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  • 31 Mar 2009
  • First Look

First Look: March 31, 2009

rich collection of feasible governance structures. Our model focuses on two issues emphasized by practitioners: spillover effects (as opposed to hold-ups motivated by specific investments) and contracting problems ex post (as opposed to only ex ante). By considering... View Details
Keywords: Martha Lagace
  • 18 Mar 2014
  • First Look

First Look: March 18

simplicity of accepting an equal split with the costs of negotiating a differentiated allocation of founder equity. We test the predictions of the theory on a proprietary dataset comprised of 1,476 founders in 511 entrepreneurial... View Details
Keywords: Sean Silverthorne
  • 20 Jul 2010
  • First Look

First Look: July 20

restrictions. Woolf had been farming crops for more than 30 years, but this was the first time they suffered a water shortage so severe that crops had to be abandoned in the field. Even if there was short-term relief in the form of an increased View Details
Keywords: Martha Lagace
  • 01 Dec 2016
  • News

Alumni Books of 2016

authors have helped scale hundreds of hypergrowth Internet sites through their consulting practice. Drawing on their experience, they present 50 clear, proven, and up-to-date scalability rules and practical guidance for applying them.... View Details
  • 28 Sep 2009
  • Research & Ideas

Improving Accountability at the World Bank

governance are the most daunting because the very foundations of governance—vote allocation proportionate to economy, representation by finance ministries, absence of parliamentary scrutiny, and the relative voicelessness of the poorest... View Details
Keywords: by Alnoor Ebrahim
  • 05 Aug 2008
  • First Look

First Look: August 5, 2008

Authors:Sharon Horsky, Steven C. Michael, and Alvin J. Silk Abstract The common perception appears to be that vertical integration of advertising services is more the exception than the rule in the U.S. advertising industry. This study... View Details
Keywords: Martha Lagace
  • 01 Mar 2018
  • News

Making Sense of the Modern Startup

of mine, Carl Kester. He takes some offense when I beat up on it. Sorry, Carl!” Sahlman’s perspective was influenced by his father, a successful manager who had dealt with similar kinds of resource allocation issues. Sahlman knew that in... View Details
Keywords: Jeffrey L. Cruikshank (PMD 51, 1986)
  • Web

Bibliography - Option Pricing in Theory & Practice: The Nobel Prize Research of Robert C. Merton - Exhibits - Historical Collections

Michael Rothschild. Chicago, Ill.: University of Chicago Press, 1993. * Merton, Robert C. "Optimum Consumption and Portfolio Rules in a Continuous-Time Model." Journal of Economic Theory 3, no. 4 (December 1971): 373-413. ** Merton,... View Details
  • Web

Print View - Course Catalog

Spring; Q4; 1.5 credits Six 2-hour Sessions in Seminar Format One Final Paper (Limit 1,000 words and two exhibits), No Exam Enrollment Limited to 25 students Overview For customers at the top of the socioeconomic pyramid, traditionally served by business entities with... View Details