The dynamic pricing problem concerns the determination of selling prices over time for a product whose demand is random and whose supply is fixed. We approach this problem in a novel way by formulating a dynamic optimization model in which the demand function is iso-elastic but the random demand...

The dynamics of change and the path-dependent evolution of resources and capabilities are central concerns of contemporary strategic management. This paper integrates the resource-based and dynamic capabilities literatures to explain why development of dynamic capabilities is especially...

The actions of collectives who primarily meet on-line have recently captured the attention of the media, general public, business executives, and academics. File-sharing, open-source, and computer viruses are all carried out by loosely bounded collectives, rather than by firms or other formal...

This paper studies estimation of deterministic trends in time series models with persistency. In particular, a joint estimation of the trend coefficient and the autoregressive parametere is proposed and asympototic analysis on the nonlinear estimator is provided. The joint estimator is compared...

An integrated strategic financial management system provides students of finance an invaluable learning experience in assessing the financial health of a company or estimating the value of this company. We found students' questions and misunderstanding about how to assess a company's financial...

This paper proposes an alternative framework to understand enterprise unionism by emphasizing political dynamics and the role of the state in labor relations. Our framework delineates the strategic behavior patterns of the tripartite IR actors, and maintains that the initial period of the...

Globalization, new technology, and potential high returns have compelled many managers to adopt supply chain management. However, despite commitment and investment from managers, many firms are not able to realize high returns on supply chain initiatives. Our study uses a triangulation...

The presence of faultlines (i.e., pre-existing subgroups in a team) may be particularly problematic in light of a critical challenge already facing virtual teams: fostering team identification. We focus on one particular type of subgroup--pre-existing organizational memberships--that may serve...

This paper, motivated by the experiences of major US-based broadcast television network, presents algorithms and heuristics to schedule commercial videotapes. Major advertisers purchase several slots to air commercials during a given time period on a broadcast network. We study the problem of...

Alfred Chandler's recent passing is cause to review and celebrate his many contributions to business history. It also presents an opportunity to highlight links between his rich historical analyses concerning organizational and industrial innovation and contemporary management studies of the...