Results 1 - 10 of 39,114

Electronic Markets and Electronic Hierarchies

by Robert I. Benjamin, Thomas W. Malone, Joanne Yates - Communications of the ACM , 1987
"... This paper analyzes the fundamental changes in market structures that may result from the increasing use of information technology. First, an analytic framework is presented and its usefulness is demonstrated in explaining several major historical changes in American business structures. Then, the f ..."
Abstract - Cited by 707 (10 self) - Add to MetaCart
by markets rather than by internal decisions within firms. Finally, several examples of companies where these changes are already occurring are used to illustrate the likely paths by which new market structures will evolve and the ways in which individual companies can take advantage of these changes.

Evolving to a New Dominant Logic for Marketing

by Stephen L. Vargo, Robert F. Lusch, Robert H. Smith, Shelby Hunt, Gene Laczniak, Alan Malter, Fred Morgan - Journal of Marketing , 2004
"... Marketing inherited a model of exchange from economics, which had a dominant logic based on the exchange of “goods, ” which usually are manufactured output. The dominant logic focused on tangible resources, embedded value, and transactions. Over the past several decades, new perspectives have emerge ..."
Abstract - Cited by 520 (12 self) - Add to MetaCart
Marketing inherited a model of exchange from economics, which had a dominant logic based on the exchange of “goods, ” which usually are manufactured output. The dominant logic focused on tangible resources, embedded value, and transactions. Over the past several decades, new perspectives have

A Long-Memory Property of Stock Market Returns and a New Model

by Zhuanxin Ding, Clive W. J. Granger, Robert F. Engle - Journal of Empirical Finance , 1993
"... A ‘long memory ’ property of stock market returns is investigated in this paper. It is found that not only there is substantially more correlation between absolute returns than returns them-selves, but the power transformation of the absolute return lrfl ” also has quite high autocorrel-ation for lo ..."
Abstract - Cited by 631 (18 self) - Add to MetaCart
A ‘long memory ’ property of stock market returns is investigated in this paper. It is found that not only there is substantially more correlation between absolute returns than returns them-selves, but the power transformation of the absolute return lrfl ” also has quite high autocorrel-ation

The Labor Demand Curve is Downward Sloping: Reexamining the Impact of Immigration on the Labor Market

by George J. Borjas - THE QUARTERLY JOURNAL OF ECONOMICS , 2003
"... Immigration is not evenly balanced across groups of workers that have the same education but differ in their work experience, and the nature of the supply imbalance changes over time. This paper develops a new approach for estimating the labor market impact of immigration by exploiting this variatio ..."
Abstract - Cited by 648 (21 self) - Add to MetaCart
Immigration is not evenly balanced across groups of workers that have the same education but differ in their work experience, and the nature of the supply imbalance changes over time. This paper develops a new approach for estimating the labor market impact of immigration by exploiting

Dynamic Itemset Counting and Implication Rules for Market Basket Data

by Sergey Brin, Rajeev Motwani, Jeffrey D. Ullman, Shalom Tsur , 1997
"... We consider the problem of analyzing market-basket data and present several important contributions. First, we present a new algorithm for finding large itemsets which uses fewer passes over the data than classic algorithms, and yet uses fewer candidate itemsets than methods based on sampling. We in ..."
Abstract - Cited by 615 (6 self) - Add to MetaCart
We consider the problem of analyzing market-basket data and present several important contributions. First, we present a new algorithm for finding large itemsets which uses fewer passes over the data than classic algorithms, and yet uses fewer candidate itemsets than methods based on sampling. We

New evidence and perspectives on mergers

by Gregor Andrade, Mark Mitchell, Erik Stafford - Journal of Economic Perspectives , 2001
"... As in previous decades, merger activity clusters by industry during the 1990s. One particular kind of industry shock, deregulation, becomes a dominant factor, accounting for nearly half of the merger activity since the late 1980s. In contrast to the 1980s, mergers in the 1990s are mostly stock swaps ..."
Abstract - Cited by 497 (3 self) - Add to MetaCart
swaps, and hostile takeovers virtually disappear. Over our 1973 to 1998 sample period, the announcement-period stock market response to mergers is positive for the combined merging parties, suggesting that mergers create value on behalf of shareholders. Consistent with that, we find evidence of improved

The Wealth of Networks: How Social Production Transforms Markets and Freedom

by Yochai Benkler , 2007
"... This is a visionary book written by a man on a mission. It articulates one possible answer to the question of what might come after the proprietary-based knowledge-based economy that currently exists in advanced countries. Benkler is professor of law at Yale Law School and one of the most ardent pro ..."
Abstract - Cited by 729 (5 self) - Add to MetaCart
proponents of the open source movement and the information commons approach. He argues that a new form of economy might be emerging, i.e. the “networked information economy”, in which nonmarket and nonproprietary commons-based peer production (i.e. “social production”) and exchange of information, knowledge

The sources and consequences of embeddedness for the economic performance of organizations: The network effect

by Brian Uzzi - American Sociological Review , 1996
"... In this paper, I attempt to advance the concept of embeddedness beyond the level of a programmatic statement by developing a formulation that specifies how embeddedness and network structure affect economic action. On the basis of existing theory and original ethnographies of 23 apparel firms, I dev ..."
Abstract - Cited by 744 (8 self) - Add to MetaCart
develop a systematic scheme that more fully demarcates the unique features, functions, and sources of embeddedness. From this scheme, I derive a set of refutable implications and test their plausibility, using another data set on the network ties of all better dress apparel firms in the New York apparel

Social capital, intellectual capital, and the organizational advantage

by Janine Nahapiet - Academy of Management Review , 1998
"... Scholars of the theory of the firm have begun to emphasize the sources and conditions of what has been described a s "the organizational advantage, " rather than focus on the causes and consequences of market failure. Typically, researchers see such organizational advantage a s accruing fr ..."
Abstract - Cited by 1215 (2 self) - Add to MetaCart
Scholars of the theory of the firm have begun to emphasize the sources and conditions of what has been described a s "the organizational advantage, " rather than focus on the causes and consequences of market failure. Typically, researchers see such organizational advantage a s accruing

Economic analysis of social interactions

by Charles F. Manski - JOURNAL OF ECONOMIC PERSPECTIVES , 2000
"... Economists have long been ambivalent about whether the discipline should focus on the analysis of markets or should be concerned with social interactions more generally. Recently the discipline has sought to broaden its scope while maintaining the rigor of modern economic analysis. Major theoretical ..."
Abstract - Cited by 509 (3 self) - Add to MetaCart
Economists have long been ambivalent about whether the discipline should focus on the analysis of markets or should be concerned with social interactions more generally. Recently the discipline has sought to broaden its scope while maintaining the rigor of modern economic analysis. Major
Results 1 - 10 of 39,114