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Economics and Electronic Commerce
Educational Production
Classroom education has public good aspects. The technology is such that when one student disrupts the class, learning is reduced for all other students. A disruption model of educational production is presented. It is shown that optimal class…
Export Assistance, Price Adaptation to the Foreign Market, and Annual Export Performance Improvement: A Structural Model Examination
The increasing amount of export assistance provided to firms of rich and poor countries, shows the high priority given by national and international policy makers to the encouragement of international trade. Despite this, relatively few…
Fighting the War for Talent is Hazardous to Your Organization's Health
Because we live in an economy in which all work is becoming knowledge work and in which intellectual capital is important for company success and, indeed, its value in the capital markets, there is an assumption that the company with the best…
Financial Market Rates and Flows (6th edition)
This book provides a conceptual basis about interest rates, how they behave with changing market conditions, and how risk can be managed. We are concerned not only with primary securities, like Treasury and corporate bonds, but with derivative…
For Charities, Performance is the New Ethic
Golden rules and leaden worlds: Exploring the limitations of Tit-for-Tat as a social decision rule
Heavy Traffic Analysis of Dynamic Cyclic Policies: A Unified Treatment of the Single Machine Scheduling Problem
This paper examines how setups, due dates, and the mix of standardized and customized products affect the scheduling of a single machine operating in a dynamic and stochastic environment. We restrict ourselves to the class of dynamic cyclic…
Identity and trust within organizations: One anatomy of a productive but problematic relation
Inflation and Price Setting in a Natural Experiment
We analyze the behavior of price setters in Poland during transition from a planned to a market economy, using a large disaggregated data set. The size of price changes and the frequency of adjustment both fall as the inflation rate declines.…
Institutionalism as a Methodology
We provide a definition of institutionalism and a schematic account that distinguishes between institutional theories (in which institutions are exogenous) and theories of institutions (in which some, but necessarily not all, institutions are…
Is Disinflation Good for the Stock Market?
When countries attempt to stabilize annual inflation rates that are greater than 40 percent, the domestic stock market appreciates by 24 percent on average. The present value of the long-run benefits to shareholders of reducing high inflation…
Long-Run Stock Returns Following Bond Rating Changes
Management Science in Marketing: Prehistory, Origin, and Early Years of the INFORMS Marketing College
Marktwerking is selectiewerk: Van populatie-ecologie naar organisatiedemografie
Measuring Herding and Exaggeration by Equity Analysts and Other Opinion Sellers
Firms and individuals who sell opinions may bias their reports for either behavioral or strategic reasons. This paper proposes a methodology for measuring these biases, particularly whether opinion producers under or over emphasize their private…
Middle-Status Conformity: Theoretical Restatement and Empirical Demonstration in Two Markets
A longstanding sociological conjecture predicts that conformity is high in the middle and low at either end of a status order. Despite the intuitive pull of this idea, it has encountered both theoretical and empirical difficulties. This paper…
Midwest Gasoline Pricing and the Spring 2000 Price Spike
Abstract not available.