RESEARCH

 

Publications

"Strategy and the Strategist: How it Matters Who Develops the Strategy." Management Science (forthcoming).

"A Formal Theory of Strategy." Management Science 63, no. 8 (August 2017): 2616–2636.

"Why Do Firms Have 'Purpose'? The Firm's Role as a Carrier of Identity and Reputation," (with Rebecca Henderson) American Economic Review: Papers and Proceedings 105, no. 5 (May 2015): 326–330.

"Overconfidence by Bayesian Rational Agents", Management Science, 57 (5), May 2011, 884-896
Online Appendix

"On the Origin of Shared Beliefs (and Corporate Culture)," Rand Journal of Economics, 41 (4), Winter 2010, 617-648
Earlier working paper April 2004[pdf]

"Culture Clash: The Costs and Benefits of Homogeneity," Management Science, 56 (10), October 2010, 1718-1738
Earlier working paper 2007 [pdf]

"Interpersonal Authority in a Theory of the Firm", American Economic Review, 100, March 2010, 466-490
Earlier working paper [pdf]

"Disagreement and the Allocation of Control", Journal of Law, Economics, and Organization, 26(2), August 2010, 385-426

"Managing Know-How" (with Deishin Lee) , Management Science, 56 (2), February 2010, 270 85

"Authority versus Persuasion," American Economic Review Papers and Proceedings, 99, May 2009, 448 53

"Rational Overoptimism (and Other Biases)", American Economic Review, 94, September 2004, 1141-1151
Earlier working paper "Skill or Luck: Biases of Rational Agents" [pdf]

"Organizational Beliefs and Managerial Vision," , Journal of Law, Economics, and Organization, 21 (1), Spring 2005, 256-283
Earlier working paper versions : July 2001[pdf] ; October 2002[pdf]

"Essays on the Managerial Implications of Differing Priors," May 2001, PhD Dissertation, Stanford Business School [pdf]

"Human Capital and Corporate Governance," with John Roberts, in Corporate Governance: A Volume in Honor of Horst Albach, J. Schwalbach ed., Berlin, Springer Verlag, 2000
 

Working Papers

"The Cost of Incentives under Disagreement: Too Motivated ", March 2007, working paper [pdf]
Earlier working paper version: "Too Motivated?", June 2005, working paper [pdf]

"The Limits of Authority: Motivation versus Coordination", June 2006, working paper [pdf]

"Disagreement and Information Collection", April 2002, working paper [pdf]

"Equity Participations, Hold-up, and Firm Boundaries," February 2002, working paper [pdf]

"Shareholder Interests, Human Capital Investments and Corporate Governance," with John Roberts, April 2000, Stanford GSB Working Paper 1631 [pdf]

"The Threat of Bankruptcy Can Eliminate the Hold-up Problem," July 2000, working paper [pdf]