We empower faculty to design and discover original research that challenges conventions and creates breakthroughs that push boundaries of knowledge.
Publication Types
Journal Articles
Books
Working Papers
Case Studies
Browse Publications
Memory And Evaluation Effects In Competitive Advertising Environments
A laboratory experiment examined the effects of quantitative (i.e., number) and qualitative (i.e., valence) dimensions of competitive advertising on consumer memory and evaluations. Print ads were developed to elicit predominately either a…
Myopic Replenishment Policies for Inventory Models with History-Dependent Demand Distributions
This paper considers single-item, periodic review inventory systems with linear procurement, holding and shortage costs, and immediate delivery. Immediate stock disposal with a linear disposal fee may or may not be an option. The demand in each…
A Noncooperative Theory of Legislative Coalitions
Abstract not available.
Optimal Innovation of Futures Contracts
Optimality of Debt Contracts for Financial Intermediaries
We first prove that the debt contract is the optimal contract between entrepreneurs and arbitrary financial intermediaries in a model where the bank faces an endogenous bankruptcy penalty (as in Diamond (1984)) - the optimality for depositors has…
Out of Equilibrium Beliefs and Out of Equilibrium Behavior
Post-Entry Pricing and Vertical Integration in the Chemical Process Industries
This paper examines the magnitude of price changes following entry into markets for 30 undifferentiated chemical products. On average, prices fell by about 6% in years when entry occurred. Price cuts were roughly twice as deep when the entrant…
Predation, Monopolization, and Antitrust
Public Signals and the Equilibrium Allocation of Private Information
Abstract not available.
Simulated Moments Estimation of Markov Models of Asset Prices
This paper provides a simulated moments estimator (SME) of the parameters of dynamic models in which the state vector follows a time-homogeneous Markov process. Conditions are provided for both weak and strong consistency as well as asymptotic…
A Spatial Bargaining Theory of Government Formation in Parliamentary Systems
Abstract not available.
Stationary Markov Equilibria
We establish conditions under which there are equilibria (in various settings) described by ergodic Markov processes with a Borel state space S. Let P(S) denote the probability measures on S, and let s - G(s) C:P(S) be a (possibly empty-valued)…
Strategic Flexibility for High Technology Maneuvers: A Conceptual Framework
Strategic flexibility is proposed as an expedient capability for managing capricious settings, such as those confronted in technology-intensive arenas. This paper examines the historical evolution of the concept of flexibility and analyzes…
Strategic Inventories and the Excess Volatility of Production
Tariffs vs. Quotas with Implicit Collusion
The Expression of Emotion in Organizational Life
The Mochiai Effect: Japanese Corporate Cross-holdings
Abstract not available.
The More the Merrier? Social Psychological Aspects of Multi-Party Negotiations in Organizations
Abstract not available.
Theoretical Issues Concerning the History of International Trade and Economic Development
Abstract not available.