Publications

Register to Read

2015
Working Paper

Full Substitutability

By: John William Hatfield, Scott Duke Kominers, Alexandru Nichifor, Michael Ostrovsky and Alexander Westkamp

Various forms of substitutability are essential for establishing the existence of equilibria and other useful properties in diverse settings such as matching, auctions, and exchange economies with indivisible goods. We extend earlier models' canonical definitions of... View Details

Keywords: Market Design; Balance and Stability

1991
Book

The Great Corporate Balancing Act

By: R. M. Kanter

Keywords: Balance and Stability; Corporate Strategy

1986
Book

Checks Unbalanced: The Quiet Side of Public Spending

By: Dutch Leonard

Keywords: Spending; Balance and Stability

2010
Article

The Strategic Balance of Disaster Risk Management

By: Dutch Leonard and Arnold M. Howitt

Keywords: Strategy; Balance and Stability; Risk Management

Article

Mastering Balance: How to Meet and Beat a Stronger Opponent

By: David B. Yoffie and Mary Kwak

Keywords: Balance and Stability

March 2010
Article

Matching with Preferences over Colleagues Solves Classical Matching

By: Scott Duke Kominers

In this note, we demonstrate that the problem of "many-to-one matching with (strict) preferences over colleagues" is actually more difficult than the classical many-to-one matching problem, "matching without preferences over colleagues." We give an explicit reduction... View Details

Keywords: Two-Sided Platforms; Balance and Stability; Mathematical Methods

August 2016
Article

Cooperation Can Emerge in Prisoner’s Dilemma from a Multi-species Predator Prey Replicator Dynamic

By: Elisabeth Paulson and Christopher Griffin

In this paper we study a generalized variation of the replicator dynamic that involves several species and sub-species that may interact. We show how this dynamic comes about from a specific finite-population model, but also show that one must take into consideration... View Details

Keywords: Prisoner's Dilemma; Replicator Dynamic; Zero-sum Game; Cooperation; Behavior; Balance and Stability

January 2023 (Revised November 2023)
Technical Note

Ethical Analysis: Honesty and Self-Interest

By: Nien-hê Hsieh and Christopher Diak

Information asymmetry is pervasive in business and can often confer great advantage. This note distinguishes forms of deceptive behavior in the face of information asymmetry and aims to help students analyze their impermissibility. View Details

Keywords: Ethics; Analysis; Balance and Stability

Educators

Purchase

May 22, 2011
Article

Why Balanced Funds are Better

By: Robert C. Pozen

Keywords: Money; Balance and Stability

Fast Answer

Real estate: emerging markets

href="http://www.imf.org/external/pubs/ft/gfsr/index.htm" target="_blank" title="Global Financial Stability Report">Global Financial Stability Report
Assessment of global financial markets, including... View Details

1984
Chapter

Stable Coalition Formation: Aspects of a Dynamic Theory

By: A. E. Roth

Keywords: Alliances; Balance and Stability; Theory

06 Jan 2017
News

Mental Illness and the Workplace

Subscribe on iTunes Subscribe on SoundCloud More Skydeck episodes Katherine Switz (MBA 2000) is the founder of the Stability Network, which aims to ease the stigma of mental illness. They hope to achieve this by having professionals share... View Details

Elmer A. Sperry

A prolific inventor, Sperry was instrumental in creating technological advances in navigation. He invented gyroscopic compasses and stabilizers that became fundamental components for both ships and airplanes. His inventions were adopted... View Details

Keywords: Fabricated Goods

2009
Working Paper

Unraveling Results from Comparable Demand and Supply: An Experimental Investigation

By: Muriel Niederle, Alvin E. Roth and M. Utku Unver

Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers. However this presents a puzzle, since unraveling can only occur when firms... View Details

Keywords: Labor; Marketplace Matching; Quality; Competition; Balance and Stability

Purchase

01 Dec 2001
News

BOOK: Ruling the Waves

in their early stages, to threaten governmental control and authority. While aspects of its power may indeed be diminished, government inevitably survives these apparent challenges, Spar observes, because the state provides "the property rights that entrepreneurs... View Details

Keywords: Publishing Industries (except Internet); Information

Fall 2023
Article

Firms, Rules, and Global Capitalism

By: Rawi Abdelal

Every organization of the world economy has been unstable. Each system is necessarily composed of trade-offs. Opportunities emerge, and disappointments abound. Nothing lasts; nothing is finished; and nothing is perfect. View Details

Keywords: Globalization; Business History; Balance and Stability

01 Dec 2018
News

Averting Crisis

A decade ago, the global economy nearly collapsed entirely, bringing down with it some of the biggest banks and the livelihoods of countless individuals in lost jobs, savings, and homes. When the next downturn comes, will we be any better prepared? The Behavioral... View Details

January 2004 (Revised May 2004)
Case

Montagu Private Equity (A)

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

Describes the dilemma facing Chris Masterson, the head of HSBC's private equity division, in negotiating this team's buyout of its organization from HSBC, its corporate parent since 1992. Discusses the pros and cons of being a captive fund and the delicate balance... View Details

Keywords: Private Equity; Balance and Stability; Asset Pricing