by John W. Pratt - Publications - Faculty & Research

2008
Working Paper

Some Neglected Axioms in Fair Division

Conditions one might impose on fair allocation procedures are introduced. Nondiscrimination requires that agents share an item in proportion to their entitlements if they receive nothing else. The "price" procedures of Pratt (2007), including the Nash... View Details

Keywords: Resource Allocation; Valuation; Price; Cost

Citation

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09 Jan 2014
Research & Ideas

The Entrepreneurs Who Invented Economic Forecasting

instead, that economic activity could be greatly affected by policy gained prestige. Thus, even while Fisher sunk into poverty, his econometric ideas were gaining strength. Of course, the most popular economist of the 1930s became View Details

Keywords: by Sean Silverthorne

12 Nov 2001
Research & Ideas

Facing the New World Order

report are included.) Harvard's John W. McArthur, of the Center for International Development, also contributed to the study. Peter Cornelius, Director of the Global Competitiveness Program at the World... View Details

Keywords: by Staff

12 Oct 1999
Research & Ideas

Where Main Street Meets Wall Street

For Boston, whose history is better known for its midnight rides and tea parties with attitude, this was, by comparison, a low-key moment. On a slow July day in 1924 in the Hub's financial district, a new investment product was quietly... View Details

Keywords: by Garry Emmons; Financial Services

03 Jun 2015
What Do You Think?

Is the Time Right for Self-Management?

The more thoughtful of them provide a primer on applying the concept. Deborah Nixon's comment echoed several others when she said the idea has been around a long time in other forms, by other names. "The larger an organization... View Details

Keywords: by James Heskett; Retail

12 Feb 2014
Research & Ideas

Private Sector, Public Good

presentation by suggesting that talking about business and the public sphere was like "dancing about architecture." Business often has no incentive to grapple with public sector problems, and those businesses that choose to... View Details

Keywords: by Dina Gerdeman

06 Apr 2007
What Do You Think?

Will Market Forces Stop Global Warming?

Summing Up Debate on this month's questions occurred on at least three levels. Is global warming occurring? Do humans (primarily through CO2 emissions) have much to do with it? Should we rely on market forces to provide appropriate responses, or will this require... View Details

Keywords: by Jim Heskett; Energy; Utilities

28 Apr 2010
Research & Ideas

Earth Day Reflections

Nordisk. At United Technologies, whose products include Carrier air conditioners, Otis elevators, and Pratt & Whitney aircraft engines, a recent integrated report focused on such nonfinancial metrics as lower fuel consumption and... View Details

Keywords: by Staff

22 Feb 2011
Research & Ideas

Most Popular Articles, Papers of the Decade

the Service Profit Chain to Work for Unbeatable Competitive Advantage by HBS professors Jim Heskett and W. Earl Sasser and coauthor Joe Wheeler. Updating a Classic: Writing a Great Business Plan Published:... View Details

Keywords: by Sean Silverthorne

01 Oct 2001
What Do You Think?

Will Information Technology Really Turn Organizations Upside Down This Time?

inhabited by academics and consultants ...personal advancement may be better served by being provocative than by being right." Others question the importance of the... View Details

Keywords: by James Heskett

04 Sep 2012
Research & Ideas

Why Most Leaders (Even Thomas Jefferson) Are Replaceable

revolutionary leader. Teddy Roosevelt was unfiltered, because he was a vice president who got the top job following the assassination of William McKinley. John F. Kennedy was a filtered leader with 13 years in the House and Senate. George... View Details

Keywords: by Kim Girard

05 Mar 2008
What Do You Think?

Where Will Management Innovation Take Us?

not clear. Many suggested that the kind of management innovation described by Gary Hamel in his new book, The Future of Management, will more likely occur as a result of forces outside the organization. Tony Gattis described the... View Details

Keywords: by Jim Heskett

30 Sep 2014
First Look

First Look: September 30

Transparency By: Mohan, Bhavya, Ryan W. Buell, and Leslie K. John Abstract—A firm's costs are typically tightly guarded secrets. However, across six laboratory experiments and a field study we identify when... View Details

Keywords: Sean Silverthorne

28 Jan 2015
Research & Ideas

Ground Game, Air Wars, and Other Marketing Lessons From Presidential Elections

2004 election when Republican George W. Bush emerged victorious. Chung says that had Democratic candidate John Kerry received more advertising from outside political groups, the election would have ended up... View Details

Keywords: by Dina Gerdeman

12 Aug 2002
Op-Ed

Using Big Business to Fight Poverty

In recent months, world leaders—including President George W. Bush and UN Secretary-General Kofi Annan—have proclaimed their determination to reduce global poverty. Such promises, however, have been made before, and past efforts to follow... View Details

Keywords: by George C. Lodge

03 Apr 2018
First Look

New Research and Ideas, April 3, 2018

Despite all these efforts to gain new global historical visions, however, the debates surrounding this movement have remained rather provincial in scope. Global History, Globally addresses this lacuna by surveying the state of global... View Details

Keywords: Sean Silverthorne

07 May 2008
Research & Ideas

The Intellectual History of Harvard Business School

Leadership and Organizational Behavior. The key developments include the original teaching of scientific management by Frederick W. Taylor; the change in perspective from Taylorism to the Human Relations... View Details

Keywords: by Richard S. Tedlow; Education

19 Feb 2020
News

Capitol Ideas to Combat Climate Change

opportunity to drive innovative environmental policy, Professor Michael W. Toffel told an audience of HBS and Harvard Kennedy School (HKS) alumni at the University Club of Washington DC, on February 12, 2020. “The traditional approach... View Details

Keywords: April White; photos by Jack Conroy

June 2013
Case

Hess Corporation

By: Jay W. Lorsch and Kathleen Durante

On January 29, 2013, Elliott Management, a hedge fund run by Paul E. Singer, which owned 4.5% of Hess Corporation stock, put forward a slate of five independent directors it wanted elected to improve the company's performance. Elliott argued that Hess lacked focus and... View Details

Keywords: Takeover Attempt; Board; Hess; Governing and Advisory Boards; Organizational Structure; Acquisition; Financial Services Industry; Energy Industry