Now showing items 231-239 of 239
An Empirical Examination of Horizon: Evidence from the Term Structure of Implied Equity Volatilities
(2014-01)
We develop and test measures of the horizon of firm uncertainty and of the horizon of managers’ corporate disclosures. The measures exploit information in the term structure of implied equity volatilities to gauge the ...
An Asymptotically Optimal Heuristic for General Non-Stationary Finite-Horizon Restless Multi-Armed Multi-Action Bandits
(2017-03)
We propose an asymptotically optimal heuristic, which we termed the Randomized Assignment Control (RAC) for restless multi-armed bandit problems with discrete-time and fi nite states. It is based on a linear programming ...
Field Structuration Around New Issues: Clean Energy Entrepreneurialism in Emerging Economies
(2012-12)
This research contributes to the literature on emerging industries by examining how an organizational field takes form as a new entrepreneurial venture arises and is legitimized. Clean energy firms face unprecedented ...
Mitigating Corporate Water Risk: Financial Market Tools and Supply Management Strategies
(2012-09)
A decision framework for business water-risk response is proposed that considers financial instruments and supply management strategies. Based on available and emergent programmes, companies in the agricultural, commodities, ...
Modeling Scale Attraction E ffects: An Application to Charitable Donations and Optimal Laddering
(2013-06)
Charities seeking donations usually employ an “appeals scale,” a set of specific suggested amounts presented directly to potential donors. Choosing them well is crucial: if charities select overly high scale points, they ...
Bargaining Chains (Long Version)
(2010-05)
We consider a firm that designs a new product and wishes to bring it to market, but does not have ownership or control over all of the resources required to make that happen. The firm must select and contract with one of ...
Analyst Information Discovery and Interpretation Roles: A Topic Modeling Approach
(2016-11)
This study examines analyst information intermediary roles using a textual analysis of analyst reports and corporate disclosures. We employ a topic modeling methodology from computational linguistic research to compare the ...
Two Hats, One Head, No Heart: the Anatomy of the Erisa Settlor/Fiduciary Distinction
(2015-01)
ERISA, the comprehensive employee benefits reform statute, created a strict fiduciary standard for those involved in the administration or management of employee benefit plans or their assets, a standard that requires such ...
Three Paradoxes of Climate Truth for the Anthropocene Social Scientist
(2019-07)
Climate change has been one of the most contested truths for the last two decades. Many social scientists within the academy and this volume have spent years discerning the nature of this truth and articulating its importance ...