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    • All HBS Web  (1,127)
      • Faculty Publications  (188)

      Lay Decision TheoryRemove Lay Decision Theory →

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      • fall 1995
      • Article

      Standard Setting Consortia, Antitrust, and High-Technology Industries

      By: James J. Anton and Dennis A. Yao
      Examines the antitrust treatment of private-sector standard setting in the U.S. Applicability of law and decision-making issues in high technology industries; Examination of cost-based facilitating theory; Approach to evaluate the reasonableness of a standard. View Details
      Keywords: Private Sector; Information Technology; Law; Decision Making; Cost; Theory; Performance Evaluation; Standards; United States
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      Anton, James J., and Dennis A. Yao. "Standard Setting Consortia, Antitrust, and High-Technology Industries." Antitrust Law Journal 64, no. 1 (fall 1995): 247–265. (Harvard users click here for full text.)
      • Article

      The Valuation of Cash Flow Forecasts: An Empirical Analysis

      By: S. N. Kaplan and R. S. Ruback
      Keywords: Valuation; Cash Flow; Forecasting and Prediction; Theory
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      Kaplan, S. N., and R. S. Ruback. "The Valuation of Cash Flow Forecasts: An Empirical Analysis." Journal of Finance 50, no. 4 (September 1995).
      • 1995
      • Book

      Introduction to Statistical Decision Theory

      By: John W. Pratt, Howard Raiffa and Robert Schlaifer
      Keywords: Mathematical Methods; Decision Making; Theory
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      Pratt, John W., Howard Raiffa, and Robert Schlaifer. Introduction to Statistical Decision Theory. MIT Press, 1995.
      • 1994
      • Chapter

      Fairness in Decisions on Siting Noxious Facilities: Theory and Empirical Results

      By: Felix Oberholzer-Gee and Bruno S. Frey
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      Oberholzer-Gee, Felix, and Bruno S. Frey. "Fairness in Decisions on Siting Noxious Facilities: Theory and Empirical Results." In Environmental Standards in the European Union in an Interdisciplinary Framework, edited by Michael Faure, John Vervaele, and Albert Weale, 183–196. Antwerp: Maklu, 1994.
      • March 1993
      • Background Note

      Stages Theory, The: A Framework for IT Adoption and Organizational Learning

      By: Richard L. Nolan, David Croson and Katherine Seger
      Describes Professor Richard Nolan's Stages Theory of Information Technology adoption by organizations. View Details
      Keywords: Information; Body of Literature; Information Management; Information Publishing; Adoption; Organizational Structure; Organizational Design; Decision Making; Information Technology Industry
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      Nolan, Richard L., David Croson, and Katherine Seger. "Stages Theory, The: A Framework for IT Adoption and Organizational Learning." Harvard Business School Background Note 193-141, March 1993.
      • March 1992
      • Article

      Negotiator Cognition and Rationality: A Behavioral Decision Theory Perspective

      By: M. A. Neale and M. H. Bazerman
      Keywords: Negotiation; Cognition and Thinking; Behavior; Decision Making; Perspective; Theory
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      Neale, M. A., and M. H. Bazerman. "Negotiator Cognition and Rationality: A Behavioral Decision Theory Perspective." Organizational Behavior and Human Decision Processes 51, no. 2 (March 1992): 157–175.
      • June 1991 (Revised April 1997)
      • Background Note

      Managing the Multibusiness Corporation

      By: David J. Collis
      Lays out some ideas on how to restructure a multibusiness corporation. Identifies sixteen elements of organization design, and then applies contingency theory to argue that these elements need to be aligned with the tasks the corporation uses to create value across its... View Details
      Keywords: Restructuring; Organizational Design; Organizational Structure; Alignment; Corporate Strategy; Theory; Value Creation
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      Collis, David J. "Managing the Multibusiness Corporation." Harvard Business School Background Note 391-286, June 1991. (Revised April 1997.)
      • January 1987
      • Article

      Posterior Implementability in a Two-person Decision Problem

      By: Jerry R. Green and Jean-Jacques Laffont
      When a decision rule is implemented using a Bayesian incentive compatible mechanism in which the messages are publicly observable, the players' information is augmented by their observation of each others' strategies. In this paper we study the set of Bayesian... View Details
      Keywords: Incentives; Commitment; Mechanism Design; Decision Making; Information
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      Green, Jerry R., and Jean-Jacques Laffont. "Posterior Implementability in a Two-person Decision Problem." Econometrica 55, no. 1 (January 1987): 69–94.
      • July 1986 (Revised August 1987)
      • Background Note

      Note on Comparative Advantage

      By: David B. Yoffie and John J. Coleman
      Discusses David Ricardo's theory of comparative advantage and the refinement of his model developed by Eli Heckscher and Bertil Ohlin. Presents several criticisms of the Heckscher-Ohlin theory, including Wassily Leontief's empirical demonstration that the nature of... View Details
      Keywords: Business Model; Forecasting and Prediction; Macroeconomics; Trade; Theory
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      Yoffie, David B., and John J. Coleman. "Note on Comparative Advantage." Harvard Business School Background Note 387-023, July 1986. (Revised August 1987.)
      • January 1982
      • Article

      Empirical Analysis of the Commercial Loan Classification Decision

      By: Robert S. Kaplan and J. Richard Dietrich
      Keywords: Theory; Financing and Loans; Decision Making
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      Kaplan, Robert S., and J. Richard Dietrich. "Empirical Analysis of the Commercial Loan Classification Decision." Accounting Review 57 (January 1982): 18–38.
      • 1982
      • Chapter

      Statistical Decision Theory Requiring Incentives for Information Transfer

      By: Jerry R. Green
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      Green, Jerry R. "Statistical Decision Theory Requiring Incentives for Information Transfer." In The Economics of Information and Uncertainty, edited by J. J. McCall. Chicago: University of Chicago Press, 1982.
      • July 1981
      • Article

      On Market Timing and Investment Performance Part I: An Equilibrium Theory of Value for Market Forecasts

      By: Robert C. Merton
      Keywords: Investment; Performance; Theory; Value; Forecasting and Prediction; Markets
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      Merton, Robert C. "On Market Timing and Investment Performance Part I: An Equilibrium Theory of Value for Market Forecasts." Journal of Business 54, no. 3 (July 1981): 363–406.
      • Article

      Characterization of Satisfactory Mechanisms for the Revelation of Preferences for Public Goods

      By: Jerry R. Green and Jean-Jacques Laffont
      Social decision mechanisms that admit dominant strategies and result in Pareto optima are characterized by the class of mechanisms proposed by Groves. The concept of decision mechanisms is generalized and the characterization is shown to extend to these cases. View Details
      Keywords: Decision Mechanisms; Game Theory; Economics
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      Green, Jerry R., and Jean-Jacques Laffont. "Characterization of Satisfactory Mechanisms for the Revelation of Preferences for Public Goods." Econometrica 45, no. 2 (March 1977): 427–438.
      • December 1971 (Revised December 1994)
      • Background Note

      Capital Structure Decision: Underlying Theory

      By: William E. Fruhan Jr.
      Demonstrates hypothetically and numerically the share price valuation impact of changes in a firm's capital structure. View Details
      Keywords: Capital Structure; Decisions
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      Fruhan, William E., Jr. "Capital Structure Decision: Underlying Theory." Harvard Business School Background Note 272-096, December 1971. (Revised December 1994.)
      • November – December 1969
      • Article

      Systems Analysis for Social Decisions

      By: Joseph L. Bower
      Keywords: Decision Making; Society; Theory
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      Bower, Joseph L. "Systems Analysis for Social Decisions." Operations Research 17, no. 6 (November–December 1969): 927–940.
      • 1968
      • Chapter

      Descriptive Decision Theory from the 'Administrative' Viewpoint

      By: Joseph L. Bower
      Citation
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      Bower, Joseph L. "Descriptive Decision Theory from the 'Administrative' Viewpoint." Chap. 3 in The Study of Policy Formation, edited by Raymond A. Bauer and Kenneth J. Gergen. New York: Free Press, 1968.
      • Research Summary

      Bringing Individuals Back In: The Effects of Career Experience on New Firm Founding (forthcoming Industrial and Corporate Change, 2003)

      By: Rakesh Khurana
      In this paper (with Scott Shane) the link between the career experiences of potential entrepreneurs and the decision to found a new firm is explored. Because of methodological and theoretical obstacles, sociological research on organizational foundings has largely... View Details
      • Research Summary

      Democratic Governance and Decision Making

      By: David A. Moss
      Under what conditions are public policies in a democracy determined by special interests or, alternatively, by the general interest?  A good deal of academic work, particularly associated with the economic theory of regulation, suggests that special interests... View Details
      • 2024
      • Dictionary Entry

      Jerry R. Green (1946-)

      By: Eddie Dekel, John Geanakoplos and Scott Duke Kominers
      Jerry Green has a deep and long-standing connection to Harvard University, and in particular with its Economics Department. This paper begins by reviewing his intellectual background, and then turns to exploring how he has influenced scholars through his wide-ranging... View Details
      Keywords: Economics; Microeconomics; Theory; History; Game Theory; Decision Choices and Conditions; Education Industry; North America; United States; Cambridge; Massachusetts; Boston
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      Dekel, Eddie, John Geanakoplos, and Scott Duke Kominers. "Jerry R. Green (1946-)." In The Palgrave Companion to Harvard Economics, edited by Robert Cord. Palgrave Macmillan, forthcoming.
      • Research Summary

      Managers and Employees: Justice at Work

      By: Nien-he Hsieh

      The employment relationship represents another significant area for managerial decision making. While much of what managers and employees owe one another depends upon mutual agreement, not all of the terms can be specified in advance. Given these conditions, what... View Details

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