Updated: 2012-02-08 03:16:12
| Peter Klein | I wrote earlier about Doug Allen’s The Institutional Revolution (Cambridge University Press, 2011). Here’s a new EH.Net review by Mark Koyama. Institutions in Allen’s view minimize transaction costs, where transaction costs include the costs associated with opportunistic behavior. Transaction costs precluded “first-best” institutions from developing in the pre-industrial world. Instead, apparently [...]
Updated: 2012-02-04 15:42:11
| Peter Klein | Nature News (via Bronwyn Hall): One in five academics in a variety of social science and business fields say they have been asked to pad their papers with superfluous references in order to get published. The figures, from a survey published today in Science, also suggest that journal editors strategically target [...]
Updated: 2012-02-03 15:53:03
| Peter Klein | Over at The Conglomerate, Gordon Smith asks: Law professors teach and write about topics like public choice, agency capture, rent seeking, etc., but I don’t often hear law professors talking systematically about the use of law for strategic purposes. . . . In simplest terms, the study of law and strategy [...]
Updated: 2012-02-01 20:48:27
| Peter Klein | Along with Don Siegel, Nick Wilson, and Mike Wright, I am guest editing a special issue of Managerial and Decision Economics on the “Effects of Alternative Investments on Entrepreneurship, Innovation, and Growth.” Proposals are due 15 June 2011. A special issue conference for developing the papers is planned for 29 October 2011 at the [...]
Updated: 2012-01-30 14:46:40
| Dick Langlois | If you’re in New York on February 6, you might want to go hear the always-interesting Henry Hansmann talk about work he is doing with Nicolai’s CBS colleague Steen Thomsen. The talk is at 4:20 in Room 701 Jerome Greene Hall at Columbia. This is part of the Columbia Law and [...]
Updated: 2012-01-29 13:52:22
| Nicolai Foss | Over the last few years, CBS has bestowed honorary doctoral degrees on the likes of Jay Barney, Oliver Williamson, Oliver Hart, Michael Brennan, and other luminaries in strategy, the theory of the firm, and finance (in addition to a number of reps of pomo in management research that are of small interest to O&M [...]
Updated: 2012-01-25 11:47:35
| Peter Klein | Raghu Rajan’s AFA presidential address is now online as an NBER working paper: The nature of the firm and its financing are closely interlinked. To produce significant net present value, an entrepreneur has to transform her enterprise into one that is differentiated from the ordinary. To achieve the control that will [...]
Updated: 2012-01-24 17:06:08
| Peter Klein | You’ve all heard the story of the Manhattan socialite who expressed shock at Nixon’s landslide 1972 victory because “nobody I know voted for him.” (Attributed variously to Pauline Kael, Katharine Graham, Susan Sontag, and others, and probably apocryphal, but who cares; it’s a great quote.) I was reminded of this by a [...]
Updated: 2012-01-23 20:38:35
| Peter Lewin | The January 2012 issue of the AMR (available here for subscribers or those with academic access) features two review articles assessing the progress of the “Promise” examined in the well-known article by Scott Shane and Sankaran Venkataraman (AMR 2000: The Promise of Entrepreneurship as a Field of Research) — one from [...]
Updated: 2012-01-16 01:09:44
Home Glossary Glossary A At the money Average Directional Index ADX Average True Range B Bar Chart bear market territory Breakdown Breakout bull market territory C Candlestick Close Congestion Consolidation Continuation Pattern Correction Cup-and-handle Pattern D Daily range Days in a Row Defensive Stocks Divergence Double Bottom Double top E Earnings Per Share Expansion Breakout Exponential Moving Average F Fibonacci Fill or kill Flag Follow through G Gap Generals Good-till-canceled H Head-and-shoulders High-level Historical volatility I Implied volatility In the money Inside day K Key reversal L Large Moves Limit Move Limit order Liquidity Listed Stock Low-level M Market order Market-on-close Market-on-open McClellan Oscillator Measured Move Meltdown Momentum Moving Average Moving
