Publications

This paper presents a first step towards a new theory of housing market fluctuations. We develop a life-cycle model where agents face credit constraints and their housing consumption is restricted to a discrete set of possibilities. The market…

While increasingly influential, cross-cultural psychology has been critiqued for an overly static, overly integrated conception of culture and for methodological weaknesses, such as reliance on under-controlled quasi-experiments. Responding to…

Prior research indicates that people’s causal explanations depend on the comparison case against which the event is considered. The present research examines the hypothesis that the casual comparison depends on the social category of the actor…

Barbara Bergmann argues that economic gender equity requires equity not only in paid employment, but also in household work. We examine the household task arrangements of a sample of married 1981 graduates of Stanford and Tokyo (Todai)…

Advances in information system technology have had a huge impact on the evolution of supply chain management. As a result of such technological advances, supply chain partners can now work in tight coordination to optimize the chain-wide…

This paper provides a model of integrated market and nonmarket strategies in the context of an industry facing regulatory legislation that differentially affects the firms in the industry. The legislation is chosen in a majority rule institution…

This paper studies the role of intrinsic motivation on optimal incentive contacts. Agents engage in effort to generate projects with both financial return and intrinsic value to the agent. In a neutral environment, where intrinsic motivation has…

There is a strong emphasis in sociological theory on imitation as a basis of firm action. Firms do what others are doing, and the explanations for this effect tend to center on normative pressures, cultural models, and legitimation of activities…

We investigate learning from experience and how it is hindered by threatening accountability. We hypothesize that aviation pilots learn from a “close call” when they respond with self-focused upward counterfactual comparisons - thoughts about how…

We consider a dynamic model of moral hazard in banking to analyze two forms of prudential regulation: capital requirements and deposit rate ceilings. We find that using capital requirements in an economy with freely determined deposit rates…

This paper critically reviews the research on how collective bargaining systems influence macroeconomic performance in industrialized countries. The review considers effects of bargaining level, coordination, and corporatist institutional…

Despite extensive academic research on how to objectively identify competitors, we know relatively little about how managers identify competitors in practice. The authors bring together a diffuse literature in this area and propose a cognitive…

Motivated by the exceptionally high mortality statistics of dialysis patients and the ongoing debate about the adequacy of the current reimbursement for the dialysis in the United States, we pursue a detailed analysis of the dialysis delivery…

In this chapter, we argue that a better understanding of how individuals are affected by national culture is achieved when the subjectivist analysis of internal attitudes is supplemented with the structuralist approach of focusing on the external…

After reformulating Clark and Scarf’s (1960) classical serial multi-echelon model so that the lead time between adjacent echelons is one week (period), the option to expedite between each resulting echelon is added. Thus, each week requires a…

Target marketing is an increasingly crucial component of marketing strategy, particularly given the expanding cultural diversity of the nation’s population. Prior research suggests marketers need to consider the non-target market (consumers who…

In this paper, we rely on a direct question about precautionary wealth from the 1995 and 1998 Survey of Consumer Finances to assess the importance of the precautionary saving motive. Respondents are asked to report directly their desired amount…