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Size, Differentiation and the Performance of Dutch Daily Newspapers
We demonstrate how organizational ecology can contribute to strategic management and managerial practice by using resource-partitioning theory to make predictions with respect to: (i) the short-run performance (i.e. growth and profitability)…
Stanford's Experience with Managed Competition
Stanford University has a “managed competition” model of health insurance. Stanford contributes the cost of the low-cost plan, and employees are responsible for premium differences between this plan and other offerings. Each employee gets what he…
Stock Price, Earnings and Book Value in Managerial Performance Measures
This paper develops a multiperiod principal-agent model in which a manager must be given incentives to undertake investments and to exert personally costly effort. Investments are soft (e.g., intangible assets) and therefore entail measurement…
Store Wars: The Enactment and Repeal of Anti-Chain Store Legislation in America
Competition between organizational forms manifests itself in political contention over the law. The authors analyze the political strength and organization of the groups that supported and opposed state anti-chain-store laws. The enactment of…
Strategic Trading, Liquidity and Information Acquisition
We study endogenous liquidity trading in a market with long-lived asymmetric information. We distinguish between public information, tractable information that can be acquired, and intractable information that cannot be acquired. Besides…
Subjective Reasoning - Games with Unawareness
The subjective framework for reasoning is extended to incorporate the representation of unawareness in games. Both unawareness of actions and decision makers are modeled as well as reasoning about others’ unawareness. It is shown that a small…
Supply Chain Performance Measures
Every CEO must always be concerned with the competition. In today’s economy the battlefield is shifting from individual company performance to what we call Supply Chain Performance. Supply Chain Performance refers to the extended supply chain’s…
Testing Theories of Lawmaking
Abstract not available.
The Business School "Business": Some Lessons From The U.S. Experience
U.S. business schools dominate the business school landscape, particularly for the MBA degree. This fact has caused schools in other countries to imitate the U.S. schools as a model for business education. But U.S. business schools face a number…
The Empirical Content of Adaptive Models
Models with adaptive agents have become increasingly popular in computational sociology (e.g. Macy 1991, Macy and Flache 2002). In this paper we show that at least two important kinds of such models lack empirical content. In the first type…
The Exaggerated Perception of Conspiracy: Leader Paranoia as Adaptive Cognition
The Highest Goal: the Secret That Sustains You in Every Moment
Through 25 years of teaching Stanford University’s famed Personal Creativity in Business course, Michael Ray discovered that people who move beyond ordinary success and achievement have a secret: They live for a “highest goal” that drives them to…
The Imperatives of Identity: The Role of Identity in Leader Judgment and Decision Making
The Influence of Analysts, Institutional Investors and Insiders on the Incorporation of Market, Industry and Firm-specific Information into Stock Prices
The Modern Firm: Organizational Design for Performance and Growth
Business firms around the world are experimenting with new organizational designs, changing their formal architectures, their routines and processes, and their corporate cultures as they seek to improve their current performance and their growth…
The Organizational Demography of Racial Employment Segregation
This article examines how workers respond to changes in the racial composition of their workplaces. An analysis of the job histories of new hires into multiple work groups within a single firm reveals path dependence in the effects of group…
The Peter Principle: A Theory of Decline
Some have observed that individuals perform worse after being promoted. The Peter principle, which states that people are promoted to their level of incompetence, suggests that something is fundamentally misaligned in the promotion process. This…
The Psychology of Leadership
The Psychology of Leadership: New Approaches
In this book, some of the world’s leading scholars come together to describe their thinking and research on the topic of the psychology of leadership. Most of the chapters were originally presented as papers at a research conference held in…
The Red Queen: History-Dependent Competition Among Organizations
We argue that competition among organizations is history-dependent, so that each organization’s competitiveness at a given point in time hinges on the organization’s historical experience leading up to that point. Specifically, we summarize the…