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Journal Articles

View peer-reviewed research by Stanford GSB faculty, published in leading journals across the business disciplines.

Books

View books written or edited by Stanford GSB faculty, from textbooks to books for a wider audience.

Working Papers

View scholarly works-in-progress by Stanford GSB faculty, which often appear in final form in academic journals.

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View abstract and ordering information for case studies written and published by faculty at Stanford GSB.

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Working Paper

Culture in Large and Small Organizations: Perceptions, Beliefs and Experiences

Glenn R. Carroll, Lara Yang
January2023

We attempt here to make some progress on developing a fuller understanding of the relationship between organizational size and culture. In doing so, we report on a survey we administered to a sample of full-time workers (men and women) in the US…

Journal Article

A Deep-Learning Model of Prescient Ideas Demonstrates That They Emerge from the Periphery

Paul Vicinanza, Amir Goldberg, Sameer B. Srivastava
PNAS Nexus January2023 Vol. 2 Issue 1

Where do prescient ideas — those that initially challenge conventional assumptions but later achieve widespread acceptance — come from? Although their outcomes in the form of technical innovation are readily observed, the underlying ideas that…

Journal Article

Digital Public Health Interventions at Scale: The Impact of Social Media Advertising on Beliefs and Outcomes Related to COVID Vaccines

Susan Athey, Kristen Grabarz, Michael Luca, Nils Wernerfelt
Proceedings of the National Academy of Sciences January2023 Vol. 120 Issue 5

Public health organizations increasingly use social media advertising campaigns in pursuit of public health goals. In this paper, we evaluate the impact of about $40 million of social media advertisements that were run and experimentally tested…

Journal Article

Epidemic Responses under Uncertainty

Michael Barnett, Greg Buchak, Constantine Yannelis
Proceedings of the National Academy of Sciences January2023 Vol. 120 Issue 2

We examine how policymakers react to a pandemic with uncertainty around key epidemiological and economic policy parameters by embedding a macroeconomic SIR model in a robust control framework. Uncertainty about disease virulence and severity…

Journal Article

Evolution in Value Relevance of Accounting Information

Mary E. Barth, Ken Li, Charles McClure
The Accounting Review January2023 Vol. 98 Issue 1 Pages 1–28.

We address how value relevance of accounting information evolved as the new economy developed. Prior research concludes accounting information — primarily earnings — has lost relevance. We consider more accounting items and find no decline in…

Journal Article

Getting Unstuck: The Effects of Growth Mindsets about the Self and Job on Happiness at Work

Justin M. Berg, Amy Wrzesniewski, Adam M. Grant, Jennifer Kurkoski, Brian Welle
Journal of Applied Psychology January2023 Vol. 108 Issue 1 Pages 152–166.

Past research on growth mindsets has focused on the benefits of viewing the self as flexible rather than fixed. We propose that employees can make more substantial agentic changes to their work experiences if they also hold growth mindsets about…

Journal Article

Hey Siri, I Love You: People Feel More Attached to Gendered Technology

Ashley Martin, Malia F. Mason
Journal of Experimental Social Psychology January2023 Vol. 104

Debate abounds regarding the role that various technologies play in the reification of gender stereotypes and norms. We demonstrate that although assigning technology a male or female gender (i.e., gendering technology) increases …

Working Paper

Homemade Foreign Trading

Zhiguo He, Yuehan Wang, Xiaoquan Zhu
January2023

Using cross-border holding data from all custodians in China’s Stock Connect, we provide evidence that Chinese mainland insiders tend to evade the see-through surveillance by round-tripping via the Stock Connect program. After the regulatory…

Journal Article

How Should We Think about Replicating Observational Studies? A Reply to Fowler and Montagnes

Matthew H. Graham, Gregory A. Huber, Neil Malhotra, Cecilia Hyunjung Mo
The Journal of Politics January2023 Vol. 85 Issue 1

In their reply to our article, “Irrelevant Events and Voting Behavior,” Fowler and Montagnes reanalyze our replication study of college football’s effect on election outcomes. Although we agree with Fowler and Montagnes that the evidence…

Journal Article

How Tilly's WUNC Works: Bystander Evaluations of Social Movement Signals Lead to Mobilization

Erica Bailey, Dan Wang, Sarah A. Soule, Hayagreeva Rao
American Journal of Sociology January2023 Vol. 128 Issue 4 Pages 1206–1262.

Social movements must mobilize participation from bystanders to survive, yet there is little research on how bystanders’ evaluations of social movements predict their likelihood to join. Charles Tilly offered a four-part theoretical “scorecard”…

Working Paper

Investor Composition and Overreaction

Michael Blank, Spencer Yongwook Kwon, Johnny Tang
January2023

Do stock price run-ups predictably revert? We develop a model of financial markets with two types of investors: rational investors and “oversensitive” investors who react excessively to salient public news. The model yields a summary statistic…

Journal Article

Irrelevant Events and Voting Behavior: Replications Using Principles from Open Science

Matthew H. Graham, Gregory A. Huber, Neil Malhotra, Cecilia Hyunjung Mo
The Journal of Politics January2023 Vol. 85 Issue 1

How well do voters hold politicians accountable? Although a long-standing research tradition claims that elections are effective tools for the sanctioning and selection of leaders, a more recent literature argues that voters often reward and…

Journal Article

Offline Multi-Action Policy Learning: Generalization and Optimization

Zhengyuan Zhou, Susan Athey, Stefan Wager
Operations Research January2023 Vol. 71 Issue 1 Pages 1–395.

In many settings, a decision maker wishes to learn a rule, or policy, that maps from observable characteristics of an individual to an action. Examples include selecting offers, prices, advertisements, or emails to send to consumers, choosing a…

Working Paper

Organizational Capacity and Project Dynamics

Dana Foarta, Michael M. Ting
January2023

This paper provides a dynamic theory of the effects of organizational capacity on public policy. Consistent with prevailing accounts, a bureaucratic organization with higher capacity, i.e., a better ability to get things done, is more likely to…

Journal Article

Pledge-And-Review Bargaining

Bård Harstad
Journal of Economic Theory January2023 Vol. 207

This paper presents a novel dynamic bargaining game where every party is proposing only its own contribution, before all pledges must be unanimously approved. I show that, with uncertain tolerance for delay, each equilibrium pledge maximizes an…

Journal Article

Social Norms and Behavior Change: The Interdisciplinary Research Frontier

Cristina Bicchieri, Eugen Dimant, Michele J. Gelfand, Silvia Sonderegger
Journal of Economic Behavior & Organization January2023 Vol. 205 Pages A4–A7.

Where there is behavior there are social norms. Social norms are a key feature of societies, and their adherence is crucial to sustaining social order. This special issue brings together research at the interdisciplinary research frontier…

Working Paper

Sophisticated Consumers with Inertia: Long-Term Implications from a Large-Scale Field Experiment

Klaus M. Miller, Navdeep S. Sahni, Avner Strulov-Shlain
January2023

Consumer inertia, the tendency to remain inactive, is a robust and well-documented phenomenon. However, if consumers are aware of their future inertia they can act to mitigate its effects on their outcomes. Using a large-scale randomized field…

Journal Article

The Dynamics of Integration and Integrated Care: An Exploratory Study of Physician Organizations

Jonathan R. Clark, Maike Tietschert, Michaela Kerrissey, Mark Friedberg, Sara Singer
Health Care Management Review January2023 Vol. 48 Issue 1 Pages 92–108.

Background

Substantial variation exists in how well health care is integrated, even across similarly structured organizations, yet research about what physician organizations (POs) do that enables or inhibits integrated care is limited…

Book

The Fiscal Theory of the Price Level

John H. Cochrane
Princeton University Press January2023

Where do inflation and deflation ultimately come from? The fiscal theory of the price level offers a simple answer: Prices adjust so that the real value of government debt equals the present value of taxes less spending. Inflation breaks out when…

Journal Article

What We (Do Not) Know About Punishment Across Organizational Boundaries

Erin Frey, Gabrielle S. Adams, Jeffrey Pfeffer
Journal of Management January2023 Vol. 49 Issue 1 Pages 196–236.

Though organizational scholars have studied punishment for decades, recent examples of punishment in organizations cannot be fully explained by the scholarly literature. This may be because much of our prior understanding of punishment has been…