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  • 9 AM – 10 AM EST, 23 Jan 2019
  • HBS Online

HBS Online Disruptive Strategy

Make innovation a reality with strategies from two-time World's Most Innovative Business Thinker, Clayton Christensen. Program Dates: January 23, 2019 - March 6, 2019 View Details
  • Profile

Ann Chao

Why was earning your MBA at HBS important to you? First, I was drawn to the application-based nature of the MBA degree. My college experience was heavy on social theory and deep intellectual debate, which gave me a solid foundation to... View Details
Keywords: Entertainment / Media
  • 01 Oct 2001
  • News

New Economy Notables: Scott D. Cook

or adaptive organism, there are changes. Karl Marx, while he was wrong about almost everything, was actually right on at least one thing — the labor theory of value. What matters most is the people in your company, more than the capital,... View Details
Keywords: Young, Susan; Computer Systems Design and Related Services; Professional Services
  • July 2013
  • Technical Note

Competition Simulator Exercise: Questions

By: Eric Van den Steen
In the Competition Simulator Exercise, students explore through trial and error some important economic foundations of competitive strategy and managerial economics. In particular, the simulator lets students explore horizontal differentiation with and without price... View Details
Keywords: Economics Of Strategy; Economics Of Competition; Competition; Economics; Game Theory; Competitive Strategy; Marketing Strategy
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  • 08 May 2015
  • News

An alternative view of the role of the corporation in society

“In addition, corporations are not a homogenous group, as the theories of profit maximization assume; not all corporations have the same role in society, and many of the largest corporations have more of their activities put to the test... View Details
  • 20 Feb 2008
  • First Look

First Look: February 20, 2008

and Jeffrey Wurgler Abstract Abstract We propose and test a catering theory of nominal stock prices. The theory predicts that when investors place higher valuations on low-price firms, managers will maintain... View Details
Keywords: Martha Lagace
  • 2010
  • Working Paper

Competing Complements

By: Ramon Casadesus-Masanell, Barry Nalebuff and David B. Yoffie
In Cournot's model of complements, the producers of A and B are both monopolists. This paper extends Cournot's model to allow for competition between complements on one side of the market. Consider two complements, A and B, where the A + B bundle is valuable only when... View Details
Keywords: Profit; Revenue; Monopoly; Game Theory; Competition
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  • 17 Feb 2009
  • Research & Ideas

What’s Good about Quiet Rule-Breaking

What do software engineers, flight attendants, factory workers, mail carriers, truck drivers, and hospital nurses have in common? According to HBS professor Michel Anteby, these professions—and many others just as dissimilar, maybe even yours—inform a "moral gray... View Details
Keywords: by Martha Lagace
  • 2011
  • Working Paper

Better-reply Dynamics in Deferred Acceptance Games

In this paper we address the question of learning in a two-sided matching mechanism that utilizes the deferred acceptance algorithm. We consider a repeated matching game where at each period agents observe their match and have the opportunity to revise their strategy... View Details
Keywords: Learning; Marketplace Matching; Outcome or Result; Game Theory; Mathematical Methods; Strategy
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  • 20 Feb 2006
  • Research & Ideas

Are Company Founders Underpaid?

are the opposite of what we'd expect based on large-company compensation patterns. Q: Can you explain the difference between stewardship theory and agency theory? How do these theories apply to new venture... View Details
Keywords: by Sarah Jane Gilbert; Financial Services; Technology
  • 31 Dec 2012
  • Research & Ideas

Most Popular Stories of 2012

of business research in the forthcoming book How Will You Measure Your Life? Coauthored with James Allworth and Karen Dillon, the book explains how well-tested academic theories can help us find meaning and happiness not just at work, but... View Details
Keywords: by Staff
  • 01 Jun 2010
  • News

Faculty Books

emerging markets’ potential and crafting strategies for succeeding in those markets. Government and Markets: Toward a New Theory of Regulation edited by Edward J. Balleisen and David A. Moss (Cambridge University Press) A field long... View Details
Keywords: Colleges, Universities, and Professional Schools; Educational Services; Management
  • April 2000
  • Article

Is Group Affiliation Profitable in Emerging Markets? An Analysis of Diversified Indian Business Groups

By: Tarun Khanna and Krishna G. Palepu
Keywords: Groups and Teams; Profit; Emerging Markets; Theory; India
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  • Article

Mitigating Bias in Adaptive Data Gathering via Differential Privacy

By: Seth Neel and Aaron Leon Roth
Data that is gathered adaptively—via bandit algorithms, for example—exhibits bias. This is true both when gathering simple numeric valued data—the empirical means kept track of by stochastic bandit algorithms are biased downwards—and when gathering more complicated... View Details
Keywords: Bandit Algorithms; Bias; Analytics and Data Science; Mathematical Methods; Theory
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  • 01 Jun 1997
  • News

Competition and Strategy Unit at HBS Sets Pace In Its Field

colleagues, he has also begun looking at how competitive shocks affect industry structure and business strategy in emerging markets. Adam Brandenburger and Assistant Professor Harborne W. Stuart, Jr., have worked together over a number of years, developing a View Details
Keywords: Susan Young
  • Article

Assent-maximizing Social Choice

By: Katherine A. Baldiga and Jerry R. Green
We take a decision theoretic approach to the classic social choice problem, using data on the frequency of choice problems to compute social choice functions. We define a family of social choice rules that depend on the population's preferences and on the probability... View Details
Keywords: Decision Choices and Conditions; Theory; Measurement and Metrics; Mathematical Methods; Society
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  • 2010
  • Working Paper

Overconfidence by Bayesian Rational Agents

By: Eric Van den Steen
This paper derives two mechanisms through which Bayesian-rational individuals with differing priors will tend to be relatively overconfident about their estimates and predictions, in the sense of overestimating the precision of these estimates. The intuition behind one... View Details
Keywords: Risk and Uncertainty; Measurement and Metrics; Game Theory; Forecasting and Prediction
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  • winter 2009
  • Article

Creativity, Improvisation, and Organizations

By: Colin M. Fisher and Teresa M. Amabile
'Improvisational creativity' involves simultaneously identifying new challenges and generating responses, with little or no time to prepare. View Details
Keywords: Innovation and Management; Organizational Culture; Creativity; Theory; Performance
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  • Web

Adam Smith - Vanderblue Collection | Baker Library

Adam Smith - Vanderblue Collection The Adam Smith – Vanderblue Collection is one of the most comprehensive collections of the works of Adam Smith in many translations and editions, including The Wealth of Nations , The Theory of Moral... View Details
  • 25 Apr 2014
  • News

Empowering women to lead

Public Policy, Hood asks students to consider—in an era where women are achieving at rates higher than ever before—why are there so few women leaders at the highest levels of decision-making? Her class combines leadership theory with... View Details