Publications

April 1975 (Revised May 1993)
Case

Guaranteed Student Loan Program (A)

By: Regina E. Herzlinger

Keywords: Government Administration; Financing and Loans; Public Administration Industry

April 1975 (Revised November 1988)
Case

La Grande Alliance-Restaurant Francaise

By: Claudine B. B. Malone and Carliss Y. Baldwin

Pricing of meals for exclusive French restaurant. View Details

Keywords: Price; Product Marketing; Service Industry; Food and Beverage Industry

March – April 1975
Article

Social Cost/Benefit Analysis for MNC's

By: L. T. Wells Jr.

Keywords: Cost; Society

November 1974 (Revised May 1994)
Case

Science Technology Co.

By: Thomas R. Piper

The president of a medium-sized electronics company is evaluating the financial forecasts and proposed financing program submitted by the chief financial officer. The forecasts are prepared in constant dollars, on which basis the proposed financing plan seems... View Details

Keywords: Currency; Financial Strategy; Forecasting and Prediction; Inflation and Deflation; Risk and Uncertainty; Outcome or Result; Technology Industry; Electronics Industry

1974
Report

An Actuarial Audit of the Social Security System

By: Robert S. Kaplan and Roman L. Weil

Keywords: Accounting Audits; Public Sector; Insurance

August 1974 (Revised November 1974)
Case

Reynolds Construction Company

By: Paul W. Marshall

Deals with the use of critical path method for the construction of remote control building, which is part of a water purification system. Discusses the necessity of determining the shortest possible time in which a job could be done without spending more money. Case... View Details

Keywords: Buildings and Facilities; Construction; Cost Management; Time Management; Wastes and Waste Processing; System; Construction Industry

May 1974
Article

Fallacy of the Log-Normal Approximation to Optimal Portfolio Decision Making over Many Periods

By: Robert C. Merton and Paul A. Samuelson

Keywords: Investment; Decision Making

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May 1974
Article

On the Pricing of Corporate Debt: The Risk Structure of Interest Rates

By: Robert C. Merton

Keywords: Price; Borrowing and Debt; Risk and Uncertainty; Interest Rates

March 1974 (Revised June 1995)
Case

First National City Bank Operating Group (B)

By: Jay W. Lorsch

Growth in demands on the bank's "back office" required a totally new approach to management. New stress on systems orientation, objectives, measurement, process design and control has resulted in lower costs, fewer people, and higher quality. Also resulted in fear,... View Details

Keywords: Change Management; Transition; Banks and Banking; Management Practices and Processes; Managerial Roles; Production; Outcome or Result; Banking Industry

March 1974 (Revised June 1996)
Case

First National City Bank Operating Group (A)

By: Jay W. Lorsch

Growth in the banking field has produced new demands on the "back office." Traditional management practices in check processing and paper handling operations have resulted in ten years of cost increases and quality loss. New manager of the operating group faces an... View Details

Keywords: Change Management; Transition; Banks and Banking; Management Practices and Processes; Managerial Roles; Production; Banking Industry

March 1974
Article

Generalized Mean-Variance Tradeoffs for Best Perturbation Corrections to Approximate Portfolio Decisions

By: Paul A. Samuelson and Robert C. Merton

Keywords: Investment; Finance

spring 1974
Article

The Optimality of a Competitive Stock Market

By: Robert C. Merton and Marti G. Subrahmanyam

Keywords: Competition; Stocks; Markets

January/February 1974
Article

Assessing Computer Costs and Benefits

By: R. L. Nolan and Eric Knudsen

Keywords: Cost; Technology

1974
Article

The Distribution of Fiscal Burdens and Benefits

By: Dutch Leonard, Richard A. Musgrave and Karl E. Case

Keywords: Finance; Distribution

November 1973 (Revised April 1983)
Case

Southport Minerals, Inc.

By: William E. Fruhan Jr.

Examines how the attractiveness of an investment project can be enhanced by making financing and operating decisions which either manage investment returns or reduce project risks. View Details

Keywords: Decisions; Financing and Loans; Investment; Investment Return; Risk Management; Operations; Projects