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Learning from Strategic Success and Failure
Organizations facing complex, ambiguous, and dynamic environments find adaptive learning a key to survival and success. This study proposes three models of organization response in such environments. 1) A model of how aspiration levels or goals…
Monitoring of Performance in Organizational Contracting: The Case of Defense Procurement
This paper presents an agency theoretic analysis of defense procurement contracts. In the model presented the government designs optimal linear compensation contracts for a risk-averse supplier in the presence of moral hazard, private…
Nuclear Weapons, Peace and the Security Dilemma: The Role of Cognitive Processes in Deterrence
For the past forty years, deterrence theory has played a central role in the evolution of U.S. nuclear strategy and national security policy. Proponents of deterrence point to the historical record to argue the theory “works”. Recent critiques of…
On Auditors and the Courts in an Adverse Selection Setting
We study the role an auditor plays in distinguishing among different bankruptcy-risk classes in a setting in which a lender cannot observe the bankruptcy probability of a borrower. The auditor strategically chooses her work intensity as well as…
On DGM and DCS on NBD
The authors have provided an excellent and readable review of the Negative Binominal Distribution (NBD) model and how various violations of its assumptions may impact inferences which may be drawn from the model. They provide a theory of the…
Pluralistic Ignorance: When Similarity Is Interpreted as Dissimilarity
Pluralistic ignorance occurs when individuals infer that the identical actions of the self and others reflect different internal states. We propose that pluralistic ignorance arises most commonly in contexts where individuals believe that fear of…
Predation, Mergers, and Incomplete Information
Prediction, Understanding, and Control as Antidotes to Organizational Stress
Procurement Contracting: Efficiency, Renegotiation and Performance Evaluation
Abstract not available.
Rational Learning and Rational Expectations
Reputation in the Simultaneous Play of Multiple Opponents
Revolutionary Visions of Injustice: Damning the Past, Excusing the Present, and Neglecting the Future
No additional information is available at this time.
Routinized Choice Behavior, Brand Commitment, and Consumer Response to Promotions
Abstract not available.
Selling and Trading on Information in Financial Markets
Abstract not available.
Shaping the Organizational Context for Black American Inclusion
Recent gains in black occupational status, importantly aided by such programs as affirmative action, have created new interracial job situations throughout American society. This paper reviews the problems that arise at the recruitment, entry,…
Signaling Games and Stable Equilibria
Specification and Estimation of Intertemporal Asset Pricing Models
Abstract not available.
Stock Dividends, Stock Splits and Signalling
Abstract not available.