framework (1) provides a structured approach for predicting and testing the effects of a variety of task factors on pricing …

We analyze the optimal strategy of a high-quality incumbent that faces a low-quality ad-sponsored competitor. In … endogenous vertical differentiation concerns. We discuss how our study helps improve our understanding of notions of strategy …, business model, and tactics in the field of strategy. …

-post pricing before production postponement reengineering. While more postponement increases firm value, it is counterintuitive …

A growing number of articles in the area of strategic management employ a mean-variance approach to risk …-return relationships. Some researchers investigating risk-return relationships in this fashion claim to have found negative associations … between the levels of return and risk. The analysis reported here demonstrates that the mean-variance approach to return and …

drilling). We conclude with ideas to help people manage and communicate about risk. <i>This paper was accepted by Teck Ho …

(i) judgments of probability, which are assumed to satisfy support theory; and (ii) decisions under risk, which are …

safer about the situation. We distinguish perceived ("felt") risk from calculated statistical risk and propose that lower … levels of perceived risk encourage people with near-miss information to make riskier subsequent decisions compared to people …-miss information leads people to choose a riskier alternative because of a lower perceived risk following near-miss events. We explore …

This paper explores the relation between decision theoretic conceptions of risk and the conceptions held by executives …. It considers recent studies of risk attitudes and behavior among managers against the background of conceptions of risk … derived from theories of choice. We conclude that managers take risks and exhibit risk preferences, but the processes that …