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The Ecology of Entrepreneurship
The Effect of Stating Expectations on Customer Satisfaction and Shopping Experience
Customers expectations are key determinants of their consumption experiences, satisfaction, and loyalty. Therefore, knowing in advance what customers expect is critical for the success of marketing strategies. We examine alternative predictions…
The Impact of Unit Cost Reductions on Gross Profit: Increasing or Decreasing Returns?
When asked about the impact of unit manufacturing cost reductions on gross profit, many managers and academics assume that returns will be diminishing, i.e., that the first cent of unit cost reduction will generate more incremental gross profit…
The Pooling and Tranching of Securities: A Model of Informed Intermediation
I show that when an issuer has superior information about the value of its assets, it is better off selling assets separately rather than as a pool due to the information destruction effect of pooling. If, however, the…
The Ratings Game
The Relationship Between Export Assistance and Performance Improvement in Portuguese Export Ventures: An empirical Test of the Mediating Role of Pricing Strategy Adaptation.
Purpose – The article aims to test how pricing strategy adaptation to the foreign market mediates the relationship between export assistance and annual export performance improvement. It also aims to consider the effects of…
Two Roads to Updating Brand Personality Impressions
This research examines the dynamic process of inference updating. The authors present a framework that delineates two mechanisms that guide the updating of personality trait inferences about brands. The results of three experiments show that…
Two Roads to Updating Brand Personality Impressions: Trait versus Evaluative Inferencing
This research examines the dynamic process of inference updating. We present a framework that delineates two mechanisms that guide the updating of personality trait inferences about brands. The results of three experiments show that chronics (…
Understanding Firm, Physician and Consumer Choice Behavior in the Health Care Industry
This paper argues that the pharmaceutical industry represents an exciting opportunity to carry out academic research. The nature of the industry allows researchers to answer new questions, develop new methodologies for answering these questions…
Understanding Regulatory Fit
We focus on three critical areas of future research on regulatory fit. The first focuses on how regulatory orientation gets sustained. We argue that there are two distinct approaches that bring about the just right feeling: (1) process-based (…
Why Do Some Firms Give Stock Options To All Employees?: An Empirical Examination of Alternative Theories
Many firms issue stock options to all employees. We consider three potential economic justifications for this practice: providing incentives to employees, inducing employees to sort, and employee retention. We gather data from three sources on…
Working Alone: What Ever Happened To The Idea Of Organizations As Communities
Even as employees are increasingly disengaged and distrustful of their employers, organizations have moved to become less like communities and adopt more arms-length and distant relationships with their people. Organizations that are more…
A failure to communicate: 9/11 and the tragedy of the informational commons
Special issue on “Organizational perspectives on the 9/11 Commission Report”
Inflation Targeting and Sudden Stops
Sudden stops seem to create the perfect environment for disinflation, especially when central banks defend the exchange rate by increasing interest rates. We propose a variation of the output gap model that incorporates the sudden stop shock. The…
The Mozart Effect: Tracking the Evolution of a Scientific Legend
Theories of the diffusion of ideas in social psychology converge on the assumption that shared beliefs (e.g., social representations, rumors and legends) propagate because they address the needs or concerns of social groups. But little empirical…
Why Are Some Organizations More Competitive Than Others? Evidence from a Changing Global Market
In this paper, we question the idea that large organizations have advantages that make them particularly potent rivals. We argue that the ability of large organizations to ameliorate competitive constraints insulates them from an important source…
Smoothing Sudden Stops
Emerging economies are exposed to severe and sudden shortages of international financial resources. Yet domestic agents seem not to undertake enough precautions against these sudden stops. Following our previous work, we highlight in this paper…
A Combinatorial Auction Improves School Meals in Chile: A Case of OR in Developing Countries
The Chilean State delivers essential meal services at schools for low-income students. Junta Nacional de Auxilio Escolar y Becas, the institution in charge of covering 1,300,000 children, leases the meal service to private enterprises. We…
Estimation of Continuous-Time Markov Processes Sampled at Random Time Intervals
We introduce a family of generalized-method-of-moments estimators of the parameters of a continuous-time Markov process observed at random time intervals. The results include strong consistency, asymptotic normality, and a characterization of…
Resistance to persuasion and attitude certainty: The moderating role of elaboration
Recent research (Tormala & Petty, 2002) has demonstrated that when people resist persuasive attacks, they can under specifiable conditions become more certain of their initial attitudes. The present research explores the role of elaboration…