Theory Of Machine - Publications - Faculty & Research - Harvard Business School

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2015
Working Paper

A Theory of Intergenerational Mobility

By: Gary Becker, Scott Duke Kominers, Kevin Murphy and Jorg L. Spenkuch

We develop a model of intergenerational resource transmission that emphasizes the link between cross-sectional inequality and intergenerational mobility. By drawing on first principles of human capital theory, we derive several novel results. In particular, we show... View Details

Keywords: Intergenerational Mobility; Inequality; Complementarities; Human Capital; Equality and Inequality; Income; Family and Family Relationships

1976
Article

The Asymptotic Theory of Stochastic Games

By: Truman F. Bewley and Elon Kohlberg

Keywords: Games, Gaming, and Gambling; Theory

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2025
Working Paper

A Cognitive Theory of Reasoning and Choice

By: Pedro Bordalo, Nicola Gennaioli, Giacomo Lanzani and Andrei Shleifer

We present a theory of decisions in which attention to the features of choice options is determined by the decision maker's categorization of the current choice problem in a set of problems she solved in the past. Categorization depends on goal-relevant as well as... View Details

Keywords: Cognition and Thinking; Perception; Decision Choices and Conditions

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July 19, 1998
Article

In the Grip of the Dumb Machine

By: R. S. Tedlow

Keywords: Machinery and Machining

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Making Workplaces Safer Through Machine Learning

Government agencies can use machine learning to improve the effectiveness of regulatory inspections. Our study found that OSHA could prevent as much as twice as many injuries—translating to up to 16,000 fewer workers injured and nearly $800 million in social... View Details

March 2010
Article

Interpersonal Authority in a Theory of the Firm

By: Eric J. Van den Steen

This paper develops a theory of the firm in which a firm's centralized asset ownership and low-powered incentives give the manager, as an equilibrium outcome, interpersonal authority over employees (in a world with open disagreement). The paper thus provides... View Details

Keywords: Theory; Assets; Ownership; Motivation and Incentives; Governance Controls; Power and Influence; Projects; Perspective; Employees

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2007
Working Paper

Toward a Theory of Behavioral Operations

By: Francesca Gino and Gary Pisano

Research Summary

Making Machine Learning Robust to Adversarial Attacks

By: Himabindu Lakkaraju

The goal of this research is to ensure that machine learning models that we build and deploy are not easily susceptible to attacks by adversarial or malicious entities. View Details

June 2010
Article

A Gap-Filling Theory of Corporate Debt Maturity Choice

By: Robin Greenwood, Samuel G. Hanson and Jeremy C. Stein

We argue that time-series variation in the maturity of aggregate corporate debt issues arises because firms behave as macro liquidity providers, absorbing the large supply shocks associated with changes in the maturity structure of government debt. We document that... View Details

Keywords: Business Ventures; Decision Choices and Conditions; Borrowing and Debt; Financial Liquidity; Investment Return; Government and Politics

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Article

On the Theory of Effective Demand

By: Jerry R. Green

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1972
Book

Studies in the Theory of Capital Markets

By: M. C. Jensen

Keywords: Capital Markets; Theory

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05 Jul 2006
Working Paper Summaries

The Cycles of Theory Building in Management Research

Keywords: by Paul R. Carlile & Clayton M. Christensen

June 1996 (Revised November 1996)
Background Note

Economic Gains from Trade, The: Theories of Strategic Trade

The theory of competitive advantage is one of the most widely accepted economic principles among economists. The theory, as well as substantial historical evidence, suggest that free trade raises national income, while government intervention in trade relations... View Details

Keywords: Competitive Advantage; Trade

Article

Towards a Dynamic Theory of Strategy

By: M. E. Porter

Keywords: Theory; Strategy

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1985
Chapter

Toward a Focal-Point Theory of Bargaining

Keywords: Negotiation; Game Theory

1979
Chapter

Toward a Theory of the Press

By: Michael C. Jensen

Keywords: Media; Media and Broadcasting Industry; Journalism and News Industry

2018
Working Paper

Algorithm Appreciation: People Prefer Algorithmic to Human Judgment

By: Jennifer M. Logg, Julia A. Minson and Don A. Moore

Even though computational algorithms often outperform human judgment, received wisdom suggests that people may be skeptical of relying on them (Dawes, 1979). Counter to this notion, results from six experiments show that lay people adhere more to advice when they think... View Details

Keywords: Algorithms; Accuracy; Advice Taking; Forecasting; Theory Of Machine; Mathematical Methods; Decision Making; Forecasting and Prediction; Trust

21 Feb 2019
Blog Post

Machine Learning and Behavioral Economics

“We have a lot of interesting emerging technologies,” he says, “but maybe, too often, we overlook human behavior.” Upon graduation, Bracaglia’s internship at Google segued into a full-time position working within YouTube. “Google is the... View Details

fall 2008
Article

Toward a Theory of Behavioral Operations

By: Francesca Gino and Gary P. Pisano

Human beings are critical to the functioning of the vast majority of operating systems, influencing both the way these systems work and how they perform. Yet most formal analytical models of operations assume that the people who participate in operating systems are... View Details

Keywords: Management Systems; Operations; Mathematical Methods; Behavior; Cognition and Thinking; Perspective; Theory

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02 Aug 2017
Working Paper Summaries

Machine Learning Methods for Strategy Research

Keywords: by Mike Horia Teodorescu

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