Publications

This article focuses on self-blame in victims of violence. Various types of victim self-blame are delineated (e.g., blame for causing the violence, blame for not being able to modify the violence and blame for tolerating the violence) and…

A buyer and a seller are engaged in the trade of a single object. Each agent has private information about his preferences and is impatient in that delaying agreement is costly. In such a setting, a sequential bargaining mechanism is defined as a…

This paper reports the findings of an exploratory study, examining strategic management tasks and practices of ten electronics firms in Northern California. These firms confront two significant challenges: first, their operating environment is…

One purpose of this paper is to present an explanation of these findings based on a theory in which target management may use its private information about the “true” value of the target in a strategy to resist tender offers._x000B__x000B_A…

For successful long-term growth of the firm, its strategy has to be out of balance with the firms resources from time to time. In particular, the firm needs to overextend itself from time to time, by adopting such a strategy which is somewhat…

This study provides a test of the relationship between changes in a firm’s disclosure environment and its security price behavior. The initiation of interim reporting is examined. Theory suggests that the marginal information content of an annual…

This paper reports results of a High Earners Scale for a sample of the Stanford MBA class of 1962 at 20 years out of school. The coefficient of correlation was .44, significant at the .01 level of confidence for 54 men. There were few women in…

This paper examines the effects of Broad Tape news releases of earnings and dividend announcements on three aspects of intraday stock price behavior: mean returns, return variance, and serial correlation in consecutive price changes. The initial…

Organizational cultures, and in particular stories, carry a claim to uniqueness - that an institution is unlike any other. This paper argues that a culture’s claim to uniqueness is, paradoxically, expressed through cultural manifestations, such…

This paper reexamines, and significantly modifies, Lazear and Rosens (1981) negative result, concerning the effect of ex ante heterogeneity of workers on the attainability of first-best efficiency using tournament contracts, even for risk-neutral…

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Conducted 3 studies with 158 3rd graders to examine a cognitive model of how children terminate self-imposed delay of gratification when a preferred but delayed reward is pitted against an immediately available nonpreferred reward. According to…