We empower faculty to design and discover original research that challenges conventions and creates breakthroughs that push boundaries of knowledge.
Publication Types
Journal Articles
Books
Working Papers
Case Studies
Browse Publications
Building Supply Chain Excellence in Emerging Economies
This book will help readers to better manage supply chains in emerging economics. It addresses a host of issues and challenges, from infrastructure constraints and the logistics inefficiencies to contributing to the social and environmental…
Non-Bayesian Testing of a Stochastic Prediction"
We propose a method to test a prediction of the distribution of a stochastic process. In a non-Bayesian non-parametric setting, a predicted distribution is tested using a realization of the stochastic process. A test associates a set of…
Organizational Identities and the Hazard of Change
We examine how the life chances and financial performance of nascent high-technology firms were affected by two kinds of organizational changes: altering founders’ blueprints for the employment relation and replacing a founder–chief executive…
The Control of Politicians in Divided Societies: The Politics of Fear
Autocrats in many developing countries have extracted enormous personal rents from power. In addition, they have imposed inefficient policies including pervasive patronage spending. I present a model in which the presence of ethnic identities and…
Tradeoffs from Integrating Diagnosis and Treatment in Markets for Health Care
To identify the important tradeoffs in consulting a single expert for both diagnosis and treatment, we examine the costs and health outcomes of elderly Medicare beneficiaries with coronary artery disease. We compare the empirical consequences of…
Venture Capital, Agency Costs, and the False Dichotomy of the Corporation
An implicit dichotomy of the corporation exists in legal scholarship. On one side of the dichotomy rests the publicly held corporation suffering from a significant conflict of interest between its managers and dispersed shareholders; on the other…
Including Estimates of the Future in Today's Financial Statements
This paper explains why the question is how, not if, today’s financial statements should include estimates of the future. Including such estimates is not new, but their use is increasing. This increase results primarily because standard‐setters…
Memory-based versus on-line processing: Implications for attitude strength
Three experiments tested whether the manner in which attitudes are created—through on-line or memory-based processing—can impact the resultant strength of those attitudes. In each study, participants were presented with 20 behavioral statements…
Resisting persuasion by the skin of one’s teeth: The hidden success of resisted persuasive messages
Recent research has suggested that when people resist persuasion they can perceive this resistance and, under specifiable conditions, become more certain of their initial attitudes (e.g., Z. L. Tormala & R. E. Petty, 2002). Within the…
When credibility attacks: The reverse impact of source credibility on persuasion.
Recent research on the self-validation hypothesis suggests that source credibility identified after message processing can influence the…
Optimal Control of a High-Volume Assemble-to-Order System
We consider an assemble-to-order system with a high volume of prospective customers arriving per unit time. Our objective is to maximize expected infinite-horizon discounted profit by choosing product prices, component production capacities, and…
Term Limits and Pork
We describe a model of electoral selection and legislative policy choice that explores the effects of term limits on legislative spending. In the model, self-interested voters in a collection of districts prefer representatives who deliver…
Innovators in Supply Chain Security
Political unrest, natural disasters and many other unforeseen events such as product contamination and adulteration, shortages, border closings and strikes by ports, have made firms more aware of the vulnerability of their supply chains, and…
The Sales Learning Curve
Differential Properties in the Ratings of Certified vs. Non-Certified Bond Rating Agencies
We examine whether the properties of bond ratings from certified agencies (designated by the SEC) differ from those of non-certified bond rating agencies. Bond ratings from non-certified agencies are used solely for investment advice. Certified…
Matching and Price Competition
We develop a model in which firms set impersonal salary levels before matching with workers. Wages fall relative to any competitive equilibrium while profits rise almost as much, implying little inefficiency. Furthermore, the best firms gain the…
Gatekeeping
Collective choice bodies throughout the world use a diverse array of codified rules that determine who may exercise procedural rights, and in what order. This paper analyzes several two-stage decision-making models, focusing on one in which the…
Looking Deathworthy: Perceived Stereotypicality of Black Defendants Predicts Capital-Sentencing Outcomes
Researchers previously have investigated the role of race in capital sentencing, and in particular, whether the race of the defendant or victim influences the likelihood of a death sentence. In the present study, we examined whether the…
GPS Augmented Vehicle Dynamics Control (2006-01-1275)
Measurements from a Global Navigation System in conjunction with an Inertial Measurement Unit were recently introduced in different aerial and ground vehicles as an input to control vehicle dynamics. In automobiles this approach could help to…
Buys, Holds and Sells: The Distribution of Investment Banks' Stock Ratings and the Implications for the Profitability of Analysts' Recommendations,
This paper analyzes the distribution of stock ratings at investment banks and brokerage firms and examines whether these distributions can predict the profitability of analysts’ recommendations. We document that the percentage of buys decreased…