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Over the past decade, researchers have expressed concerns over what seemed to be a paucity of replications. In line with this, editorial policies of some leading marketing journals have been modified to encourage more replications. We conducted an extension of a 1994 study see whether these...
Persistent link: https://www.econbiz.de/10014050363
The three commentators on my paper agree that statistical tests are often improperly used by researchers and that even when properly used, readers misinterpret them. These points have been well established by empirical studies. However, two of the commentators do not agree with my major point...
Persistent link: https://www.econbiz.de/10014050364
When financial columnist James Surowiecki wrote The Wisdom of Crowds, he wished to explain the successes and failures of markets (an example of a "crowd") and to understand why the average opinion of a crowd is frequently more accurate than the opinions of most of its individual members. In this...
Persistent link: https://www.econbiz.de/10014050393
Graffiti is regarded by many as a blight on our cities because it contributes to visual pollution. City governments spend vast sums in an effort to clean the ubiquitous graffiti from urban walls. I suggest that the cleansing strategy is an expensive, ineffective way of dealing with the problem;...
Persistent link: https://www.econbiz.de/10014067513
Individuals and organizations have operated for hundreds of years by planning and forecasting in an intuitive manner. It was not until the 1950s that formal approaches became popular. Since then, such approaches have been used by business, government, and nonprofit organizations. Advocates of...
Persistent link: https://www.econbiz.de/10014067514
Previously published research suggested that the typical manager may be expected to harm others in his role as a manager. Further support for this was drawn from the Panalba role-playing case. None of the 57 control groups in this case were willing to remove a dangerous drug from the market. In...
Persistent link: https://www.econbiz.de/10014067516
The Winter 1979 issues of Directors and Boards presented readers with a questionnaire based to a degree on a 1969 board incident at Upjohn Corporation [see Box 1 (on page 2) and Box 2 (on pages 3-4)]. In this questionnaire, a profitable drug named "Wondola" was being produced by the so-called...
Persistent link: https://www.econbiz.de/10014067517
Consider the following situation: You have a fixed budget and would like to measure causal relationships in a study involving buyer behavior. How would you go about allocating the budget for this study? This paper outlines two possible research strategies - intensive research and eclectic...
Persistent link: https://www.econbiz.de/10014067524
In 1975, a consortium sponsored by the Argentine government tried to purchase the stock of the Britishowned Falkland Islands Company, a monopoly that owned 43 percent of the land in the Falklands, employed 51 percent of the labor force, had a monopoly on all wool exports, and operated the...
Persistent link: https://www.econbiz.de/10014067525
The following was sent to the Wharton faculty in November, 1989, challenging a set of proposals by the Wharton Teaching Committee. The committee's proposal was presented as an all or nothing choice. Despite a substantial amount of support for the position stated below, the Wharton Committee...
Persistent link: https://www.econbiz.de/10014067640