority source status on attitude certainty: A matching perspective
Building on recent work exploring metacognitive factors in minority/majority influence, three studies tested the hypothesis that when people receive persuasive messages from sources in the minority or majority, their attitude certainty can be…
Trust as an Ought: From Calculation to Duty
Trust-Building in Intergroup Negotiations: Challenges and Opportunities for Creative Leaders
Typecasting and Legitimation: A Formal Theory
We develop a unifying framework to integrate two of organizational sociology’s theory fragments on categorization: typecasting and form emergence. Typecasting is a producer-level theory that considers the consequences producers face for…
When Is Happiness About How Much You Earn? The Effect of Hourly Payment on the Money-Happiness Connection
We argue that the strength of the relationship between income and happiness can be influenced by exposure to organizational practices, such as being paid by the hour, that promote an economic evaluation of time use. Using cross-sectional data…
Why Do People Give? The Role of Identity in Giving
Why do people give to others? One principal driver involves ones identity: who one is and how they view themselves. The degree to which identities are malleable, involve a readiness to act, and help make sense of the world have significant…
Why Do People Give? The Role of Identity in Giving
Why do people give to others? One principal driver involves one’s identity: who one is and how they view themselves. The degree to which identities are malleable, involve a readiness to act, and help make sense of the world have significant…
A rigorous analysis of the cavity equations for the minimum spanning tree
We analyze a new general representation for the Minimum Weight Steiner Tree (MST) problem which translates the topological connectivity constraint into a set of local conditions which can be analyzed by the so called cavity equations techniques.…
The perceived informational basis of attitudes: Implications for subjective ambivalence
Three studies tested the hypothesis that when people receive persuasive messages, their perceptions of the information on which they base their attitudes can determine feelings of subjective ambivalence. Across studies, it is shown that when…
The Whose, Where and How of Inventory Control Design
Most companies have more freedom than they imagine to organize their supply chains for maximum efficiency. By rethinking inventory control in terms of who owns the inventory at any point, where it should be located, and who controls it, managers…
Asymmetric Social Interactions in Physician Prescription Behavior: The Role of Opinion Leaders
We quantify the impact of social interactions and peer effects in the context of prescription choices by physicians. Using detailed individual-level prescription data, along with self-reported social network information, we document that…
Business Benefits to HP Suppliers from Responsible Practices in China
In recent years, the electronics industry has made important improvements in social and environmental responsibility (SER) conformance among first-tier suppliers, due in part to the standardization of SER practices set forth in the Electronics…
Circles, Squares, and Choice: The Effect of Shape Arrays on Uniqueness and Variety Seeking
Five experiments demonstrate that exposure to novel visual stimulus arrays of geometric shapes affects consumers’ real choices among products. The authors first demonstrate that exposure to variety arrays (arrays of differing shapes) increases…
Modeling Social Interactions: Identification, Empirical Methods and Policy Implications
Social interactions occur when agents in a network affect other agents’ choices directly, as opposed to via the intermediation of markets. The study of such interactions and the resultant outcomes has long been an area of interest across a wide…
Team Negotiation: Social, Epistemic, Economic, and Psychological Consequences of Subgroup Conflict
Large collectives (e.g., organizations, political parties, nations) are seldom unitary players. Rather, they consist of different subgroups that often have conflicting interests. Nonetheless, negotiation research consistently regards…
The Making of an Investment Banker: Stock Market Shocks, Career Choice, and Lifetime Income
I show that stock market shocks have important and lasting effects on the careers of MBAs. Stock market conditions while MBA students are in school have a large effect on whether they go directly to Wall Street upon graduation. Further, starting…
Defining Racism Safely: The Role of Self-Image Maintenance on White Americans' Conceptions of Racism
We suggest that the need to maintain a positive self-image motivates White Americans to conceive of racism as a phenomenon rooted in individuals instead of…
Does Earnings Management Affect Firms' Investment Decisions?
This paper examines whether firms manipulating their reported financial results make suboptimal investment decisions. We examine fixed asset investments for a large sample of public companies during the 1978-2002 period and document that firms…