We use a detailed panel data set of Swedish households to investigate the relation between their labor income risk and financial investment decisions. In particular, we relate changes in wage volatility to changes in the portfolio holdings for households that switched industries between 1999 and 2002. We find that households do adjust their portfolio holdings when switching jobs.
This article studies the effects of product class and seller reputation on price-setting in online auctions. Sellers may offer price information to potential bidders through buy-now prices (BNPs) and starting prices (SPs). In two experiments, the authors show that for products with values that are difficult to assess, such price information affects bidders perception and willingness to pay.
This article explores the use of favors by emerging market managers, the impact of using favors on their firms' growth, legitimacy, and reputation in a variety of business environments, and how the use of favors affects firms' paths to international expansion.
Attackers' private information is one of the main issues in defensive resource allocation games in homeland security. The outcome of a defense resource allocation decision critically depends on the accuracy of estimations about the attacker's attributes. However, terrorists' goals may be unknown to the defender, necessitating robust decisions by the defender.
Professor Mary Dean Lee releases Executive Report on Change vs. Status Quo in Organizational Retirement Regimes
The study, based on interviews with Human Resource executives in twenty-four companies in Canada and Australia, explores how firms are responding to the retirement of large numbers of Baby Boomer professionals and managers.
Firms evolving in increasingly turbulent environments need to respond to market threats and opportunities with speed. At the same time, firms implement numerous information technologies (IT) in the hope of streamlining processes and providing managers with unfettered access to information from both within and outside the firm.
Susan S. Silbey, head of MIT SHASS Anthropology, and Ruthanne Huising PhD ’08 have been awarded the 2011 best publication prize from Regulation & Governance for their article, “Governing the Gap: Forging Safe Science Through Relational Regulation.”
Intellectual property and the professionals Authors: Graham, Margaret B.W. Publication: History and Technology, March 2012
Authors: Mukherjee, Ashesh; Dube, Laurette
How are tasks bundled into and across jobs within organizations? In this paper, I develop a model of this process of job design by drawing on a multisite qualitative study of task allocation following the installation of a DNA sequencer. The model that emerges is one of the assembly of tasks through multiple subassembly processes with multiple assemblers.