Although the demand for education is usually treated as human capital and thus as an investment good, some researchers have examined the consumption value of education. In 1998, we examined the demand for medical education using both a basic human capital model and an augmented human capital...

International trade is growing in importance and in real terms for many countries. As technology expands, so too does international communications which in turn can result in more knowledge spillovers. This paper explores the possibility that importing may not be the only means by which...

Moneyball (Lewis, 2003) is a book about baseball. The book describes how a small-market Major League Baseball team, the Oakland Athletics, has been able to compete with large-market teams by being innovative in a tradition-laden industry. However, when read through a business management lens,...

This paper presents a framework for organizational analysis. The empirically derived approach does not emerge from the observation of actual organizations, but from the ordering, through multivariate techniques, of criteria that organizational theorists and researchers use to evaluate the...

This paper discusses the relationships between stage of development in organizational life cycles and organizational effectiveness. We begin the paper by reviewing nine models of organizational life cycles that have been proposed in the literature. Each of these models identifies certain...