We demonstrate the need to view in a dynamic context any decision based on limited information. We focus on the use of product costs in selecting the product portfolio. We show how ex post data regarding the actual costs from implementing the decision leads to updating of product cost estimates...

This paper aims to advance the use of numerical experiments to investigate issues that surround the design of cost systems. As with laboratory and field experiments, researchers must decide on the independent variables and their levels, the experimental design, and the dependent variables....

The academic and practitioner literature justifies firms' use of product costs in product pricing and capacity planning decisions as heuristics to address an otherwise intractable problem. However, product costs are the output of a cost reporting system, which itself is the outcome of heuristic...

Beginning with Anderson, Banker, and Janakiraman (2003), a rapidly growing literature attributes the short-run asymmetric cost response to activity changes (i.e., sticky costs) as resulting from short-run managerial choices. In this paper, we are agnostic on the theory of sticky costs. Rather,...

Intro -- Contents -- Foreword by K. Sivaramakrishnan -- Preface -- Acknowledgments -- Q'eqchi' Language and Orthography -- Notes on Measurements -- Maps -- Introduction: Commons Past -- 1. Liberal Plunder: A Recurring Q'eqchi' History -- 2. Maya Gringos: Q'eqchi' Lowland Migrationand Territorial...

We study the effect of senior manager oversight on inventors' productivity. We use changes in travel times between inventors and their employer's headquarters caused by flight time changes as sources of plausibly exogenous variation in manager oversight of inventors. We find that oversight...

We explore the theoretical relation between earnings and market returns as well as the properties of earnings frequency distributions under the assumption that managers use unbiased accounting information to sequentially decide on real options their firms have and report generated earnings...