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      • Article

      Beyond the Reach of the Invisible Hand: Impediments to Economic Activity, Market Failures, and Profitability

      By: Dennis Yao
      In this paper it is argued that failures of the competitive market are necessary conditions for supranormal profitability. Three fundamental causes of these market failures-production economies and sunk costs, transactions costs, and imperfect information-are developed... View Details
      Keywords: Economics; Markets; Failure; Profit; Cost; Information; Market Transactions; Competition; Strategy; Production
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      Yao, Dennis. "Beyond the Reach of the Invisible Hand: Impediments to Economic Activity, Market Failures, and Profitability." Strategic Management Journal 9 (Summer 1988): 59–70. (Harvard users click here for full text.)
      • June 1988 (Revised May 1990)
      • Case

      Olivetti (A): Picking Up the Pieces

      By: Roy V. Eales and Malcolm S. Salter
      Keywords: Information Technology Industry
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      Eales, Roy V., and Malcolm S. Salter. "Olivetti (A): Picking Up the Pieces." Harvard Business School Case 388-157, June 1988. (Revised May 1990.)
      • June 1988 (Revised May 1990)
      • Case

      Olivetti (B): Putting De Benedetti's ""Mark I"" Strategy to Work

      By: Roy V. Eales and Malcolm S. Salter
      Keywords: Corporate Strategy; Information Technology Industry
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      Eales, Roy V., and Malcolm S. Salter. Olivetti (B): Putting De Benedetti's ""Mark I"" Strategy to Work. Harvard Business School Case 388-158, June 1988. (Revised May 1990.)
      • March 1988
      • Background Note

      Leadership and the Information Technology Organization

      By: Lynda M. Applegate and Donna B. Stoddard
      Keywords: Leadership; Information Technology; Organizations
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      Applegate, Lynda M., and Donna B. Stoddard. "Leadership and the Information Technology Organization." Harvard Business School Background Note 188-114, March 1988.
      • March 1988 (Revised September 1995)
      • Case

      Xerox Corp.: Leadership of the Information Technology Function (A)

      By: Lynda M. Applegate and Donna B. Stoddard
      Keywords: Leadership; Information Technology; Information Technology Industry
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      Applegate, Lynda M., and Donna B. Stoddard. "Xerox Corp.: Leadership of the Information Technology Function (A)." Harvard Business School Case 188-113, March 1988. (Revised September 1995.)
      • Article

      Risk Aversion in Bargaining: An Experimental Study

      By: J. K. Murnighan, A. E. Roth and F. Schoumaker
      Keywords: Risk and Uncertainty; Information
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      Murnighan, J. K., A. E. Roth, and F. Schoumaker. "Risk Aversion in Bargaining: An Experimental Study." Journal of Risk and Uncertainty 1, no. 1 (March 1988): 101–124.
      • February 1988 (Revised August 2000)
      • Background Note

      Note on the U.S. Freight Transportation Industry

      By: Janice H. Hammond and John E. P. Morrison
      Describes the major modes of domestic freight transportation (motor carrier, rail, air, water, and pipelines). Examines the characteristics of the transportation service that each mode provides and discusses changes in the industry that have resulted from recent... View Details
      Keywords: Change; Governing Rules, Regulations, and Reforms; Industry Structures; Logistics; Service Operations; Transportation; United States
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      Hammond, Janice H., and John E. P. Morrison. "Note on the U.S. Freight Transportation Industry." Harvard Business School Background Note 688-080, February 1988. (Revised August 2000.)
      • January 1988
      • Teaching Note

      Ingersoll Milling Machine Co., Teaching Note

      By: Robert S. Kaplan
      Keywords: Teaching; Information
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      Kaplan, Robert S. "Ingersoll Milling Machine Co., Teaching Note." Harvard Business School Teaching Note 188-053, January 1988.
      • 1988
      • Book

      In the Age of the Smart Machine: The Future of Work and Power

      By: S. Zuboff
      Keywords: Power and Influence; Information Technology
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      Zuboff, S. In the Age of the Smart Machine: The Future of Work and Power. New York: Basic Books, 1988.
      • December 1987 (Revised January 1988)
      • Background Note

      Managing Information Technology: Telecommunications and Computer Networks

      By: Lynda M. Applegate
      Keywords: Information Technology; Management; Information Infrastructure
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      Applegate, Lynda M. "Managing Information Technology: Telecommunications and Computer Networks." Harvard Business School Background Note 188-033, December 1987. (Revised January 1988.)
      • December 1987 (Revised March 1990)
      • Case

      Manufacturers Hanover Corp.: The New Information Technology Organization (A)

      By: Lynda M. Applegate and Donna B. Stoddard
      Keywords: Banks and Banking; Information Technology; Banking Industry
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      Applegate, Lynda M., and Donna B. Stoddard. "Manufacturers Hanover Corp.: The New Information Technology Organization (A)." Harvard Business School Case 188-037, December 1987. (Revised March 1990.)
      • December 1987 (Revised March 1990)
      • Case

      Manufacturers Hanover Corp.: The New Information Technology Organization (B)

      By: Lynda M. Applegate and Donna B. Stoddard
      Keywords: Information Technology; Organizational Structure
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      Applegate, Lynda M., and Donna B. Stoddard. "Manufacturers Hanover Corp.: The New Information Technology Organization (B)." Harvard Business School Case 188-038, December 1987. (Revised March 1990.)
      • December 1987
      • Article

      Zhonghua minguo shiqide hezi he jishu zhuanrang [Joint ventures and technological development under the Republic of China]

      By: William C. Kirby
      Keywords: Joint Ventures; Information Technology; Research and Development; China
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      Kirby, William C. "Zhonghua minguo shiqide hezi he jishu zhuanrang [Joint ventures and technological development under the Republic of China]." Zhongwai shehui kexue [Sino-Foreign Social Science] (December 1987).
      • October 1987 (Revised March 1992)
      • Background Note

      Marketing Information Industry

      By: Robert J. Dolan
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      Dolan, Robert J. "Marketing Information Industry." Harvard Business School Background Note 588-027, October 1987. (Revised March 1992.)
      • Book Review

      Review of Implementing New Technologies: Choice, Decision and Change in Manufacturing, edited by E. Rhodes and D. Wield

      By: Dorothy A. Leonard
      Keywords: Information Technology; Decision Choices and Conditions; Change; Production
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      Leonard, Dorothy A. "Review of Implementing New Technologies: Choice, Decision and Change in Manufacturing, edited by E. Rhodes and D. Wield." Administrative Science Quarterly 32, no. 3 (September 1987).
      • September 1987
      • Background Note

      What Do Venture Capitalists Do?

      By: William A. Sahlman
      Presents the results derived from 49 responses to a questionnaire mailed to 100 venture capitalists in late 1984. The purpose of the survey was to shed light on the relationship between venture capitalists and their portfolio companies. The survey revealed that the... View Details
      Keywords: Borrowing and Debt; Venture Capital; Investment Portfolio; Recruitment; Surveys; Managerial Roles; Service Operations; Relationships; Service Industry
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      Sahlman, William A. "What Do Venture Capitalists Do?" Harvard Business School Background Note 288-015, September 1987.
      • July 1987
      • Case

      Frito-Lay, Inc.: The New Data Center

      By: James I. Cash Jr.
      Keywords: Information Technology; Food and Beverage Industry
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      Cash, James I., Jr. "Frito-Lay, Inc.: The New Data Center." Harvard Business School Case 188-018, July 1987.
      • July 1987 (Revised November 1989)
      • Teaching Note

      Lotus Development Corp. Channel Choice: Direct vs. Distribution, Teaching Note

      By: V. Kasturi Rangan
      Teaching Note for (9-587-078). View Details
      Keywords: Software; Information Technology Industry
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      Rangan, V. Kasturi. "Lotus Development Corp. Channel Choice: Direct vs. Distribution, Teaching Note." Harvard Business School Teaching Note 588-007, July 1987. (Revised November 1989.)
      • July 1987 (Revised October 1995)
      • Case

      Phillips 66: Controlling a Company Through Crisis

      By: Lynda M. Applegate
      The downstream operations subsidiary of a major U.S. petroleum company is faced with major restructuring decisions and responds by developing an Executive Information System (EIS) which allows for increased responsiveness, wider span of control, and higher levels of... View Details
      Keywords: Restructuring; Information Management; Governance Controls; Organizational Design; Crisis Management; Communication; Management Teams; Growth Management; Mining Industry; Energy Industry; United States
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      Applegate, Lynda M. "Phillips 66: Controlling a Company Through Crisis." Harvard Business School Case 189-006, July 1987. (Revised October 1995.)
      • Article

      A Simple Model of Capital Market Equilibrium with Incomplete Information

      By: Robert C. Merton
      Keywords: Capital Markets
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      Merton, Robert C. "A Simple Model of Capital Market Equilibrium with Incomplete Information." Journal of Finance 42, no. 3 (July 1987): 483–509.
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