We empower faculty to design and discover original research that challenges conventions and creates breakthroughs that push boundaries of knowledge.
Publication Types
Journal Articles
Books
Working Papers
Case Studies
Browse Publications
Public Signals and the Equilibrium Allocation of Private Information
Abstract not available.
Simulated Moments Estimation of Markov Models of Asset Prices
This paper provides a simulated moments estimator (SME) of the parameters of dynamic models in which the state vector follows a time-homogeneous Markov process. Conditions are provided for both weak and strong consistency as well as asymptotic…
A Spatial Bargaining Theory of Government Formation in Parliamentary Systems
Abstract not available.
Stationary Markov Equilibria
We establish conditions under which there are equilibria (in various settings) described by ergodic Markov processes with a Borel state space S. Let P(S) denote the probability measures on S, and let s - G(s) C:P(S) be a (possibly empty-valued)…
Strategic Flexibility for High Technology Maneuvers: A Conceptual Framework
Strategic flexibility is proposed as an expedient capability for managing capricious settings, such as those confronted in technology-intensive arenas. This paper examines the historical evolution of the concept of flexibility and analyzes…
Strategic Inventories and the Excess Volatility of Production
Tariffs vs. Quotas with Implicit Collusion
The Expression of Emotion in Organizational Life
The Mochiai Effect: Japanese Corporate Cross-holdings
Abstract not available.
The More the Merrier? Social Psychological Aspects of Multi-Party Negotiations in Organizations
Abstract not available.
Theoretical Issues Concerning the History of International Trade and Economic Development
Abstract not available.
Trade Policy, Development, and the New Political Economy
This paper considers some political economy aspects of trade policy in the less developed countries—more than 30 years on. A more literary title might be “Ideas, Ideology, and Interests.” Writing in the 1950’s Meier and Baldwin [1957], as still…
Trade and the Revelation of Information through Prices and Direct Disclosure
This paper analyzes the volume of trade in a multiperiod noisy rational expectations model. When traders receive private signals at the first trading date and are allowed a second round of trade, two types of equilibria exist. In the first,…
Understanding the Japanese as Customers, Competitors, and Collaborators
Abstract not available.
Wage Effects of Externalized Work: The Case of Temporary and Part-time Employees
Although there has been substantial growth in the proportion of temporary and part-time workers, there has been little research on the consequences of the form of labor contracting. Using the May 1985 version of the Current Population Survey to…
What Makes Markets Efficient? Some Answers from the Laboratory
This study uses laboratory markets to determine how different types of information or different market structures influence a markets informational efficiency. Unlike secondary data studies of market efficiency, in a laboratory the efficiency of…
When a Coincidence Is Suspicious: The Role of Mental Simulation
Five studies examined D. Kahneman and A. Tversky’s (see record 1986-21899-001) hypothesis that events become more “normal” and generate weaker reactions the more strongly they evoke…
When the Going Gets Tough: The Effects of Resource Scarcity on Group Conflict and Cooperation
Abstract not available.
Work Group Demography, Social Integration, and Turnover
Explored the relationships among group demography, social integration of the group, and individual turnover in 79 field representatives from 20 work groups made up of employees of a convenience-store chain. Data were collected in 1979 and at…