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A Status-Based Model of Market Competition
This paper explores the significance of status processes for generating and reproducing hierarchy among producers in a market. A producer’s status is defined as the degree to which market participants perceive the quality of its product to be…
Strategic Testing and an Employee's Span of Action
This paper examines the differences in an internal auditor’s (a firm’s ) equilibrium testing strategy when employees have different abilities to steal from line items. I contrast two models. In the strategic employee model there are two employees…
Testing for Probabilistic Independence in Consideration of Ready-to-Eat Cereals
We examine the assumption of the probabilistic independence of consideration of different brands in the marketplace for a market with substantial product differentiation. Our hypothesis is that probabilistic independence may not hold in such a…
The Creative Spirit
An exploration of creativity illustrates its nature, discusses such issues as flow states, cutting-edge thinkers, creativity enhancement, the human potential for creativity, and more.
The Dynamics of Competitive Intensity
Organizations have different competitive abilities. Theory predicts that this variation will follow a general pattern: whether through learning or selection, older organizations — on average — will have greater competitive strength. Furthermore,…
The Effects of Corporate Images and Branding Strategies on New Product Evaluations
Abstract not available.
The Emergence and Stability of Cooperation
We establish conditions under which cooperative strategies will stabilize in conflict situations modelled as tournaments of iterated Prisoner’s Dilemma (IPD) games. Our results resolve the controversy over the issue of stability of cooperative…
The Jackson Hole Initiatives for a Twenty-First Century American Health Care System
The Liability of Collective Action: Growth and Change Among Early American Telephone Companies
The advantages of collective action by organizations are discussed often, but no attention has been paid to the possibility that engaging in collective action can make organizations less viable. In this paper, I explain that a liability of…
The Social Character of Economic Exchange
Sociological work on markets has called into question the validity of certain traditionally accepted distinctions between social and economic exchange. Work in this area has shown economic exchange to be structural in the sense stressed by…
The Social Context of Negotiation: Effects of Social Identify and Accountability on Negotiator Decision Making
The present research investigates how social identification and interpersonal accountability affect decision making during negotiations. We hypothesize that when a share social identity is salient and feelings of interpersonal accountability…
The Story of Business Ethics
The Time-Variation of Expected Returns and Volatility in Foreign Exchange Markets
This paper documents and analyzes the time-variation in conditional means and variances of monthly and quarterly excess dollar returns on Euroyen, pound and mark investments. A vector autoregressive framework with weekly sampled data on exchange…
Warranty Policy and Extended Service Contracts: Theory and Application to Automobiles
This paper characterizes the manufacturer warranty policy and its effect on consumer behavior under the following conditions: consumers are heterogeneous in risk preferences, consumer actions affecting the probability of warranty redemption are…
When Small Effects Are Impressive
Effect size is becoming an increasingly popular measure of the importance of an effect, both in individual studies and in meta-analyses. However, a large effect size is not the only way to demonstrate that an effect is important. This article…
When is Vertical Foreclosure Vertical?: Reply
Individual Differences in Response to Consumer Promotions
This research hypothesizes important individual differences in response to promotions and tests for them using a cross-sectional multinomial logit choice model. Our hypotheses suggest interactions between individual brand preference and the…
Reframing Organizational Culture
With this follow-up to Organizational Culture (Sage 1985), the editors continue their study of the interaction between investigation and the subject of inquiry. The editors have included a variety of frames as tools that allow readers…
Intraorganizational Ecology of Strategy Making and Organizational Adaptation: Theory and Field Research
This paper presents an intraorganizational ecological perspective on strategy making, and examines how internal selection may combine with external selection to explain organizational change and survival. The perspective serves to illuminate data…
Relative Measurement Errors Among Alternative Pension Asset and Liability Measures
This study investigates the measures of pension assets and liabilities disclosed under SFAS 87 to determine which most closely reflect those that investors implicitly assess when they value the firm. Several measures considered to have conceptual…