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Journal Articles

View peer-reviewed research by Stanford GSB faculty, published in leading journals across the business disciplines.

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Journal Article

A rigorous analysis of the cavity equations for the minimum spanning tree

Mohsen Bayati, Alfredo Braunstein, Riccardo Zecchina
Journal of Mathematical Physics 2009 Vol. 49

We analyze a new general representation for the Minimum Weight Steiner Tree (MST) problem which translates the topological connectivity constraint into a set of local conditions which can be analyzed by the so called cavity equations techniques.…

Journal Article

The perceived informational basis of attitudes: Implications for subjective ambivalence

Zakary Tormala, Victoria L. DeSensi
Personality and Social Psychology Bulletin December42008 Vol. 34 Issue 2

Three studies tested the hypothesis that when people receive persuasive messages, their perceptions of the information on which they base their attitudes can determine feelings of subjective ambivalence. Across studies, it is shown that when…

Other Publication

The Whose, Where and How of Inventory Control Design

Hau L. Lee, Seungjin Whang
Supply Chain Management Review December12008 Pages 7.

Most companies have more freedom than they imagine to organize their supply chains for maximum efficiency. By rethinking inventory control in terms of who owns the inventory at any point, where it should be located, and who controls it, managers…

Working Paper

Asymmetric Social Interactions in Physician Prescription Behavior: The Role of Opinion Leaders

Harikesh S. Nair, Puneet Manchanda, Tulikaa Bhatia
December2008

We quantify the impact of social interactions and peer effects in the context of prescription choices by physicians. Using detailed individual-level prescription data, along with self-reported social network information, we document that…

Other Publication

Business Benefits to HP Suppliers from Responsible Practices in China

Sonali Rammohan
Stanford Global Supply Chain Management Forum December2008

In recent years, the electronics industry has made important improvements in social and environmental responsibility (SER) conformance among first-tier suppliers, due in part to the standardization of SER practices set forth in the Electronics…

Journal Article

Circles, Squares, and Choice: The Effect of Shape Arrays on Uniqueness and Variety Seeking

Michael Maimaran , S. Christian Wheeler
Journal of Marketing Research December2008 Vol. 45 Issue 6 Pages 731-740.

Five experiments demonstrate that exposure to novel visual stimulus arrays of geometric shapes affects consumers’ real choices among products. The authors first demonstrate that exposure to variety arrays (arrays of differing shapes) increases…

Journal Article

Modeling Social Interactions: Identification, Empirical Methods and Policy Implications

Wesley R. Hartmann, Puneet Manchanda, Harikesh S. Nair, Matthew Bothner, Peter Dodds, David Godes, Kartik Hosanagar, Catherine Tucker
Marketing Letters December2008 Vol. 19 Issue 3 Pages 287–304.

Social interactions occur when agents in a network affect other agents’ choices directly, as opposed to via the intermediation of markets. The study of such interactions and the resultant outcomes has long been an area of interest across a wide…

Journal Article

Team Negotiation: Social, Epistemic, Economic, and Psychological Consequences of Subgroup Conflict

Nir Halevy
Personality and Social Psychology Bulletin December2008 Vol. 34 Issue 12 Pages 1687-1702.

Large collectives (e.g., organizations, political parties, nations) are seldom unitary players. Rather, they consist of different subgroups that often have conflicting interests. Nonetheless, negotiation research consistently regards…

Journal Article

The Making of an Investment Banker: Stock Market Shocks, Career Choice, and Lifetime Income

Paul Oyer
Journal of Finance December2008 Vol. 63 Issue 6 Pages 2601–2628.

I show that stock market shocks have important and lasting effects on the careers of MBAs. Stock market conditions while MBA students are in school have a large effect on whether they go directly to Wall Street upon graduation. Further, starting…

Journal Article

Defining Racism Safely: The Role of Self-Image Maintenance on White Americans' Conceptions of Racism

Brian S. Lowery, Miguel M. Unzueta
Journal of Experimental Social Psychology November2008 Vol. 44 Issue 6 Pages 1491-1497.

We suggest that the need to maintain a positive self-image motivates White Americans to conceive of racism as a phenomenon rooted in individuals instead of…

Journal Article

Does Earnings Management Affect Firms' Investment Decisions?

Maureen McNichols, Stephen R. Stubben
The Accounting Review November2008 Vol. 83 Issue 6 Pages 1571-1603.

This paper examines whether firms manipulating their reported financial results make suboptimal investment decisions. We examine fixed asset investments for a large sample of public companies during the 1978-2002 period and document that firms…

Journal Article

Markov Perfect Industry Dynamics with Many Firms

Gabriel Weintraub, Lanier Benkard, Ben Van Roy
Econometrica November2008 Vol. 76 Issue 6 Pages 1375–1411.

We propose an approximation method for analyzing Ericson and Pakes (1995)-style dynamic models of imperfect competition. We define a new equilibrium concept that we call oblivious equilibrium, in which each firm is assumed to make decisions based…

Journal Article

Order Progress Information: Improved Dynamic Emergency Ordering Policies

Warren H. Hausman, Gary Gaukler, Özalp Özer
Production & Operations Management November2008 Vol. 17 Issue 6 Pages 599-613.
Journal Article

Relational accommodation in negotiation: Effects of egalitarianism and gender on economic efficiency and relational capital

Jared R. Curhan , Margaret Ann Neale, Lee Ross, Jesse Rosencranz-Engelmann
Organizational Behavior and Human Decision Processes November2008 Vol. 107 Issue 2 Pages 192–205.

Highly relational contexts can have costs as well as benefits. Researchers theorize that negotiating dyads in which both parties hold highly relational goals or views of themselves are prone to relational accommodation, a dynamic resulting in…

Journal Article

You Wouldn't Read About It

Robert L. Joss
The Deal October172008 Vol. 1 Issue 1
Journal Article

Collective Risk Management in a Flight to Quality Episode

Arvind Krishnamurthy, Ricardo J. Caballero
Journal of Finance October2008 Vol. 63 Issue 5 Pages 2195-2230.

Severe flight to quality episodes involve uncertainty about the environment, not only risk about asset payoffs. The uncertainty is triggered by unusual events and untested financial innovations that lead agents to question their worldview. We…

Journal Article

Conference on Evolving Competition in the 21st Century

Oliver Heil, David Bruce Montgomery (1938–2025)
EMAC Chronicle October2008 Issue 4 Pages 11.
Journal Article

Default and Recovery Implicit in the Term Structure of Sovereign CDS Spreads

Kenneth J. Singleton, Jun Pan
Journal of Finance October2008 Vol. 63 Issue 5 Pages 2345-2384.

This paper explores the nature of default arrival and recovery implicit in the term structures of sovereign CDS spreads. We argue that term structures of spreads reveal not only the arrival rates of credit events (lambda cap Q), but also…

Journal Article

A new look at the consequences of attitude certainty: The amplification hypothesis

J.J. Clarkson, Zakary Tormala, D.D. Rucker
Journal of Personality and Social Psychology October2008 Vol. 95 Issue 4 Pages 810-825.

It is well established that increasing attitude certainty makes attitudes more resistant to attack and more predictive of behavior. This finding has been interpreted as indicating that attitude certainty crystallizes attitudes, making them…

Journal Article

Asymptotically Optimal Control for an Assemble-to-Order System with Capacitated Component Production and Fixed Transport Costs

Erica Plambeck
Operations Research September2008 Vol. 56 Issue 5 Pages 1158-1171.

This paper examines a two-tier assemble-to-order system. Customer orders for various products must be filled within the product-specific target lead time, or become lost sales. A product can be assembled instantaneously if its required components…