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Consumption Symbols as Carriers of Culture
This research argues that the meaning embedded in consumption symbols, such as commercial brands, can serve to represent and institutionalize the values and beliefs of a culture. Relying on a combined emic-etic approach, the authors conducted 4…
Consumption Symbols as Carriers of Culture: A Study of Japanese and Spanish Brand Personality Constructs
This research argues that the meaning embedded in consumption symbols, such as commercial brands, can serve to represent and institutionalize the values and beliefs of a culture. We conducted four studies to examine how the symbolic and…
Controlling Investment Decisions: Depreciation and Capital Charges
Abstract not available.
Culture Dependent Assimilation and Differentiation of the Self: Preferences for Consumption Symbols in the United States and China
In two studies, we investigate how differences in self-construal patterns affect preferences for consumption symbols through the process of self expression. The results of Study 1 demonstrate that individuals with a dominant independent self-…
Culture-Dependent Assimilation and Differentiation of the Self
In two studies, we investigate how differences in self-construal patters affect preferences for consumption symbols through the process of self-expression. The results of Study 1 demonstrate that individuals with a dominant independent self-…
Discrete Choice Models as Structural Models of Demand: Some Economic Implications of Common Approaches
We derive some theoretical economic properties of standard discrete choice econometric models that we believe are undesirable if the models are to be used as structural models of demand. We show that many standard models have the following…
Disrespect and the Experience of Injustice
This review analyzes research and theory pertaining to the psychology of injustice, using as its organizing theme the role that the perception of disrespect plays in the experience of injustice. The analysis focuses primarily on the links between…
Do FRR 48 Disclosures Reduce Investors' Uncertainty and Diversity of Opinion about Firms' Market Risk Exposures?: A Trading Volume Analysis
This paper examines whether mandated market risk disclosures under the SEC Financial Reporting Release No. 48 (FRR 48) provide useful information to investors regarding firms’ risk exposures. To provide evidence on this issue we investigate…
Dynamic Asset Pricing Theory
This is a thoroughly updated edition of Dynamic Asset Pricing Theory, the standard text for doctoral students and researchers on the theory of asset pricing and portfolio selection in multiperiod settings under uncertainty. The…
Earning The Right To Indulge: Effort As A Determinant Of Customer Preferences Towards Frequency Program Rewards
Although frequency programs (FPs) have become ubiquitous in the marketplace and a key marketing mix tool for promoting customer relationship and loyalty, we still know very little about the factors that determine how such programs are evaluated…
Earnouts: The Effects of Adverse Selection and Agency Costs on Acquisition Techniques
We examine the effects of adverse selection and agency costs on the structure of the consideration offered in an acquisition. Specifically we investigate factors affecting the benefits arising from use of earnouts. We find that when targets have…
Economics and Electronic Commerce
Educational Production
Classroom education has public good aspects. The technology is such that when one student disrupts the class, learning is reduced for all other students. A disruption model of educational production is presented. It is shown that optimal class…
Export Assistance, Price Adaptation to the Foreign Market, and Annual Export Performance Improvement: A Structural Model Examination
The increasing amount of export assistance provided to firms of rich and poor countries, shows the high priority given by national and international policy makers to the encouragement of international trade. Despite this, relatively few…
Fighting the War for Talent is Hazardous to Your Organization's Health
Because we live in an economy in which all work is becoming knowledge work and in which intellectual capital is important for company success and, indeed, its value in the capital markets, there is an assumption that the company with the best…
Financial Market Rates and Flows (6th edition)
This book provides a conceptual basis about interest rates, how they behave with changing market conditions, and how risk can be managed. We are concerned not only with primary securities, like Treasury and corporate bonds, but with derivative…
For Charities, Performance is the New Ethic
Golden rules and leaden worlds: Exploring the limitations of Tit-for-Tat as a social decision rule
Heavy Traffic Analysis of Dynamic Cyclic Policies: A Unified Treatment of the Single Machine Scheduling Problem
This paper examines how setups, due dates, and the mix of standardized and customized products affect the scheduling of a single machine operating in a dynamic and stochastic environment. We restrict ourselves to the class of dynamic cyclic…