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  • 01 Jun 2010
  • News

Merton Receives Prestigious Award

University Professor Robert Merton, a member of the HBS faculty since 1988 and cowinner of the 1997 Nobel Prize in Economics, recently received the Kolmogorov Medal from the University of London. He was honored for his distinguished work in the fields of research... View Details
Keywords: Colleges, Universities, and Professional Schools; Educational Services; Finance
  • 02 Apr 2012
  • Research & Ideas

Do Online Dating Platforms Help Those Who Need Them Most?

Over the past decade, socially-focused websites have attracted hundreds of millions of users and changed the social fabric in fundamental ways. The likes of eHarmony and Match.com enable us meet new people. Platforms including Facebook, Path, and Zynga help us... View Details
Keywords: by Carmen Nobel; Technology
  • September 2007
  • Article

Do Vertical Mergers Facilitate Upstream Collusion?

By: Volker Nocke and Lucy White
We investigate the impact of vertical mergers on upstream firms' ability to collude when selling to downstream firms in a repeated game. We show that vertical mergers give rise to an outlets effect: the deviation profits of cheating unintegrated firms are reduced as... View Details
Keywords: Mergers and Acquisitions; Profit; Game Theory; Sales; Vertical Integration
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  • 2018
  • Chapter

New Prospects for Organizational Democracy?: How the Joint Pursuit of Social and Financial Goals Challenges Traditional Organizational Designs

By: Julie Battilana, Michael Fuerstein and Michael Lee
For an extended period during the first half of the 20th century, industrial democracy was a vibrant movement, with ideological and organizational ties to a thriving unionism. In 2015, however, things look different. While there are instances of democracy in the... View Details
Keywords: Organizational Design; Social Enterprise; Values and Beliefs; Integration; Theory
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  • October 2017
  • Article

Elevating Repositioning Costs: Strategy Dynamics and Competitive Interactions

By: Anoop R. Menon and Dennis Yao
This paper proposes an approach for modeling competitive interactions that incorporates the costs to firms of changing strategy. The costs associated with strategy modifications, which we term “repositioning costs,” are particularly relevant to competitive interactions... View Details
Keywords: ＂Repositioning Costs; Strategy Dynamics; Strategic Interaction; Capabilities; Cost; Strategy; Change; Game Theory; Organizational Change and Adaptation
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  • May 2012
  • Article

Correlation in the Multiplayer Electronic Mail Game

By: Peter A. Coles and Ran Shorrer
In variants of the Electronic Mail Game (Rubinstein, 1989) where two or more players communicate via multiple channels, the multiple channels can facilitate collective action via redundancy, the sending of the same message along multiple paths or else repeatedly along... View Details
Keywords: Electronic Mail Game; Stag Hunt; Coordination; Signaling; Networks; Behavior; Communication; Trust; Game Theory
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  • March 1999
  • Teaching Note

Conceptual Overview: "Business and the Environment," An Elective for MBA Students TN

By: Forest L. Reinhardt
Intended to assist faculty who teach courses on environmental management at business schools. Other people interested in the relationships between business and the environment may also find it useful. View Details
Keywords: Science-Based Business; Environmental Sustainability; Business Education; Theory
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  • 2006
  • Conference Paper

Modeling Repeated Play of the Prisoners' Dilemma with Reinforcement Learning over an Enriched Strategy Set

By: A. E. Roth and Ido Erev
Keywords: Decision Choices and Conditions; Strategy; Game Theory; Learning
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  • 01 Apr 2009
  • News

Embracing the Whole Individual

Keywords: Kristina A. Bourne, Fiona Wilson, Scott W. Lester, Jill Kickul
  • 01 Sep 2009
  • First Look

First Look: September 1

  Working PapersWhat Should GAAP Look Like? A Survey and Economic Analysis Authors:S.P. Kothari, Karthik Ramanna, and Douglas J. Skinner Abstract Based on extant literature, we articulate a positive theory of GAAP under the assumption... View Details
Keywords: Martha Lagace
  • 11 Feb 2013
  • Research & Ideas

Neuroeconomics: Eyes, Brain, Business

The children's classic The Polar Express tells the fanciful story of a young boy's journey to the North Pole on a train filled with chocolate and candy. But when Warner Brothers released a $165 million computer-animated version of the tale, many critics described the... View Details
Keywords: by Carmen Nobel
  • February 2021
  • Technical Note

Probability Distributions

By: Michael Parzen and Paul Hamilton
This technical note introduces students to the concept of random variables, and from there the normal and binomial distributions. After a brief introduction to random variables, the note describes the standard properties of the normal distribution: a single peak, and a... View Details
Keywords: Analysis; Risk and Uncertainty; Theory; Analytics and Data Science
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  • Article

Third-Party Punishment as a Costly Signal of High Continuation Probabilities in Repeated Games

By: Jillian J. Jordan and David G. Rand
Why do individuals pay costs to punish selfish behavior, even as third-party observers? A large body of research suggests that reputation plays an important role in motivating such third-party punishment (TPP). Here we focus on a recently proposed reputation-based... View Details
Keywords: Direct Reciprocity; Evolution; Dispersal; Cooperation; Trust; Reputation; Game Theory
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  • 19 Sep 2016
  • News

Former Blackberry CEO Uncovers Historic Shipwreck

who also played a key role in planning the expedition, proposed a theory to explain why it seems both Terror and Erebus sank far south of where they were first abandoned. “This discovery changes history,” he told the Guardian. “Given the... View Details
  • 01 Jun 2006
  • News

Jay Light Named New HBS Dean

a degree in engineering physics, Light earned a DBA from Harvard’s joint program in decision and control theory in 1970. Light’s research and teaching have focused on capital markets and institutional asset management, including the... View Details
Keywords: Business Schools & Computer & Management Training; Educational Services
  • 01 Mar 2004
  • News

Protecting against the Erosion of Brand Value

Noble’s foray into publishing cause brand-name publishers heartburn? “Through the lenses of our theories of strategy and innovation, the answer is — emphatically — yes,” write HBS professor Clayton M. Christensen and Innosight partner... View Details
Keywords: Publishing Industries (except Internet); Information
  • 01 Dec 1998
  • News

New Releases

boundaries and making the relationship between organizations and markets much more complex." To address such complexities, Jensen, the School's Jesse Isidor Straus Professor of Business Administration, presents a new, integrated theory of... View Details
  • 25 Oct 2006
  • Op-Ed

Fixing Executive Options: The Veil of Ignorance

developed an influential body of work about justice, starting from the premise that ignorance might just be bliss. His theories were designed to consider a monumental, if esoteric, question: If you were in charge of the world and had to... View Details
Keywords: by Mihir Desai & Joshua Margolis
  • 9 AM – 9 AM EST, 07 Nov 2018

HBX Disruptive Strategy

Make innovation a reality with strategies from two-time Worlds Most Innovative Business Thinker, Clayton Christensen. Program Dates: November 7, 2018 - December 19, 2018 View Details
  • 21 Jun 2004
  • Research & Ideas

Racial Diversity Pays Off

white counterparts." Ely's contribution, he went on to explain, is in developing theory about when and under what circumstances diversity leads to process gains or losses. The questions she asks, he said, include: How do... View Details
Keywords: by Martha Lagace