Working Papers

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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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New Tools for Teaching Marketing: Computer and Model Assisted Cases

George S. Day, David Bruce Montgomery (1938–2025), Charles B. Weinberg
1975

This paper summarizes the authors experiences in developing and applying computer based models for the analysis of marketing cases. The paper discusses the extent of use of such materials at Stanford, proposes methods of use, and outlines…

A Note on the Relation Between the Generalized GUB-Technique and Dantzig-Wolfe Decomposition

Markku Kallio, Evan L. Porteus
1975

Although the generalized GUBtechnique (GGUB) conceptually is very different from DantzigWolfe decomposition (DW), we show that these methods are very much alike computationally. Our purpose is to provide insight into the close relationship…

On Mean Variance Models of Capital Structure and the Absurdity of Their Predictions

Nestor Gonzalez, Robert H. Litzenberger, Jacques Rolfo
1975

Abstract not available.

On Optimal Dividend and Liquidation Policies for the Firm, II: Optimality of LRHD Policies

Evan L. Porteus
1975

The study of optimal dividend, reinvestment, and liquidation policies for a single asset firm is continued. By assuming roughly that the probability distribution of net asset changes is PF2, that its mode is not too low, and that the probability…

On the Decomposition of the Municipal Cash Management Problem Using an Interactive Approach

Charles A. Holloway, Alan Henricks, Joellyn Murphy
1975

Decomposition of the municipal cash management problem into monthly and daily decisions is considered and conditions presented which guarantee that the decomposition is well defined. Under certain conditions, infeasibilities at the daily level…

On the Optimality of Structured Policies in Countable Stage Decision Processes

Evan L. Porteus
1975

Multi-stage decision processes are considered, in notation which is an outgrowth of that introduced by Denardo [l0]. Certain Markov decision processes, stochastic games, and risk-sensitive Markov decision processes are formulated in this notation…

On the Optimality of Structured Policies in Countable Stage Decision Processes, II: Positive and Negative Problems

David M. Kreps, Evan L. Porteus
1975

The analysis of structured countable stage decision processes, initiated in Porteus [10], is continued. The standard models of positive and negative dynamic programming are given in this context, thus extending these results to criteria other…

On the Optimality of Structured Policies in Countable Stage Decision Processes, III: Regular Terminal Value Functions

Evan L. Porteus
1975

The study of structured countable stage decision processes is continued. Rather than requiring the terminal value functions to be what are called regular-structured [6], we only require them to be regular. Since the infinite horizon values are…

Optimal Initiation of Bankruptcy Proceedings by Debt Holders

James C. Van Horne (1935–2025)
1975

Abstract not available.

Optimal State-Dependent Pricing Policies for a Class of Stochastic Multi-Unit Rental Systems

Mahendra Gupta, V. “Seenu” Srinivasan, Po Lung Yu
1975

This paper models a k-unit rental system with Poisson arrivals, exponential service times and no queue. Denoting the number of units that are out on rent as the state of the system, the state-dependent pricing model formalizes the intuitive…

Organizational Control and Work Satisfaction

Mary Ann Maguire, William G. Ouchi
1975

Data from 2,398 employees of two retail companies indicate that the relationship between control and job satisfaction is complex. Control does not produce low job satisfaction unless the supervisor using the control is seen as unfair or as…

Public Goods, Collective Choice, and the Regulated Firm

J. Michael Cummins
1975

Abstract not available.

Sharing Rules and Equilibrium in an International Capital Market Under Uncertainty

Frederick L.A. Grauer, Robert H. Litzenberger, Richard E. Stehle
1975

Abstract not available.

Some Organizational Properties of Resource Directive Allocation Mechanisms

Jeffrey H. Moore, James R. Freeland
1975

This paper discusses some of the organizational aspects of a class of decentralized resource allocation mechanisms based in theory upon decomposition of linear programs. Organizational aspects refer to those attributes which have behavioral…

A State-of-the Art Analysis of Behavioral Accounting Research

Thomas R. Hofstedt
1975

Abstract not available.

The Concept of the Amount of Information in Information Evaluation

Hiroyuki Itami
1975

Abstract not available.

The Relationship Between Organizational Structure and Organizational Control

William G. Ouchi
1975

This paper reports on the nature of control in 78 retail department store companies. It begins with the argument that control and structure have not been clearly distinguished in the literature on organizations. Control is not the same thing as…