Publications

This paper models the information acquisition process in an intertemporal rational expectations framework. It demonstrates that equilibria do not generally exist in intertemporal economies in which agents are assumed to know the state-contingent…

This paper explores the social processes that underlie conformity with legitimate systems of classification. I address two weaknesses in research on such isomorphism: a failure to demonstrate that deviation from accepted practice generates…

This paper examines the question of whether the strongest organizations survive, distinguishing between two aspects of organizational strength. An organization can be strong, as measured by its survival chances. Or an organization can be…

The objective of this research is to assess the cross-cultural generalizability of persuasion effects predicted by dual process models. In two experiments, the impact of motivation, congruity of persuasive communication and the diagnosticity of…

We investigate the productivity effects of innovative employment practices using data from a sample of 36 homogeneous steel production lines owned by 17 companies. The productivity regressions demonstrate that lines using a set of innovative work…

The bureaucratic form of organization has proliferated throughout the industrialized world. It is the rare institution that does not evolve some sort of organizational hierarchy and division of labor once it attains a certain size…

Considerable research in consumer experimental psychology has examined the self-expressive role of brands, but has found little support for the premise that the interaction of the personality traits associated with a brand and those associated…

PAGE95 is a computer simulation model developed in 1992 for policy analysis of the global warming problem. This paper surveys key developments in understanding the global warming problem that have occurred since 1992. For example, anthropogenic…

Institutional investors, who now own a significant portion of equity in U.S. firms, are often described as transient and myopic owners with no incentives to involve themselves in governance. We examine the validity of this assertion by examining…

This essay asserts that, although qualitative methods now enjoy wide legitimacy among organizational researchers, there are still times when it is best to conceal or downplay the role that qualitative data played in developing an author’s ideas.…

We usually assume increases in supply, allocation by rationing, and exclusion of potential buyers will never raise prices. But all of these activities raise the expected price in an important set of cases when common-value assets are sold.…

Empirically it appears that while investing heavily in internal R&D, established corporations are playing only a relatively minor role in the financing of entrepreneurial companies, even if there seem to be ‘strategic’ reasons that would…

When organizations make important changes, such as introducing new products, they may gain strategic advantage but they also experience disruptions. We argue that these disruptions are especially strong when organizations introduce multiple…

This paper examines the effect of investment banks’ underwriting relationships on the earnings forecasts and recommendations of their financial analysts.

In this paper we explore an additional reason for the exodus and the persistence of gender inequality in organizations. This paper’s focus on high ranking executive women allow us to separate the effects of formal power and gender. These women…

In this survey, we review the recent theoretical and empirical literature on household saving and consumption. The discussion is structured around a list of motives for saving and how well the standard theory captures these motives. We show that…

This study explored the effects of social capital, measured both absolutely and relatively, on CEO compensation in a sample of 61 CEO-compensation committee chairperson dyads. We controlled for variables representing economic, social…

In this paper we propose a method for optimizing convex performance functions in stochastic systems. These functions can include expected performance in static systems and steady-state performance in discrete-event dynamic systems; they may…

 Risk aversion enters many theoretical models of human capital in- vestment, but attitudes toward risk have not been incorporated in empirical models of human capital investment. This article develops a model of the joint investment in…