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Industry Investment in Basic Research Assuming Interdependence of Benefits from Appropriable and Inappropriable Activities

Joglekar, Prafulla - In: Management Science 36 (1990) 2, pp. 224-239

Using a model of the resource allocation behavior of a group of firms, Joglekar and Hamburg (1983) demonstrate that unaided industry allocation to basic research is suboptimal and that in stimulating this allocation, provision of government seed money is generally counterproductive, while the...

Persistent link: https://www.econbiz.de/10009191131

Designs for Environmental Scanning Systems: Tests of a Contingency Theory

Yasai-Ardekani, Masoud; Nystrom, Paul C. - In: Management Science 42 (1996) 2, pp. 187-204

This study compared the relationships between organizational context and the designs of environmental scanning systems for organizational with effective and ineffective scanning systems. The study analyzed data from over 100 North American business organizations. Results indicate that...

Persistent link: https://www.econbiz.de/10009218095

The Art and Science of Planning at the Business Unit Level

Miesing, Paul; Wolfe, Joseph - In: Management Science 31 (1985) 6, pp. 773-781

This paper attempts to relate the conditions that require different planning approaches. A theoretical planning framework is presented that considers the confidence of causal linkages coupled with the extent of environmental change. Prior planning research is synthesized to speculate on the...

Persistent link: https://www.econbiz.de/10009218205

Planning System Success: A Conceptualization and an Operational Model

Venkatraman, N.; Ramanujam, Vasudevan - In: Management Science 33 (1987) 6, pp. 687-705

Research on strategic planning has been handicapped by lack of an appropriate operationalizing scheme for measuring the success of planning systems. In this paper, an operational model for measuring planning system success is developed in terms of two interrelated dimensions---improvements in...

Persistent link: https://www.econbiz.de/10009204125

What is an Attractive Industry?

Wernerfelt, Birger; Montgomery, Cynthia A. - In: Management Science 32 (1986) 10, pp. 1223-1230

Business Portfolio Planning techniques often suggest that firms should invest in industries with high profitability, high growth, or other attractive characteristics. Critiquing this view, we suggest that the same factors which lead to high profitability in an industry may cause its inefficient...

Persistent link: https://www.econbiz.de/10009191136

Demand Forecasting Behavior: System Neglect and Change Detection

Kremer, Mirko; Moritz, Brent; Siemsen, Enno - In: Management Science 57 (2011) 10, pp. 1827-1843

that forecasting behavior systematically deviates from normative predictions: Forecasters overreact to forecast errors in …

Persistent link: https://www.econbiz.de/10010990449

A Case-Based Model of Probability and Pricing Judgments: Biases in Buying and Selling Uncertainty

Brenner, Lyle A.; Griffin, Dale W.; Koehler, Derek J. - In: Management Science 58 (2012) 1, pp. 159-178

We integrate a case-based model of probability judgment with prospect theory to explore asset pricing under uncertainty. Research within the "heuristics and biases" tradition suggests that probability judgments respond primarily to case-specific evidence and disregard aggregate characteristics...

Persistent link: https://www.econbiz.de/10010990558

A Model for Predicting Frequencies of Random Events

Rosenfield, Donald - In: Management Science 33 (1987) 8, pp. 947-954

This paper presents a new technique for forecasting frequencies of events over time for individuals. The technique …

Persistent link: https://www.econbiz.de/10009208983

Turnpike Horizons for Production Planning

Thompson, Gerald L.; Sethi, Suresh P. - In: Management Science 26 (1980) 3, pp. 229-241

A quadratic model for production-inventory planning was made famous by Holt, Modigliani, Muth, and Simon in 1960 in (Holt, C. C., F. Modigliani, J. F. Muth, H. A. Simon. 1960. Planning Production, Inventories, and Work Force. Prentice-Hall, Englewood Cliffs, New Jersey.), especially for its...

Persistent link: https://www.econbiz.de/10009209094

A Recursive Kalman Filter Forecasting Approach

Kahl, Douglas R.; Ledolter, Johannes - In: Management Science 29 (1983) 11, pp. 1325-1333

This paper examines the forecasting accuracy and the cost effectiveness of time series models with time …-varying coefficients. A simulation study investigates the potential forecasting benefits of a proposed Kalman filter type adaptive … estimation and forecasting approach. It is found that: (1) When appropriate, the time-varying coefficient approach leads to …

Persistent link: https://www.econbiz.de/10009209300