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Too Much of a Good Thing? Product Proliferation and Organizational Failure
When organizations make important changes, such as introducing products based on new technologies, they may gain strategic advantages but they also experience disruptions. We argue that these disruptions are especially strong when organizations…
Trust and distrust in intergroup negotiations
Trust as shallow morality
Why Do Firms Use Incentives That Have No Incentive Effects?
This paper illustrates why firms might choose to implement stock option plans or other pay instruments that reward “luck.” I consider a model where adjusting compensation contracts is costly (or wages are rigid) and where agents’ outside…
Why Organizations Don’t “Know What They Know”: Cognitive and Motivational Factors Affecting the Transfer of Expertise
In today’s economy, competitive success is increasingly based on possessing knowledge and intellectual capital rather than financial or other “hard” assets.
Why Should Marketing and Manufacturing Work Together? Some Exploratory Empirical
This paper presents an exploratory investigation of the Manufacturing/Marketing (hereafter M/M) interface. From the literature and prior empirical work in M/M strategies, we propose a path model for assessing the mediating impact of the M/M…
Implementation of an Option Pricing-Based Bond Valuation Model for Corporate Debt and Its Components
This paper describes the binomial option pricing-based bond value estimation procedure used in our study, “Option Pricing-Based Bond Value Estimates and a Fundamental Components Approach to Account fro Corporate Debt.” (Barth et al. 1998).…
A review of “Capital Ideas and Market Realities: Option Replication, Investor Behavior, and Stock Market Crashes,” by Bruce I. Jacobs
Mentoring and Diversity
We study how diversity evolves at a firm with entry-level and upper-level employees who vary in ability and “type” (gender or ethnicity). The ability of entry-level employees is increased by mentoring. An employ receives more mentoring when more…
Hidden Value: How Great Companies Achieve Extraordinary Results with Ordinary People
Discover how the best companies win not by acquiring the right people - but by building the right organization. The ‘war for talent’ is one battle every company believes it should be waging. But while competitors are busy chasing after the same ‘…
Hidden Value: How Great Companies Achieve Extraordinary Performance with Ordinary People
Discover how the best companies win not by acquiring the right people - but by building the right organization. The ‘war for talent’ is one battle every company believes it should be waging. But while competitors are busy chasing after the same ‘…
A Theory of Sales Quotas with Limited Liability and Rent Sharing
Sales quotas are a fixture of sales compensation plans and are often associated with a significant discrete bonus. This article shows that, under certain assumptions about salesperson utility and the distribution of sales outcomes, the…
Layoffs and Litigation
Resource Commitment, Entry Timing, and Market Performance of Foreign Direct Investments in Emerging Economies: The Case of Japanese International Joint Ventures in China
This study examined whether early movers and technology leaders attained superior performance in emerging economic regions. We assessed the determinants and performance consequences of two key aspects of entry strategy, resource commitment…
The Pleasures and Pains of Distinct Self-Construals
Regulatory focus theory distinguishes between self-regulatory processes that focus on promotion and prevention strategies for goal pursuit. Five studies provide support for the hypothesis that these strategies differ for individuals with distinct…
Putting Auction Theory to Work: The Simultaneous Ascending Auction
I review the uses of economic theory in the initial design and later improvement of the “simultaneous ascending auction,” which was developed initially for the sale of radio spectrum licenses in the United States. I analyze some capabilities and…
Troubled Talk and Talking Cures: From “Smart Talk” to Wise Conversations
Interpersonal communications is widely viewed as both a source of conflict in many social relationships and a cure-all for resolving such conflict. Some theorists assert that we simply do not interact, or talk, enough in modern society;…
Accessibility or Diagnosticity?
This research explores the extent to which differences in perceived diagnosticity as compared with differences in the accessibility of associations embedded in persuasion appeals better account for the attitudinal differences found in the culture…
Custom service: Application and tests of resource partitioning theory among Dutch auditing firms from 1886 to 1982
This article examines resource-partitioning theory in organizational ecology in the context of the Dutch auditing industry. The theory predicts that under certain conditions, specialist organizations will proliferate as the overall industry…
The Predictive Power of Internet-Based Product Concept Testing Using Visual Depiction and Animation
One critical step in new product development is selecting from among multiple possible product concepts the one that the firm will carry forward into the marketplace. There is a need for low-cost, parallel testing of the appeal of new product…