Working Papers

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.

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An Evaluation of Corrective Advertising Effects: A Field Study

Kenneth L. Bernhardt, Thomas C. Kinnear, Michael B. Mazis
1980

Previous research on corrective advertising has generally involved a forced exposure in a laboratory setting using student subjects. Treatment and criterion variables have also usually been developed by the researcher independent of the real…

Analysis of Pension Funding Under Erisa

Jeremy I. Bulow
1980

This paper begins by describing the tax, funding, and insurance aspects of the Pension Reform Act of 1974. Next, the implications of those laws are analyzed from the standpoint of the funding decision of the firm. The tax advantage of early…

Appropriable Rents and Quasi Integration

Kirk Monteverde, David J. Teece
1980

Abstract not available.

A Behavioral Analysis Of OPEC: Monopolization With Limited Collusion

David J. Teece
1980

Abstract not available.

Careers of Women, Minority and White Male MBAs

Thomas W. Harrell, Margaret S. Harrell
1980

Questionnaires were sent in 1978 to Stanford Graduate School of Business alumni from the classes of 1973-75. Questions were included on career progress and on the earnings of spouse or partner. The response rate was 77% of domestic graduates to…

Comments on the Role of Price in Individual Utility Judgments

V. “Seenu” Srinivasan
1980

Abstract not available.

Comparing Derived Importance Weights Across Attributes: An Experimental Study Using Conjoint Analysis

Julia Nutter, Dick Wittink
1980

In this study we investigate the possibility that derived attribute importance weights, as commonly computed in conjoint analysis applications, may be systematically influenced by the number of levels on which an attribute is defined for…

Computing The Discounted Return In Markov And Semi-Markov Chains

Evan L. Porteus
1980

This paper addresses the problem of computing the expected discounted return in finite Markov and semi-Markov chains. The objective is to reveal insights into two questions. First, which iterative methods hold the most promise? Second, when are…

Conditions for Characterizing the Structure of Optimal Strategies in Infinite Horizon Dynamic Programs

Evan L. Porteus
1980

The study of infinite horizon nonstationary dynamic programs using the operator approach is continued. The point of view here differs slightly from that taken by others in that Denardo’s local income function is not used as a starting point.…

Consumption Risk in Futures Markets

Douglas Breeden
1980

Abstract not available.

Dividends, Short Selling Restrictions, Tax-Induced Investor Clienteles and Market Equilibrium

Robert H. Litzenberger, Krishna Ramaswamy
1980

Abstract not available.

Equilibrium Warrant Pricing Models and Accounting for Executive Stock Options

Mark A. Wolfson, Eric Noreen
1980

Abstract not available.

Estimating the Parameters of the Capital Asset Pricing Model (CAPM)--A Minimum Expected Loss (MELO) Approach

Michael R. Gibbons
1980

The modern theory of finance has produced the capital asset pricing model (CAPM) which is an equilibrium model establishing a relationship among the parameters of the multivariate distribution of returns from assets. Several attempts have been…

Externalities and Financial Reporting

George Foster
1980

Abstract not available.

Forecasting the Effectiveness of Work-Trip Gasoline Conservation Policies through Conjoint Analysis

V. “Seenu” Srinivasan, Peter G. Flachsbart, Jarir S. Dajani, Rolfe G. Hartley
1980

Policies such as tax surcharges on gasoline and reductions in transit fare were examined for their potential effectiveness in conserving gasoline. Individual level preference functions to predict work-trip modal choice (auto, public transit or…

Futures Markets and Commodity Options

Douglas T. Breeden
1980

Abstract not available.

Implied Tax Rates and the Valuation of Discount Bonds

James C. Van Horne (1935–2025)
1980

Abstract not available.