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Self-Regulation and Government Oversight
Self-regulation is a feature of a number of professions. For example, in the U.S. the government delegates aspects of financial market regulation to self-regulatory organizations (SROs) like the New York Stock Exchange and the National…
Sell the Plant? The Impact of Contract Manufacturing on Innovation, Capacity, and Profitability
In the electronics industry and others, original equipment manufacturers (OEMs) are selling their production facilities to contract manufacturers (CMs). The CMs achieve high capacity utilization through pooling (supplying many different OEMs).…
Social Tuning of Automatic Racial Attitudes: The Role of Affiliative Motivation
Consistent with the affiliative social tuning hypothesis, this study showed that the desire to get along with another person shifted participants’ automatic attitudes toward the ostensible attitudes of that person. In Experiment 1, the automatic…
Strategic Activism and Nonmarket Strategy
Activist NGOs have increasingly foregone public politics and turned to private politics to change the practices of firms and industries. This paper focuses on private politics, activist strategies, and nonmarket strategies of targets. A formal…
Supply Auctions and Relational Contracts for Procurement
We examine the competition between procurement auctions and long-term relational contracts that emerges from the increased usage of electronic marketplaces. Procurement auctions create supply chain efficiencies by selecting the least costly…
Synchronization under Uncertainty
A decision maker needs to schedule several activities that take uncertain time to complete and are only valuable together. Some activities are bound to be finished earlier than others, thus incurring waiting costs. We show how to schedule…
Targeting Managerial Control: Evidence from Franchising
Franchisors simultaneously operate outlets under two distinct incentive schemes: franchising and company ownership. Using an extensive panel dataset, we show that experienced franchisors maintain a stable level of corporate ownership over…
Temporal Differences in the Role of Marketing Communication in New Product Categories
The authors investigate the changing role of marketing communication over the life cycle of a new product category. They postulate two effects of marketing communication on consumers’ choices: an “indirect effect” through reduction of uncertainty…
The Draw of Home: How Teachers' Preferences for Proximity Disadvantage Urban Schools
This paper explores a little-understood aspect of labor markets, their spatial geography. Using data from New York State, we find teacher labor markets to be geographically very small. Teachers express preferences to teach close to where they…
The Ecology of Entrepreneurship
The Effect of Stating Expectations on Customer Satisfaction and Shopping Experience
Customers expectations are key determinants of their consumption experiences, satisfaction, and loyalty. Therefore, knowing in advance what customers expect is critical for the success of marketing strategies. We examine alternative predictions…
The Impact of Unit Cost Reductions on Gross Profit: Increasing or Decreasing Returns?
When asked about the impact of unit manufacturing cost reductions on gross profit, many managers and academics assume that returns will be diminishing, i.e., that the first cent of unit cost reduction will generate more incremental gross profit…
The Pooling and Tranching of Securities: A Model of Informed Intermediation
I show that when an issuer has superior information about the value of its assets, it is better off selling assets separately rather than as a pool due to the information destruction effect of pooling. If, however, the…
The Ratings Game
The Relationship Between Export Assistance and Performance Improvement in Portuguese Export Ventures: An empirical Test of the Mediating Role of Pricing Strategy Adaptation.
Purpose – The article aims to test how pricing strategy adaptation to the foreign market mediates the relationship between export assistance and annual export performance improvement. It also aims to consider the effects of…
Two Roads to Updating Brand Personality Impressions
This research examines the dynamic process of inference updating. The authors present a framework that delineates two mechanisms that guide the updating of personality trait inferences about brands. The results of three experiments show that…
Two Roads to Updating Brand Personality Impressions: Trait versus Evaluative Inferencing
This research examines the dynamic process of inference updating. We present a framework that delineates two mechanisms that guide the updating of personality trait inferences about brands. The results of three experiments show that chronics (…
Understanding Firm, Physician and Consumer Choice Behavior in the Health Care Industry
This paper argues that the pharmaceutical industry represents an exciting opportunity to carry out academic research. The nature of the industry allows researchers to answer new questions, develop new methodologies for answering these questions…
Understanding Regulatory Fit
We focus on three critical areas of future research on regulatory fit. The first focuses on how regulatory orientation gets sustained. We argue that there are two distinct approaches that bring about the just right feeling: (1) process-based (…
Why Do Some Firms Give Stock Options To All Employees?: An Empirical Examination of Alternative Theories
Many firms issue stock options to all employees. We consider three potential economic justifications for this practice: providing incentives to employees, inducing employees to sort, and employee retention. We gather data from three sources on…