Publications

Several decades of research on the psychology of justice leads one to the almost overwhelming conclusion that people generally prefer to believe that the social system to which they belong is fair, legitimate, and justifiable than that it is…

Common culture and common language facilitate trade between people. Minorities have incentives to become assimilated and to learn the majority language so that they have a larger pool of potential trading partners. The value of assimilation is…

We investigate a simple dynamic model of firm behavior in which firms compete by investing in capacity that is used to provide a good or service to their customers. There is a fixed total market of customers whose demands for the good or service…

In this paper we present a canonical setting that illustrate the need for explicitly modeling interactions between manufacturing and marketing/sales decisions in a firm. We consider a single firm that sells an innovative product with a given…

Stock market liberalizations lead private investment booms. In a sample of 11 developing countries that liberalized, 9 experience growth rates of private investment above their non-liberalization median in the first year after liberalizing. In…

This paper presents a finite-horizon, game-theoretic model of the dynamics of multidimensional collective choice and a set of analytical and computational results characterizing those dynamics. The focus is on continuing collective goods programs…

Consider a data communication network owned and operated by a single organization. The network has an infinite number of small users and is managed by a system manager (SM) whose objective is to maximize the net value of the system as a whole.…

In this chapter, the authors review estimation techniques for macro diffusion models. The chapter begins by discussing estimation of single equation models under the assumption of time invariant parameters. The authors then focus on recent models…

Background. There is sufficient cadaveric kidney supply to meet the demands of suitable transplant candidates. The comparative equity and efficiency characteristics of alternative organ allocation strategies have not been rigorously examined.…

Most theories of interpersonal and intergroup behavior stress the role of self-serving and group-serving motives in the choice of procedures for allocating resources and determining representation. The present research suggests that such motives…

The de-diversification activity of publicly-held, American firms from 1985-1994 is examined. Prominent accounts of such behavior depict firm as returning to traditional, largely efficiency-based, patterns of diversification. This paper highlights…

We analyze a model of voluntary disclosure by firms in financial market and the desirability of disclosure regulation. In our model firms choose the precision of their disclosure. Disclosure is costly and has private and social value. First we…

Over the last three decades, there has been a substantial shift in financial market policy towards the promotion of financial liberalization. Policy makers around the globe have been preoccupied with deregulating interest rates, lifting…

This paper discusses some fundamental issues for marketing in the new millennium as the organizing framework for this special issue. These issues also provided the framework for the MSI conference on this topic. The fundamental issues address the…

Adopting a multidimensional approach to the measurement and conceptualization of “social dominance orientation” (Pratto, Sidanius, Stallworth, and Malle, 1994), we argue for the existence of two related ideological factors, one that measures…

This article examines how consumer decision making is influenced by automatically evoked task‐induced affect and by cognitions that are generated in a more controlled manner on exposure to alternatives in a choice task. Across two experiments…