Publications

A decision support system to evaluate and formulate business portfolio strategies is proposed. Strategies are expressed in terms of market share objectives to be achieved in each of the N business units in the portfolio. STRATPORT evaluates a…

We propose a new criterion for equilibria of extensive games, in the spirit of Selten’s perfectness criteria. This criterion requires that players’ strategies be sequentially rational: Every decision must be part of an optimal strategy for…

Previous tests of the permanent income hypothesis (PIH) have focused on either nondurables or durables expenditures in isolation. This paper studies consumer purchases of nondurables and durables as the outcome of a single optimization problem.…

Experiments on the use of electricity data as an unobtrusive measure of household behaviour during breaks in television programmes have provided some new insights.Whilst confirming much of accepted “presence” research, there is a clear indication…

Research on capital market efficiency continues to have an important impact on the accounting and finance literatures. This paper covers five topics related to market efficiency: I. Alternative viewpoints on what is meant by market efficiency, II…

This is a research on how corporate financial reporting practices are influenced by such environmental (to accounting) factors as the capital market institutions, the legal system and management behavior. International comparison provides an…

Firms need both diversity and order in strategy for their continued survival. Corporate entrepreneurship is the process through which organizations turn diversity, autonomously generated by their entrepreneurial operational level participants,…

Abstract not available.

Abstract not available.

Few strategy concepts have gained wider acceptance than the notion underlying the experience curve, that real unit costs decline systematically with increases in cumulative volume. The logic is appealing, the empirical support seems persuasive…

No additional information is available at this time.

Operational improvements in the short-run scheduling of electric power generation can accrue considerable economic and fossil-fuel savings. This study has undertaken an evaluation of the worth and practicality of using “stochastic linear…

Emotion and persuasion is an old topic in psychology and a difficult one to apply to advertising. Affect appears to have four possible effects on “learning” from advertising and a direct effect on advertising effectiveness in low depth-of-…

This study examines firms’ behavior with respect to the systematic intraday timing of earnings and dividend announcements. In particular, it tests the hypothesis that good news is more likely to be released when the security markets are open…

This paper provides details and derivations that support Porteus [1982].