Airline Alliances: Better Ways to Share the Pie Robert Shumsky finds that sharing agreements among alliance members may limit revenue for the alliance as a whole. More »
Connecting the Dots: Tax Law and Accounting Policy Leslie Robinson’s research reveals surprising results on the repatriation decisions of U.S. multinational corporations. More »
“Typical” Consumers Need Not Apply Praveen Kopalle’s research demonstrates that so-called “emergent consumers” can help create more appealing products. More »
The Promise and Peril of Industry Self-Regulation? To function best, a "free market" requires the support of institutions. Without laws that provide for the enforcement of contracts, people are less likely to engage in trade, and beneficial exchanges go unrealized. Without a means to protect intellectual property, inventors fear to reveal their ideas and technological progress is suppressed. More »
Security Issue Timing: Betting on a Sure Thing Katharina Lewellen and her colleagues find that managers are effective at identifying mispricing of their own securities and are willing to exploit it by selling or buying securities using the corporate account. More »
Data Hemorrhages: Digital Medical Records Run Wild Electronic medical records are in the news, with President Obama calling for the medical records of every American to be digitized by 2014, and the stimulus package providing $19 billion to make it happen. More »
Tweaking CAPM Forty years ago, economist William Sharpe rattled Wall Street when he balanced risks and rewards mathematically. At first seen as heretical and later as “commanding,” his capital asset pricing model (CAPM) earned him the Nobel prize in 1990. Succeeding generations of distinguished scholars have continued to tweak the model and debate it, among them Tuck Professor Jonathan Lewellen. More »
The Changing Nature of Strategy Why are some firms more successful than others? How do firms differ and why does it matter? In strategy research, the issue of heterogeneity among firms is critical. If all firms were the same, and they all operated in a similar business context, they would all be equally successful. Since this isn't true, then either the firms themselves have to be different or the business context in which they operate must be. More »
Green Goodwill If it’s good for us and good for the planet, it must be good for the bottom line. So goes the assumption behind the notion that firms will take their own measures to reduce carbon emissions because those investments pay off. More »
Do You Know Where Your Competition Is? Richard D’Aveni and former Tuck professor Koen Pauwels have come up with a new method to uncover the nature and structural changes of competition in fast-changing markets. More »