Publications

Abstract not available.

Alternative models of optimal capacity expansion are used to develop a series of hypotheses regarding the behavior of capacity utilization. These hypotheses are then tested at the industry level on a large data sample covering 40 chemical…

Abstract not available.

The role of commitment is studied in the context of a multiperiod contracting model in which a supplier has private information about his costs. When the purchaser is able to make commitments for the duration of the relationship, a separating…

Two people, 1 and 2, are said to have common knowledge of an event if both know it, 1 knows that 2 knows it, 2 knows that 1 knows it, 1 knows that 2 knows that 1 knows it, and so on. We provide a Bayesian definition of common knowledge, that is,…

This paper looks at the comparative reliability of different methodological variants of the conjoint analysis procedure. It differs from previous studies in that it looks at three methods of data collection (Full Profile, Trade-Off Matrices and…

This paper argues that despite the considerable number of published studies it is impossible to draw generalizable findings about the reliability and validity of conjoint analysis. To prevent this from happening in the future, this paper…

Protocol analyses of consumers’ choices among multi-attributed products reveal that a two-stage model may be closer to the true process than the single-stage compensatory model implicit in traditional conjoint analysis. A conjunctive stage in…

Ever since the appearance of Bernard Brodie‘s (1959) Strategy in the Missile Age, the fundamental conceptions which have dominated and shaped U.S. theory and policy regarding the utility of strategic weapons have been derived from the theory…

Recent advances in oligopoly theory suggest a number of reasons why excess capacity may be related to entry and market structure. This paper used comprehensive data on 40 chemical products to test a series of hypotheses on the determinants of…

Based on a theory of cognitive structure, a conditional probability model of expectancy-value attitudes was compared to two traditional operationalizations using moral (i.e., good bad) and affective (1.e., pleasant unpleasant) evaluations,…

No additional information in available at this time.

In recent years international trade and international factors such as foreign currency exchange rates have grown in importance in firm-level decisions. The purpose of this paper is to analyze the primary economic factors which determine the way…

A type of an individual is an infinite hierarchy of beliefs—over some state space S, over other individuals’ beliefs over S, and so on. We show that a coherent type determines a belief over S and other individuals’ types, and that common…

Abstract not available.