Publications

We empower faculty to design and discover original research that challenges conventions and creates breakthroughs that push boundaries of knowledge.

Publication Types

Journal Articles

View peer-reviewed research by Stanford GSB faculty, published in leading journals across the business disciplines.

Books

View books written or edited by Stanford GSB faculty, from textbooks to books for a wider audience.

Working Papers

View scholarly works-in-progress by Stanford GSB faculty, which often appear in final form in academic journals.

Case Studies

View abstract and ordering information for case studies written and published by faculty at Stanford GSB.

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Journal Article

Skill versus Voice in Local Development

Katherine Casey, Rachel Glennerster, Edward Miguel, Maarten Voors
Review of Economics and Statistics March2023 Vol. 105 Issue 2 Pages 311–326.

Where the state is weak, traditional authorities control the local provision of public goods. These leaders come from an older, less educated generation and often rule in an authoritarian and exclusionary fashion. This means the skills of…

Book

Strategy-Making and Organizational Evolution

Robert A. Burgelman, Yuliya Snihur, Llewellyn D.W. Thomas
Cambridge University Press March2023

This Element presents several frameworks of strategy-making that serve to analyze organizational evolution processes within and beyond the firm. These frameworks form an integrated evolutionary ecological lens to examine the dynamics of strategy-…

Journal Article

The Ambiguity of “We”: Perceptions of Teaming in Dynamic Environments and Their Implications

Michaela Kerrissey, Zhanna Novikov, Maike Tietschert, Russell Phillips, Sara Singer
Social Science & Medicine March2023 Vol. 320

In healthcare, organizations increasingly call on clinicians and staff to team up fluidly to deliver integrated services across disciplines and settings. Yet little is known about how clinicians and staff perceive of team membership in healthcare…

Journal Article

The Certifier for the Long Run

Jacopo Bizzotto, Bård Harstad
International Journal of Industrial Organization March2023 Vol. 87

We build a workhorse model to study the optimal and the equilibrium certifier from a long-run perspective. Firms enter the market, and invest in their capacity to provide quality, before the certification threshold is determined. With a certifier…

Journal Article

The Design of Optimal Pay-as-Bid Procurement Mechanisms

Je-ok Choi, Daniela Saban, Gabriel Weintraub
Manufacturing & Service Operations Management March2023 Vol. 25 Issue 2 Pages 613–630.

Problem definition: We consider the mechanism design problem of finding an optimal pay-as-bid mechanism in which the platform chooses an assortment of suppliers in order to balance the trade-off between two objectives: providing enough variety to…

Journal Article

The Divergent Effects of Diversity Ideologies for Race and Gender Relations

Ashley Martin
Organizational Behavior and Human Decision Processes March2023 Vol. 175

The present research compares the influence of diversity ideologies on race and gender relations. In contrast to research suggesting that an identity-aware ideology (i.e.,…

Journal Article

The Dynamics of a Policy Outcome: Market Response and Bureaucratic Enforcement of a Policy Change

Steven Callander, Dana Foarta, Takuo Sugaya
American Journal of Political Science March2023

Policy outcomes are determined not by the words in a statute but by the actions induced in response. Whether a policy succeeds or fails depends on how policy shapes behavior and how that behavior, in turn, shapes the future course of policy. To…

Core Concept

The Principles of Corporate Governance: A Guide to Understanding Concepts of Corporate Governance

David F. Larcker, Amit Seru, Brian Tayan
Core Concepts Series Corporate Governance Research Initiative March2023

A roadmap to understanding the fundamental concepts of corporate governance based on theory, empirical research, and data. This guide takes an in-depth look at the …

Working Paper

Theory of Mind May Have Spontaneously Emerged in Large Language Models

Michal Kosinski
March2023

Theory of mind (ToM), or the ability to impute unobservable mental states to others, is central to human social interactions, communication, empathy, self-consciousness, and morality. We tested several language models using 40 classic false-…

Journal Article

Voluntary Disclosure and Personalized Pricing

S. Nageeb Ali, Greg Lewis, Shoshana Vasserman
The Review of Economic Studies March2023 Vol. 90 Issue 2 Pages 538–571.

Firms have ever-increasing access to consumer data, which they use to personalize their advertising and to price discriminate. This raises privacy concerns. Policymakers have argued in response that consumers should be given control over their…

Journal Article

Why Do Predicted Stock Issuers Earn Low Returns?

Charles M. C. Lee, Ken Li
Review of Asset Pricing Studies March2023 Vol. 13 Issue 1 Pages 181-221.

Predicted stock issuers (PSIs) are firms with expected high-investment and low-profit profiles that earn extremely low returns. We evaluate alternative explanations for this empirical phenomenon. Our results show top-PSI firms are cash-…

Other Publication

You Need Two Leadership Gears

Lindy Greer, Francesca Gino, Robert I. Sutton
Harvard Business Review March2023 Vol. 101 Issue 2 Pages 76–85.

The debate about the best way to lead has been raging for years: Should you empower your people and get out of their way, or take charge and push them to do great work? The answer, say the authors, is to do both. Their research shows…

Book Chapter

Building Resilient Inter-Ethnic Peace

Saumitra Jha
Nation Building: Big Lessons from Successes and Failures Center for Economic and Policy Research February142023
Book Chapter

The Influence of Heroic Networks

Saumitra Jha, Julia Cage, Pauline Grosjean
Nation Building: Big Lessons from Successes and Failures CEPR February142023
Other Publication

The Influence of Heroic Networks

Julia Cage, Pauline Grosjean, Saumitra Jha
Nation Building: Big Lessons from Successes and Failures Center for Economic and Policy Research February142023

To what extent can the values of nations be reshaped by heroes? We measure how an exogenous network of heroic individuals helped undermine democratic values and diffused support for…

Other Publication

How Winning (or Losing) a Grammy Changes the Music Artists Make

Giacomo Negro, Balázs Kovács, Glenn R. Carroll
Behavioral Scientist February132023

How do artists respond to status-shifting awards? In examining this question, we focus on the consequences of winning a major Grammy, a high-profile honor in the music recording industry. Using a neural learning approach,…

Survey

2022 State of Latino Entrepreneurship

Barbara Gomez-Aguinaga, Jonathan Furszyfer, Paul Oyer, Jerry I. Porras
Stanford Latino Entrepreneurship Initiative February2023

This is the eighth annual State of Latino Entrepreneurship report collecting data from Latino-owned businesses, the fastest growing segment of the U.S. business population. This year, we administered a national survey to more than 10,000 U.S.…

Journal Article

Conformalized Survival Analysis

Emmanuel Candès, Lihua Lei, Zhimei Ren
Journal of the Royal Statistical Society. Series B: Statistical Methodology February2023 Vol. 85 Issue 1 Pages 24–45.

In this paper, we develop an inferential method based on conformal prediction, which can wrap around any survival prediction algorithm to produce calibrated, covariate-dependent lower predictive bounds on survival times. In the Type I right-…

Working Paper

Election-Denying Republican Candidates Underperformed in the 2022 Midterms

Janet Malzahn, Andrew B. Hall
February2023

We combine newly collected election data with records of public denials of the results of the 2020 election to estimate the degree to which election-denying Republican candidates for senator, governor, secretary of state, and attorney general…

Working Paper

Flexible and Efficient Contextual Bandits with Heterogeneous Treatment Effect Oracles

Aldo Gael Carranza, Sanath Kumar Krishnamurthy, Susan Athey
February2023

Contextual bandit algorithms often estimate reward models to inform decision-making. However, true rewards can contain action-independent redundancies that are not relevant for decision-making. We show it is more data-efficient to estimate any…