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Testing Theories of Congressional—Presidential Interaction with Veto Override Rates
The ability to veto legislation is the most important formal power of the presidency in the legislative process, and presidents’ veto behavior has thus attracted a great deal of theoretical interest. Game-theoretic models of congressional—…
The Association of Religiosity and Political Conservatism and Pro-Social Orientation: The Role of Political Engagement
This research examines the hypothesis that religiosity has two competing psychological influences on the social welfare attitudes of contemporary Americans. On the one hand, religiosity promotes a culturally based conservative identity,…
The East Meets West Foundation: Expanding Organizational Capacity
The East Meets West Foundation (EMW) is an international development agency with the mission to transform the health, education, and communities of disadvantaged people in Asia. Through its Breath of Life (BOL) program, EMW provides a complete…
The Economic Evaluation of Time: Organizational Causes and Individual Consequences
People acquire ways of thinking about time partly in and from work organizations, where the control and measurement of time use is a prominent feature of modern management an inevitable consequence of employees selling their time for money. In…
The Effect of Income on the Importance of Money: Survey and Experimental Evidence
The authors investigate how both the amount and source of income affects the importance placed on money using a longitudinal analysis of the British Household Panel Survey and evidence from two laboratory experiments. Larger amounts of money…
The Efficacy of Shareholder Voting: Evidence from Equity Compensation Plans
This study examines the effects of shareholder support for equity compensation plans on subsequent chief executive officer (CEO) compensation. Using cross-sectional regression, instrumental variable, and regression discontinuity research designs…
The JaipurKnee Project I: Getting the Need Right
When a team at Stanford University accepted a challenge to design a low-cost prosthetic knee joint that could be produced locally for use in the JaipurFoot Organization’s clinics across India, the students were eager to dive into the technical…
The JaipurKnee Project II: Scaling up the Business
When a team at Stanford University accepted a challenge to design a low-cost prosthetic knee joint that could be produced locally for use in the JaipurFoot Organization’s clinics across India, the students thoroughly researched the problem,…
The LASSO risk for gaussian matrices
We consider the problem of learning a coefficient vector x_0\in RN from noisy linear observation y+Ax_0+w\in RN . In many contexts (ranging from model selection to image processing) it is desirable to construct a sparse estimator x’. In this case…
The Next Convergence: The Future of Economic Growth in a Multispeed World
With the British Industrial Revolution, part of the world’s population started to experience extraordinary economic growth leading to enormous gaps in wealth and living standards between the industrialized West and the rest of the world. This…
The Perilous Life of Symphony Orchestras: Artistic Triumphs and Economic Challenges
This book analyzes the economic challenges facing U.S. symphony orchestras and contrasts the experience of orchestras in the United States (where there is little direct government support) and abroad (where governments typically provide large…
The Relation Between Equity Incentives and Misreporting: The Role of Risk-Taking Incentives
Prior research argues that a manager whose wealth is more sensitive to changes in the firms stock price has a greater incentive to misreport. However, if the manager is risk-averse and misreporting increases both equity values and equity risk,…
The Rise of Social Capital Market Intermediaries
Donors and grantmakers are allocating money more efficiently, thanks to the emergence of information and funding intermediaries such as Philanthropedia and Network for Good.
The Role of Accounting in the Financial Crisis
The Voter's Blunt Tool
When do voters win? In this paper we derive conditions under which a democracy will produce policies that favor the voter over special interests. We show that increasing political competition, increasing office holding benefits, decreasing…
Toward an Ecology of Market Categories
This paper proposes that social categorization is driven by an ecological dynamic that operates in two planes: feature space and category space. It develops a theoretical model that links positions in feature space to label assignments in…
Trust Restoration: Enduring Problems, Emerging Perspectives
Variability in Emissions Cost: Implications for Facility Location, Production and Trade.
We incorporate a stochastic cost for emissions into Venables’ widely-used model of international trade for a single product. Region 1 has climate policy and Region 2 does not. Each region has a distinct variable cost…
What If You Could Make Your Giving Matter More?
When Others Cross Psychological Distance to Help: Highlighting Prosocial Actions toward Outgroups Encourages Philanthropy
Prior research has found several factors that affect people’s willingness to participate in philanthropy. In the present article, we explore whether people feel more inspired to engage in philanthropy after learning about individuals who help…