Managerial and Decision Economics: MDE 1991: Vol 12 Table of Contents

7 Pages·1991·1.6 MB·English

VOLUME 12 NUMBER 1 NEE FEBRUARY 1991
CONTENTS
Designing a Preferred Bidding Procedure for Securing Electric Generating Capacity
D. J. Duann, Ohio State University, Columbus, OH, USA .
UK Management Buy-outs: Debt, Equity and Agency Cost Implications
R. S. Thompson, University of Manchester Institute of Science and Technology, UK and
M. Wright, Centre for Management Buyout Research, Nottingham University, UK
On the Unavoidability of ‘Unscientific’ Judgment in Estimating the Cost of Capital
H. E. Thompson and W. K. Wong, University of Wisconsin-Madison, Madison, WI, USA
Market Response to Changes in Attributes of a Long-distance Passenger Rail Service
L. W. Johnson, Bond University, Queensland, Australia and C. J. Nelson, Data Sciences
Pty Ltd, Victoria, Australia
Bimodality in Diversification: an Efficiency and Effectiveness Rationale
R. Reed, Washington State University, Pullman, WA, USA.
A Study on the Wealth Effects of Irish Takeovers and Mergers
L. C. Murray, Queen’s University, Belfast, UK .
BOOK REVIEW
Product Differentiation and Non-price Competition: N. Ireland
Reviewed by P. Regibeau.
CALL FOR PAPERS
MDECDE 12 1-520 (1991) ISSN 0143-6570
VOLUME 12 NUMBER 2 NEE APRIL 1991
CONTENTS
Special Issue
Japanese Firm Behavior
Editor: M. Nakamura
Japanese Firm Behavior: Introduction to the Special Issue
M. Nakamura, University of Alberta, Edmonton, Alberta, Canada
Mechanisms for Technology Transfer in Japanese Economic History
G. Saxonhouse, University of Michigan, Ann Arbor, MI, USA
International Competitiveness of Japanese Manufacturing
D. J. Daly, York University, North York, Ontario, Canada.
Modeling the Performance of US Direct Investment in Japan: Some Empirical Estimates
M. Nakamura, University of Alberta, Edmonton, Alberta, Canada
Value Added Maximization Behavior of Firms and the Japanese Semiconductor Industry
Y. Tsurumi, Baruch College, New York, USA and H. Tsurumi, Rutgers ennai New
Brunswick, NJ, USA aa roe “or ee ee
Do Norms of Decision-Making Styles, Organizational Design and Management Affect Per-
formance of Japanese Firms? An Exploratory Study of Medium and Large Firms
G. Shibata, Yokohama City University, Yokohama, Japan, D. Tse, I. Vertinsky and D.
Wehrung, University of British Columbia, Vancouver, BC, Canada . =
The Industrial Relations System in Japan: an Interpretation and Policy Implications
M. Hashimoto, The Ohio State University, Columbus, Ohio, USA
The Theory of Contracts and Labor Practices in Japan and the United States
Y. Kanemoto, University of Tokyo, Tokyo, — and W. B. MacLeod, _— s
University, Kingston, Ontario, Canada ee Gt 8 es ce 2 —
Going Global: Japanese Science-based Strategies in the 1990s
C. J. McMillan, York University, Toronto, Canada
The Growth in the Japanese Stock Market, 1949-90 and Prospects for the Future
W. T. Ziemba and S. L. Schwartz, viaees * British Columbia, Vancouver, BC,
Canada . > aes ee Aa ‘
VOLUME 12 NUMBER 3 MLE JUNE 1991
CONTENTS
A Dynamic Almost Ideal Demand System Incorporating Consumer Expectations
P. M. Taube, University of Texas-Pan American, Edinburg, Texas, USA and D. N.
MacDonald, University of North Texas, Denton, Texas, USA .
Competitive Management and Working Capital
A. P. Hamlin and D. F. Heathfield, Department of Economics, dienacatien of
Southampton, UK SLAC Teo EE he Ge ge oe i i ie ites
Top Executive Pay and Performance
B. G. M. Main, University of St Andrews, UK .
Matching the Characteristics of a Service to the Preferences of Customers
G. V. Reed, M. R. Binks and C. T. Ennew, University of Nottingham, Nottingham, UK
Implicit Prices and Economies of Scale of Secondary Memory: the Case of Disk Drives
E. E. Anderson and Y.-M. Chen, Department of Decision Sciences, School of Business
Administration, George Mason University, Fairfax, VA, USA and Texas Insurance Com-
mission, Austin, TX, USA
Managerial Evaluation of Exogenous Forecast Sources
D. B. Lawrence, College of Business and Public Administration, Drake University, Des
Moines, IA, USA
Managerial Intensity, Firm Size and Growth
J. P. Gander, University of Utah, Salt Lake City, UT, USA
BOOK REVIEWS
Regulation and Markets: D. F. Spulber
Reviewed by Sanford V. Berg
The Innovative Choice: M. Amendola and J.-L. Gaffard
Reviewed by N. Sanchez .
VOLUME 12 NUMBER 4 ME AUGUST 1991
CONTENTS
Abandoned Mergers and the Market for Corporate Control
R. J. Taffler, City University Business School, London, UK and P. Holl, ed iawn
London, UK . a a ee ee ee
MNE Competitiveness: A Scenario-Driven Technology Transfer Construct
N. C. Georgantzas, Fordham University, New York, USA .
The Impact of the Foreign Corrupt Practices Act on US Exports
P. J. Beck, University of Illinois at Urbana-Champaign, Illinois, USA, M. W. Maher,
University of California at Davis, ee USA and A. E. nines Bank of sahil
Tokyo, Japan. or ae ee ., oe
Price-Matching Policies: An Empirical Case
J. D. Hess and E. Gerstner, North Carolina State University, Raleigh, NC, USA
Postauditing Capital Assets and Firm Performance: An Empirical Investigation
M. D. Myers, Shippensburg University, USA, L. A. Gordon, University of ere
USA and M. M. Hamer, University of Massachusetts, Boston, USA. . . .
BOOK REVIEWS
Essays on the Foundations of Game Theory: K. Binmore
Reviewed by J. E. Harrington, Jr .
Game Theoretical Foundations of Evolutionary Stability: 1. M. Bomze and B. M. Péotscher
The Theory of Evolution and Dynamical Systems: J. Hofbauer and K. Sigmund
Reviewed by L. Samuelson a ae ee ee a ee ee
VOLUME 12 NUMBER 5 MLE OCTOBER 1991
CONTENTS
The Effects of Mergers on Price and Output: Two Case Studies from the Airline Industry
G. J. Werden, A. S. Joskow and R. L. Johnson, UeS n -_Ju stice, neers
DC, USA . ee ae ee ee ‘
Accounting Choice: The Role of Monitoring Costs
C. R. Knoeber, North Carolina State University, Raleigh, NC, USA and A. J. McKee Jr,
College of Charleston, Charleston, SC, USA. se
Organizational Choice and Product Differentiation
G. Hendrikse, Tilburg University, Tilburg, The Netherlands
The Coupon-induced Tax Clientele Effect in Bond Prices
G. D. Gay, Georgia State University, Atlanta, GA, USA and S. Kim, First Economic
Research Institute, Seoul, South Korea. 0 ee
A Closed-form Expression for the Net Present Value of a Time—Power Cash-flow Function
R. W. Grubbstrém, Linkdping Institute of Technology, Linképing, Sweden
Analysts’ Utilization of Historical Earnings Information
G. J. Lobo, Syracuse University, Syracuse, NY, USA and R. D. Nair, weenie a
Wisconsin-Madison, Madison, WI, USA . a es y- 34
A Billing Policy for Credit Customers
J. D. Stowe, University of Missouri-Columbia, Columbia, MO, USA and J. L. Miller,
Clemson University, Clemson, SC, USA .
Oligopsony/Oligopoly Power and Factor Market Performance
Y.-M. Chang, Kansas State University, Manhattan, KS, USA and V. J. en —
State University, Corvallis, OR, USA . re a.
BOOK REVIEWS
The Economics of Uncertainty and Information: J. J. Laffont
The Economics of Imperfect Information: L. Phlips
Reviewed by K. Hoff .
Finance Constraints and the Theory of Money: Selected Papers: S. C. Tsiang
Money Capital in the Theory of the Firm: a Preliminary Analysis: D. Vickers
Reviewed by B. J. Robles.
Price Management: H. Simon
Reviewed by J. D. Hess
CALL FOR PAPERS
VOLUME 12 NUMBER 6 MEE DECEMBER 1991
CONTENTS
Special Issue
Corporate Structure and Control
Editor: Kose John
Corporate Structure and Control: Introduction to the Special Issue
Kose John, Stern School of Business, New York University, NY, USA .
Corporate Takeovers, Stockholder Returns and Executive Rewards
M. Firth, University of Colorado, USA
Divisional Sell-off: A Hazard Function Analysis
D. J. Ravenscraft, University of North Carolina, Chapel Hill, NC, USA and F. M.
Scherer, Harvard University, Cambridge, MA, USA . oly
Market Anticipation of Merger Activities: An Empirical Test
N. Jayaraman, Georgia Institute of Technology and University of — USA, G.
Mandelker and K. Shastri, University of Pittsburgh, USA a r :
The Two Stages of an Equity Carve-out and the Price Response of Parent and Subsidiary
Stock
A. Klein, New York University, NY, USA, J. Rosenfeld, Emory University, Atlanta, GA,
USA and W. Beranek, University of Georgia, Athens, GA, USA.
Corporate Restructuring and Incentive Effects of Leverage and Taxes
T. A. John, New York University, NY, USA
Debi, Lock-in Assets and Corporate Restructuring
J. S. Ang, Florida State University, USA .
An Anatomy of the Poison Pill
R. D. MacMinn, University of Texas at Austin, TX, USA and D. O. Cook, ave of
Colorado at Boulder, CO, USA . ». ee tee pages ;
An Explanation for Recapitalization in Corporate Control Contests
C. M. Lewis, Vanderbilt University, Nashville, TN, USA
Takeover Threats, Antitakeover Amendments and Stock Price Reaction
B. Lauterbach, Bar Ilan University, Ramat Gan, Israel, 1. B. Malitz, Fairleigh Dickinson
University, Rutherford, New Jersey, USA and J. Vu, DePaul University, Chicago, Illinois,
Premiums Paid in Block Transactions
W. H. Mikkelson, University of Oregon, Eugene, OR, USA and H. ee Nene
of Southern Colorado, Pueblo, CO, USA. . a ee he
Author Index.
Volume Contents