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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Competition of Alternative Health Care Delivery Systems

Alain C. Enthoven
1977

Abstract not available.

Competitive Bidding in the Underwriting of Public Utilities Securities

George G.C. Parker, Daniel Cooperman
1977

Abstract not available.

Control in Organizational Hierarchies: Coupled Versus Uncoupled

William G. Ouchi
1977

Abstract not available.

A Convergence Theorem for Competitive Bidding With Differential Information

Paul R. Milgrom
1977

This paper investigates the behavior of the winning bid in a sealed bid tender auction where each bidder has private sample information. With an appropriate concept of value, the winning bid will converge in probability to the value of the object…

Decision Times and Processes on Complex Decision Problems

Peter Wright
1977

In analysing what factors influence how long a consumer deliberates on a complex preferential choice problem, attention should be given to the antecedents of internal “conflict”, the decomposition of the decision process into stages, the tactical…

Dynamic Choice Theory and Dynamic Programming

David M. Kreps, Evan L. Porteus
1977

Finite horizon sequential decision problems with a “temporal vonNeumann-Morgenstern utility” criterion are analyzed. This criterion, as developed in [7], is a generalization of vonNeumann-Morgenstern (expected) utility of the vector of rewards,…

Elimination of the Double Taxation of Dividends and Corporate Financial Policy

Robert Litzenberger, James C. Van Horne (1935–2025)
1977

Abstract not available.

Estimation of a Noninvertible Moving Average Process: The Case of Overdifferencing

Charles I. Plosser, G. William Schwert
1977

The effect of differencing all of the variables in a properly specified regression equation is examined. Excessive use of the difference transformation induces a noninvertible moving average (MA) process in the disturbances of the transformed…

Evaluation Methodology in Organization Development:_x000B_An Analysis and Critique

Jerry I. Porras, P.O. Berg
1977

The purpose of this analysis is to present a detailed overview of the current state of evaluation methodology in Organization Development. A detailed search procedure yielded thirty-five empirical studies in the OD field for the period 1959 to…

Externality Law and Market Safeguards

Gerald M. Meier
1977

Abstract not available.

Further Results on the Informational Efficiency of Competitive Stock Markets

Sanford J. Grossman
1977

Abstract not available.

Heuristic Algorithms for Capital Budgeting Decisions in Multi-Division Firms

Meir J. Rosenblatt, James R. Freeland
1977

This paper presents two versions of a heuristic algorithm to solve a model of the capital budgeting problem in a multi-division firm. These algorithms allow a final allocation of the budget to projects to be found in two information exchanges…

Implications of Product Portfolio Analysis for Strategic Competitive Intelligence

Charles B. Weinberg, David Bruce Montgomery (1938–2025)
1977

Product portfolio analysis is an increasingly popular framework for strategic planning within multiproduct corporations. This paper explores the impact of this trend on the nature and role of strategic competitive intelligence designed to support…

Information Environment Perception and Information Processing Behavior: An Empirical Investigation

Charles B. Stabell
1977

This study investigates the relationship between integrative complexity of managers’ perception of their information environment and the volume, breadth, and balance of their use of information sources. Twenty-nine portfolio managers participated…

Initial Observations on a Pioneer Cohort: 1974 Women MBAs

Myra H. Strober, Francine E. Gordon
1977

Abstract not available.