Working Papers

Negative voting occurs when voters respond more strongly to political actions or outcomes they oppose than to comparable actions or outcomes they favor. This paper discusses the possibility that negative voting is an artifact. We develop a simple…

This note points out an error in the only published algorithm for exact solution of partially observed Markov decision processes. The major insights and contributions of the original work remain intact, and the error can be remedied, albeit at…

Porteus, and Rosenblatt and Lee have recently developed models in which process quality and lot sizing interact. Lot sizes should be reduced to compensate for poor quality. Investment in setup time reduction leads to even smaller lot sizes and…

While in school, Stanford MBA students were given a test battery chosen to predict managerial potential. This battery included several instruments that attempt to measure leadership, Leadership Opinion questionnaire, McClelland’s Test of…

A capacity expansion problem is one of choosing the timing, location, and sizing of productive capacity to respond to demand forecasts at minimum cost. Capacity expansion models for realistic problems tend to be too large for present methods that…

This paper introduces some methods for anticipating the difference between optimal harvesting strategies in a fishery model with stochastic recruitment and for the analogous deterministic model with recruitment equal to its expected value. The…

Are attributes of successful MBAs useful for predicting success, and thereby improving business management? In a twenty-year study of Stanford MBAs, 15 and 20 year results have identified the extreme importance to success of sociability. The…

The anxiety of members of dual career couples was compared with that of more traditional couples where only the husband worked outside the home. MBA husbands with children whose MBA wives were also employed outside the home showed more anxiety.…

Lincoln’s management of the Civil War used so many of the principles described by Peters and Waterman (1982) in their best selling book, In Search of Excellence: Lessons from America’s Best Run Companies, that we have attempted to analyze Lincoln…

Abstract not available.

Abstract not available.

Our 20 year studies find that MBAs are happy, prosperous, and are moving from large to small business. On average they are either very Satisfied , or Satisfied with their jobs. Their median earnings at 20 years out in 1981, 1982, and 1983,…

This paper approximates the discounted average cost in regenerative models by an undiscounted average cost. A financial holding cost is assessed on expenditures that are incurred earlier than the middle of each cycle. Explicit upper and lower…

No abstract available.

This paper introduces three new methods for computing approximately optimal inventory policies for discrete time shortage cost systems. Two of the methods are shortcuts based on the method of Freeland and Porteus [1980] and one is a heuristic…

Experiments on the use of electricity data as an unobtrusive measure of household behaviour during breaks in television programmes have provided some new insights.Whilst confirming much of accepted “presence” research, there is a clear indication…

Operational improvements in the short-run scheduling of electric power generation can accrue considerable economic and fossil-fuel savings. This study has undertaken an evaluation of the worth and practicality of using “stochastic linear…

This paper provides details and derivations that support Porteus [1982].

The past year has witnessed tremendous interest in Japanese management practice. Owing in part to the increasingly worldwide competitive environment, and more particularly, the survivability of certain U.S. industries (television, automobiles,…

Abstract not available.