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Information and Competition in U.S. Forest Service Timber Auctions
This paper analyzes the role of private information in U.S. Forest Service timber auctions. In these auctions, firms bid a per unit price for each timber species. Total bids are computed by multiplying these prices by Forest Service volume…
Investment and Market Dominance
We analyze a model of oligopolistic competition with ongoing investment. Special cases include incremental investment, patent races, learning by doing, and network externalities. We investigate circumstances under which a firm with low costs or…
Recycling the Garbage Can: An Assessment of the Research Program
The garbage can theory of organizational choice is one of the best-known innovations in modern organization theory. It also has significantly shaped a major branch of the new institutionalism. Yet, the theory has not received the systematic…
Think Unto Others...The Self-destructive Impact of Negative Racial Stereotypes
Although much research on stereotyping has documented significant negative consequences for the targets of unfavorable racial stereotypes, relatively little work has examined negative implications for the holders of such stereotypes. The present…
Accruals and the Prediction of Future Cash Flows
Building on the Dechow et al. (1998) model of the accrual process, this study investigates the role of accruals in predicting future cash flows. The model shows that each accrual component reflects different information relating to future cash…
Financial Management and Policy (12th edition)
Highly respected for its effective integration of financial theory and practice, this classic book explores the rapidly evolving and exciting theory of finance as it relates to a corporation’s investment in assets, financing, and dividends,…
Quantifying and Managing Supply Chain Greenhouse Gas Emissions
Supply chain managers face a rapidly evolving and often bewildering array of competing standards, approaches and regulations. They require practical approaches to quantifying greenhouse gas emissions, both for voluntary disclosure and management…
Risk and Valuation of Collateralized Debt Obligations
Winning the Last Mile of E-Commerce
Allocation of Access Rights to Rail Network Infrastructure
Access rights on a transmission network possess high degree of inherent differentiation. On a rail network this is further complicated by the need to meet feasibility constraints in scheduling. Common approaches to access pricing focus on…
An Empirical Analysis of the SEC's 1992 Proxy Reforms on Executive Compensation
We examine the SEC’s 1992 proxy reforms that expanded the amount of information about executive pay that is required to be disclosed in corporate proxy statements and permitted shareholders to file proxy proposals about executive compensation.…
An Extreme-Value Model of Concept Testing
We model concept testing in new product development as a search for the most profitable solution to a design problem. When allocating resources, developers must balance the cost of testing multiple designs against the potential profits that may…
An Industry Explanation of Global Account Management
Using globalization and contingency theory, this paper develops a model of global account management (GAM). The model comprises the multinational suppliers industry globalization drivers, the multinational customers extent of globally coordinated…
Architecture of Power Markets
Liberalization of infrastructure industries presents classic economic issues about how organization and procedure affect market performance. These issues are examined in wholesale power markets. The perspective from game theory complements…
Aspiration-Based Reinforcement Learning in Repeated Interaction Games: An Overview
In models of aspiration-based reinforcement learning, agents adapt by comparing payoffs achieved from actions chosen in the past with an aspiration level. Though such models are well-established in behavioral psychology, only recently have they…
Between Two Worlds: Dynamics and Integration of Western and Chinese Values in Hong Kong
The present research investigated how host and foreign cultures impacted on multiply enculturated individuals, specifically on how they integrate values from foreign cultures. We argued that whether foreign values are integrated into an…
Business and the Spirit: Management Practices that Sustain Values
No abstract available
Church on Sunday, Work on Monday: The Challenge of Fusing Christian Values with Business Life
Must business people leave their Christian values at church?
While many business people have a strong and growing interest in the relationship between work and spirit, few find the church to be a resource in their…
Competitive Reactions and Modes of Competitive Reasoning: Down-Playing the Unpredictable?
Although prescriptive models of strategic decision-making abound, little is known about how managers actually reason about competitors when they make decisions. Recent empirical research describes how/why rivals react to a firms past actions, but…
Concepts for Improving the Dynamics of Passenger Cars by means of Cooperating Control Systems
With today’s vehicle dynamics control systems, it is possible to improve the behaviour of passenger cars in various ways. In this article by researchers from the TU Braunschweig, superimposed front steering, additional rear steering and…