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A True Expert Knows which Question Should be Asked
We suggest a test for discovering whether a potential expert is informed of the distribution of a stochastic process. In a non-Bayesian non-parametric setting, the expert is asked to make a prediction which is tested against a single realization…
Trust and distrust in physician-patient relationships: Antecedents and consequences
Trust and distrust within organizational contexts
What Determines Corporate Transparency?
When Good Brands Do Bad
This article reports results from a longitudinal field experiment examining the evolution of consumer‐brand relationships. Development patterns differed, whereby relationships with sincere brands deepened over time in line with friendship…
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 helping firms retain employees. We gather data on firms’…
The organizational niche
Although the concept of niche has been extremely useful in sociological theory and research, some aspects of the concept have not been clearly developed. This article advances a theoretical reconstruction of the concept of niche, with…
Managerial Preferences for Strategic Alliance Attributes: Some Global Contrasts
Women in the Workplace - The Unfinished Revolutions
AMONG THE MANY remarkable upheavals of the 20th century, the huge increase in women’s employment stands out. The shift of women to paid labor has led to a widespread transformation of the traditional rules and practices of daily life, not only at…
How much should I help and how often? The effects of generosity and frequency of favor exchange on social status and productivity
Data collected from 161 employees of a large firm suggest that perceived generosity is positively related to individual social status, but maintaining an equitable balance is positively related to individual productivity. Employees may address…
Patent Oppositions
In recent years, patent protection has extended into new areas, giving rise to serious concern about the lack of clear guidelines for patentability. We analyze the effect of introducing a patent opposition process that would allow patent validity…
Performance Implications of Strategic Performance Measurement in Financial Service
This study examines the relation between measurement system satisfaction, economic performance, and two general approaches to strategic performance measurement: greater measurement diversity and improved alignment with firm strategy and value…
Market Effects of Recognition and Disclosure
Our recognition and disclosure model reveals that price informativeness is determined by the interaction of the qualities of three information sources—the recognized amount, the disclosed information, and the information revealed by price—and…
The fog of change: Opacity and asperity in organizations
Initial architectural change in organizations often induces other subsequent changes, generating lengthy cascades of changes in subordinate units. This article extends a formal model of cascading organizational change by examining the…
The Practice of Supply Chain Management: Where Theory and Application Converge
“For over a decade, there has been an increasing interest in the use of supply chain methods to improve performance across the entire business enterprise. Numerous industries have recognized the importance of efficient supply chain integration,…
For-Profit Hospitals Lead to Gains in Productivity
No abstract is available for this article.
Affine Processes and Applications in Finance
Collateral Constraints and the Amplification Mechanism
Kiyotaki and Moore (J. Polit. Economy 105 (1997) 211) have offered a theory for how common shocks to credit-constrained firms are amplified through changes in collateral values and transmitted as fluctuations in output. I clarify and extend their…
Management of the Loss Reserve Accrual and the Distribution of Earnings in the Property-Casualty Insurance Industry
We document that property-casualty insurers with small positive earnings understate loss reserves relative to insurers with small negative earnings. Furthermore, loss reserves are managed across the entire distribution of earnings, with the most…
The negative impact of perceiving discrimination on collective well-being: The mediating role of perceived ingroup status.
Previous research has found that, among stigmatized group members, perceiving discrimination against the ingroup simultaneously yields a positive indirect effect on self-worth (mediated by ingroup identification) and a negative direct effect (…