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.
A Framework for MIS Software Development Projects
This paper questions the tacit assumption that computer software development is a homogeneous activity across differing tasks. A descriptive framework is proposed which distinguishes software developmental attributes for MIS from those of other…
French Auctions of Common Stock New Issues, 1966-1974
Abstract not available.
Hierarchies and Clans: A New Perspective on Organizational Development
Some recent articles suggest that current approaches to organizational development are less successful than expected. These approaches are based on theories of the psychology of healthy organizations. In this paper, we present a compatible but…
Incentive Effectiveness: An Empirical Analysis of Contracting for National Defense
Abstract not available.
Local Control in Organizations: Implications for the Paradigm
Studies of organizational control currently reflect a paradigm which contains the assumption that mechanisms of control are homogeneously distributed throughout the subunits of a whole company or other organization. This paper presents the…
Marketing Mix Decision Rules For Nonprofit Organizations
What price should a nonprofit organization charge users and how much effort should the organization devote to developing, delivering and communicating its services to users and to attracting contributions from donors? A review of current practice…
Martingales and the Valuation of Redundant Assets
We explore foundational issues in the theory of arbitrage. Given a probabilistic model of a fixed set of securities, an equivalent martingale measure is a probability measure equivalent to the original measure which causes the securities to earn…
A Note on Errors-in-Variables and Inconsistency in Multiple Regression Models
Abstract not available.
On The Use of Ordinary Least Squares Regression With Paired Comparisons and Rank Order Data
In this paper we compare selected metric and nonmetric procedures for estimating the weights of a linear model linking predictor variables with a criterion variable. Synthetic rank order data are generated to determine conditions under which one…
Prices of State-Contingent Claims Implicit in Option Prices
This paper implements the time-state preference model in a multi-period economy, deriving the prices of primitive securities from the prices of call options on aggregate consumption. These prices permit an equilibrium valuation of assets with…
Properties of Judgment Models in a Financial Setting
The purpose of this study is to extend judgment research by investigating properties of information processing models utilized in a financial judgment situation. Forty-seven graduate business school students estimated percentage changes in the…
Public and Nonprofit Marketing Comes of Age
Abstract not available.
A Representation Theorem for “Preference for Flexibility”
This paper concerns individual choice among “opportunity sets”, sets from which the individual. will later choose a single object. In particular, it concerns preference relations on opportunity sets which satisfy “preference for flexibility”, a…
Security Codings: Measuring Relative Attractiveness in Perfect and Imperfect Measures
Abstract not available.
Short-Term Forecasting and Seasonal Adjustment
This paper explores the stochastic properties and prediction performance of several economic time series both before and after adjustment by the U.S. Bureau of the Census Xll seasonal adjustment program. The results suggest that within the class…
Some Relative Efficiency and Comparative Institutional Properties of Markets and Hierarchies
Abstract not available.
Temporal von Neumann-Morgenstern and Induced Preferences
Induced preference in dynamic contexts, such as preference for uncertain income streams induced from preference for consumption streams, typically does not have an expected utility representation. Earlier resolution of uncertainty is preferred…
The Association Between Unsystematic Security Returns and the Magnitude of Earnings Forecast Errors
Abstract not available.