| Tax-Subsidized Underpricing: Issuers and Underwriters in the Market for Build America Bonds | | 11/1/2013 |
| Stochastic Input Model Selection | | 10/1/2013 |
| Horizontal Mergers in Multi-Tier Decentralized Supply Chains | | 7/1/2013 |
| Preface to the Special Issue on Energy Modeling | | 5/1/2013 |
| Relaxations of Approximate Linear Programs for the Real Option Management of Commodity Storage | The real option management of commodity conversion assets gives rise to intractable Markov decision processes (MDPs). This intractability is due primarily to the high dimensionality of a commodity forward curve, which is part of the MDP state when using h... | 5/1/2013 |
| Is It More Valuable to Store or Destroy Electricity Surpluses? | A typical strategy for dealing with commodity surpluses is to store them for future sale; though electricity cannot yet be stored on a large scale, this storage strategy will become a natural choice for dealing with
electricity surpluses. However, becau... | 4/1/2013 |
| Predators, Prey and Volatility on Wall Street | | 4/1/2013 |
| Reintegration through Ritual: A Confucian Approach | | 4/1/2013 |
| The Decent Form of Termination: A Moral Case for Severance Pay | | 4/1/2013 |
| The Prescriptive in the Descriptive: The Falsifiability Theorem in Organization Science | | 4/1/2013 |
| Unemployment Crises | A search and matching model, when calibrated to the mean and volatility of unemployment in the postwar sample, can potentially explain the large unemployment dynamics in the Great Depression. The congestion externality induced by matching frictions cause... | 4/1/2013 |
| Joint Merchant Management of Natural Gas Storage and Transport Capacity | Natural gas pipeline systems give merchants the ability to trade natural gas across time and different geographical markets. That is, these systems embed two types of real options: storage and transport. The current literature has studied the management... | 3/1/2013 |
| Merchant Operations: Real Option Management of Commodity and Energy Conversion Assets | The value chain for energy and other commodities entails physical conversions through refineries, power plants, storage facilities, and transportation and other capital-intensive infrastructure. When the operation of such commodity conversion assets occu... | 3/1/2013 |
| Unemployment, Financial Frictions, and the Housing Market | We develop and calibrate a two-sector, search-matching model of the labor market augmented to incorporate a housing market and a frictional goods market. The labor market is divided into a construction sector and a non-housing sector, and there is perfect... | 3/1/2013 |
| An Inventory Theoretic Approach to Rental Systems | | 2/1/2013 |
| Data-Driven Newsvendor: Probabilistic Error Bounds When Demand is Temporally Dependent | | 2/1/2013 |
| Designing Subset-Selection Procedures for Simulation under Input Parameter Uncertainty | | 2/1/2013 |
| Inventory Rebalancing and Vehicle Routing in Bike Sharing Systems | Bike sharing systems have been installed in many cities around the world and are increasing in popularity. A major operational cost driver in these systems is rebalancing the bikes over time such that the appropriate number of bikes and open docks are ava... | 2/1/2013 |
| Maximizing Demand Fulfillment Probability Under Parameter Uncertainty | | 2/1/2013 |
| A Theory of School-Choice Lotteries | | 1/1/2013 |
| From Boston to Chinese Parallel to Deferred Acceptance:
Theory and Experiments on a Family of School Choice Mechanisms | | 1/1/2013 |
| Managing Wind-based Electricity Generation in the Presence of Storage and Transmission Capacity | Managing power generation from wind is conceptually straightforward: generate and sell as much electricity as possible when prices are positive, and do nothing otherwise. However, this strategy leads to curtailment when wind energy exceeds the transmissio... | 1/1/2013 |
| Optimal Energy Procurement in Spot and Forward Markets | Spot and forward purchases for delivery on the usage date play an important role in matching the supply and the uncertain demand of energy, because storage capacity for energy, such as electricity, natural gas, and oil, is limited. Transaction costs tend... | 1/1/2013 |
| Simultaneous Location of Trauma Centers and Helicopters for Emergency Medical Service Planning | | 1/1/2013 |
| The Cyclical Volatility of Labor Markets under Frictional Financial Markets | | 1/1/2013 |
| Explicit and Implicit Incentives for Multiple Agents | | 12/1/2012 |
| Language, Deception and Social Loss in an Investment / Trust Game | | 12/1/2012 |
| The Learning Curve of Knowledge Workers in a Professional Call Center | | 12/1/2012 |
| Two Axiomatic Approaches to the Probabilistic Serial Mechanism | | 12/1/2012 |
| Contracting for On-Time Delivery in the U.S. Influenza Vaccine Supply Chain | | 11/1/2012 |
| Information Transfer: A Network Study of Organizational Information Spread | Previous network diffusion research has focused predominantly on the final step in the process, adoption, rather than the primary step of information acquisition. To explain information acquisition, I propose a theory of novel information transfer based o... | 11/1/2012 |
| On Two Kinds of Manipulation for School Choice Problems | | 11/1/2012 |
| Robust Implementation in Weakly Rationalizable Strategies | | 11/1/2012 |
| The Elusive Promise of Independent Central Banking | | 11/1/2012 |
| Transactive Memory Systems: Micro Foundations of Dynamic Capabilities | | 11/1/2012 |
| Advance Selling in a Supply Chain under Uncertain Supply and Demand | | 10/1/2012 |
| Appeasement:
Pro-hierarchy Dominant Group Members’ Strategic Support for
Redistributive Policies | | 10/1/2012 |
| Guilt proneness and moral character | Guilt proneness is a personality trait indicative of a predisposition to experience negative feelings about personal wrongdoing,
even when the wrongdoing is private. It is characterized by the anticipation of feeling bad about committing transgressions... | 10/1/2012 |
| Copula-Based Multivariate Input Modeling | | 9/1/2012 |
| Merchant Commodity Storage and Term Structure Model Error | Merchants operations involves valuing and hedging the cash flows of commodity and energy conversion assets as real options based on stochastic models that inevitably embed model error. In this paper we quantify how empirically calibrated model errors abou... | 9/1/2012 |
| Real Option Management of Hydrocarbon Cracking Operations | Commodity conversion assets play important economic roles. It is well known that the market value of these assets can be maximized by managing them as real options on the prices of their inputs and/or outputs. In particular, when futures on these inputs... | 9/1/2012 |
| The Price of Diversifiable Risk in Venture Capital and Private Equity | This paper explores the venture capital (VC) market and extends the standard principal-agent problem between the investor and venture capitalist to show how it alters the interaction between the venture capitalist and the entrepreneur. The nature of the t... | 9/1/2012 |
| Valuation of Multiple Exercise Options with Energy Applications | We develop least squares Monte Carlo (LSM) and approximate linear programming (ALP) methods for
valuing multiple exercise options, such as energy swing and storage options, using term structure models. Our numerical and theoretical investigation shows t... | 9/1/2012 |
| Accounting Conservatism and Debt Contracts: Efficient Liquidation and Covenant Renegotiation | | 8/1/2012 |
| Apology Ritual: Making Amends at the Workplace | | 8/1/2012 |
| Corporate Ontology | | 8/1/2012 |
| Equal-Fractile Heuristic: New Results and Insights | | 8/1/2012 |
| Equal-Fractile Heuristic: New Results and Insights | | 8/1/2012 |
| Hail, Procrustes! Harmonized Accounting Standards as a Procrustean bed | | 8/1/2012 |
| Identification and Estimation of the Effect of Lobbying Participation on Policy Enactment | | 8/1/2012 |
| Lobbying for Power: A Structural Model of Lobbying in the Energy Sector | | 8/1/2012 |
| Mixed Bundling in Two-Sided Markets in the Presence of Installed Base Effects | We present a theoretical monopoly model of mixed bundling in a two-sided market setting. We show the platform's dominant strategy is to offer a mixed bundle rather than a pure bundle or no bundle. Mixed bundling acts as a price discrimination tool segment... | 8/1/2012 |
| Networks, social influence and the choice among competing innovations: Insights from open source software licenses | Existing research provides little insight into how social influence affects the adoption and diffusion of competing innovative artifacts and how the experiences of organizational members who have worked with particular innovations in their previous employ... | 8/1/2012 |
| Strategic Analysis of Technology and Capacity Investments in the
Lique fied Natural Gas Industry | Energy plays a fundamental role in both manufacturing and services, and natural gas is rapidly
becoming a key energy source worldwide. Facilitating this emergence is an expanding network
of ocean-going vessels that enable the matching of natural gas sup... | 8/1/2012 |
| Why the F*** Don’t They Trust?: The Relationship between Online Incivility and Trust | | 8/1/2012 |
| A Large U.S. Retailer Selects Transportation Carriers under Diesel Price Uncertainty | | 7/1/2012 |
| A Sampling-Based Approach to Multi-Item Inventory Control with a Generalized Demand Model | Considering a multi-item inventory system with independent order-up-to policies, we study the problem of identifying cost-minimizing inventory targets that fulfill the correlated item demands with a pre-specified probability. We follow a sampling-based ap... | 7/1/2012 |
| Chance Constrained Optimization with Multivariate Johnson Translation System: A Copula Approach | | 7/1/2012 |
| Charter School Entry and School Choice: The Case of Washington, D.C. | | 7/1/2012 |
| Contractual Effectiveness with Soft Information | | 7/1/2012 |
| Disclosure and Reputation Building in an Investment / Trust Game | | 7/1/2012 |
| Does Security Choice Matter in Venture Capital? The Case of Venture Debt | The switch from equity to debt in venture capital-backed entrepreneurial firms is rare, but uniquely informative. Using a novel dataset of financing decisions, we find that entrepreneurial firms that raise debt financing suffer from an average 40% post-de... | 7/1/2012 |
| Dyadic Information Transfer: A Network Study of Organizational Information Spread | Previous research on diffusion networks has focused predominately on the final step in diffusion, adoption, rather than the primary phase of information acquisition. To explain the information spread, I propose a theory of information transfer based on th... | 7/1/2012 |
| Inefficiencies from Metropolitan Political and Fiscal Decentralization:
Failures of Tiebout Competition | | 7/1/2012 |
| Interindividual-intergroup discontinuity in the prisoner's dilemma game: How common fate, proximity, and similarity affect intergroup competition | | 7/1/2012 |
| Interindividual-intergroup discontinuity in the prisoner's dilemma game: How common fate, proximity, and similarity affect intergroup competition | In two experiments with the PDG we manipulated the Campbell (1958), or Wertheimer (1923), indices of entitativity (common fate, proximity, and similarity) to examine when a set of individuals interacts with another set of individuals in the competitive ma... | 7/1/2012 |
| On Unified View of Nullspace-type Conditions for Recoveries Associated with General Sparsity Structures | | 7/1/2012 |
| Skill Specialization and the Formation of Collaboration Networks | Abstract. In recent years, there has been increased interest among funding organizations and administrators in supporting the acquisition of interdisciplinary skills in collaborative communities, such as universities, national labs, and knowledge-based fi... | 7/1/2012 |
| The Effects of Corruption on Organizational Networks and Individual Behavior | In this study, I examine the effects of corruption on patterns of relations in a well-known case of organizational crime. By contrasting corrupt and non-corrupt projects within an organization, I am able to examine how fraudulent endeavors alter the way i... | 7/1/2012 |
| The Employment and Wage Effects of the Sugar and Ethanol Boom in São Paulo State | | 7/1/2012 |
| The Role of Price Spreads and Reoptimization in the Real Option Management of Commodity Storage Assets | The real option management of commodity storage assets is an important practical problem. Practitioners approach the resulting stochastic optimization model using heuristic policies that rely on sequential reoptimization of linear programs. Used in conjun... | 7/1/2012 |
| A Hidden Markov Model for Collaborative Filtering | | 6/1/2012 |
| A Hidden Markov Model for Collaborative Filtering | | 6/1/2012 |
| Asset pricing with heterogeneous beliefs and endogenous liquidity | This article studies a dynamic general-equilibrium economy in which one population of optimistic investors is subject to endogenous liquidity constraints, that prevent default due to ex-ante limited commitment. We find a joint feedback effect between sent... | 6/1/2012 |
| Community Costs? Analyzing the contingent association between internal cohesion and external knowledge transfer relationships | | 6/1/2012 |
| Contractive Dual Methods for Incentive Problems | Several recent papers have proposed recursive Lagrangian-based methods for solving dynamic contracting problems. These methods give rise to Bellman operators that incorporate either a dual inf-sup or a saddle point operation. We give conditions that ensu... | 6/1/2012 |
| External Financing and the Role of Financial Frictions over the Business Cycle: Measurement and Theory | | 6/1/2012 |
| Group Formation with a Network Constraint | Abstract. Group formation is an important part of many kinds of economic problems, including rent-seeking, resource management, contract bidding, volunteer organization, problem solving, and political lobbying. The current literature on group formation as... | 6/1/2012 |
| Is the VC Partnership Greater than the Sum of its Partners? | Venture capital firms’ ability to repeatedly make top performing investments suggests the importance of some aspect of organizational or human capital. However, it is an unanswered question as to what extent the important attributes of performance are a p... | 6/1/2012 |
| Merger Activity in Industry Equilibrium | | 6/1/2012 |
| Revision Proofness | | 6/1/2012 |
| Technological Heterogeneity and Corporate Investment | | 6/1/2012 |
| The Corporate Governance Role of Information Quality and Corporate Takeovers | | 6/1/2012 |
| The Pareto Dominant Strategy-Proof and Fair Rule for Problems with Indivisible Goods | | 6/1/2012 |
| What Broker Charges Reveal about Mortgage Credit Risk
previously entitled "The Role of Mortgage Brokers in the Subprime Crisis" | Prior to the subprime crisis, mortgage brokers charged higher percentage fees for loans that turned out to be riskier ex post, even when conditioning on other risk characteristics. High conditional fees reveal borrower attributes that are associated with... | 6/1/2012 |
| Economic Growth Impacts of Sugarcane Expansion in Brazil: An Inter-regional Analysis | | 5/1/2012 |
| Mastering Your 70% Zone: the Strategy of Long Term Advantage | 70% of the value of a healthy company is based on expectations of performance beyond the short term. Yet, most strategy thinking is grounded in near-term events. Thus, shifting energy forward more effectively than your rivals and gaining advanced commitme... | 5/1/2012 |
| On the safety of Gomory cut generators | Gomory mixed-integer cuts are one of the key components in Branch-and-Cut solvers for mixed-integer linear programs. The textbook formula for generating these cuts is not used directly in open-source and commercial software due to the limited numerical pr... | 5/1/2012 |
| Reputation Effects of Disclosure | | 5/1/2012 |
| Efficient Financial Crises | | 4/1/2012 |
| Entry, Sorting and Incentives in the Teacher Market | | 4/1/2012 |
| Financial Expertise as an Arms Race | | 4/1/2012 |
| Predicting counterproductive work behavior from guilt proneness | We investigated the relationship between guilt proneness and counterproductive work behavior (CWB) using a diverse sample of employed adults working in a variety of different industries at various levels in their organizations. CWB refers to behaviors tha... | 4/1/2012 |
| Statistical Discrimination or Prejudice? A Large Sample Field Experiment | A model of racial discrimination provides testable implications for two features of statistical discriminators: differential treatment of signals by race and heterogeneous experience that shapes perception. We construct an experiment in the U.S. rental ap... | 4/1/2012 |
| The best and worst of conflict | | 4/1/2012 |
| An Experimental Investigation of Reputation Effects of Disclosure in an Investment / Trust Game | | 3/1/2012 |
| Disclosure and Incentives | | 3/1/2012 |
| How Much Data Are Needed: Estimation of Service Levels in Inventory Simulations | | 3/1/2012 |
| How Much Data Are Needed: Estimation of Inventory Service Levels With Limited Historical Demand Data | Assuming the availability of limited historical demand data, we consider the discrete-event simulation of an inventory system with stochastic product demands. The objective of the simulation is to obtain the mean service level and the confidence interval... | 3/1/2012 |
| Matching Markets with Mixed Ownership: The Case for a Real-life Mechanism | | 3/1/2012 |
