These papers are working drafts of research which often appear in final form in academic journals. The published versions may differ from the working versions provided here.
SSRN Research Paper Series
The Social Science Research Network’s Research Paper Series includes working papers produced by Stanford GSB the Rock Center.
You may search for authors and topics and download copies of the work there.
Delegated Portfolio Management
A problem of screening agents with privately known forecasting abilities and reservation utilities and then eliciting truthful information from these agents once they are employed is considered. For the case of risk averse agents and large…
Experience Curves: Evidence, Empirical Issues and Applications
Abstract not available.
Expulsion Threats in Repeated Partnership Games
This paper considers the incentive role of expulsion threats for deviants in repeated partnership games as an alternative to the use of trigger strategies (where a perceived deviation from an agreement is followed by the adoption of single period…
Government Security Dealers' Positions, Information and Interest-Rate Expectations
In this paper, the inventory positions of government security dealers are analyzed for signs of superior information on their part relative to other participants in the market. Testing the 1966-1980 period on a monthly basis, it does not appear…
Identifying Opportunities for Repetition Minimization
Abstract not available.
Incentives, Information, and Iterative Planning
Abstract not available.
Inventory Policies for Periodic Review Systems
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…
Invisible Resources and Their Accumulation for Corporate Growth
The basic question behind this paper is deceptively simple: why can some firms continue to grow and some firms cannot even under very similar environmental conditions? What is the essential driving mechanism behind successful corporate growth? My…
Labor Contracts Under Asymmetric Information When Workers Are Not Bound
Abstract not available.
Minimum Wage Effects with Output Stabilization
Abstract not available.
Monitoring Multiple Agents: The Role of Hierarchies
This paper presents an analysis of principal/multiple-agent, problems when there are monitoring possibilities. A principal/owner of a firm has to decide whether or not to employ one or more supervisors who can observe noisy signals on the workers…
A Note on Performance Evaluation
Problems in distinguishing between market timing and security selection ability are reviewed. It is shown that the ability of a manager who receives signals with continuous distributions can be consistently measured the assumption of a…
A Note on the Necessary Condition for Linear Sharing and Separation
Abstract not available.
A Note on the Selection of Parameters and Estimators in the Hausman Specification Test
This note shows that when an investigator can write down his hypothesized specification error in parametric form, there are two forms of Hausmans specification test that are (at least asymptotically) equivalent to conventional tests of the…
One Stage Simultaneous Bargaining with Incomplete Information
We study one stage-simultaneous offer bargaining between a buyer and a seller of an indivisible object who have incomplete information about each other’s valuations. The set of possible valuations for each trader is assumed to be finite, and…
Private Enforcement of the Law--Incentives Under Asymmetric Information
Abstract not available.
Regulation, Asymmetric Information, and Auditing
Abstract not available.
Risk and the Relationship Among Strategy, Organizational Processes, and Performance
Abstract not available.