Adam Galinsky, the Morris and Alice Kaplan Professor of Ethics and Decision in Management, Derek Rucker, the Richard M. Clewett Research Professor and an associate professor of marketing, and David Dubois co-authored “The Accentuation Bias: Money Literally Looms Larger (and Sometimes Smaller) to the Powerless” in Social Psychological and Personality Science. The researchers found that the perception of the physical size of money is influenced by simple shifts in an individual’s momentary sense of power. Rucker also co-authored “The Orientation-Matching Hypothesis: An Emotion Specificity Approach to Affect Regulation.” The article, which examines how advertisements can be made more effective by matching emotional benefits to consumers’ needs, appeared in the Journal of Marketing Research. Rucker has also been named a Fellow of the Society for Experimental Social Psychology.
Ehud Kalai, the James J. O’Connor Professor of Decision and Game Sciences, has been awarded an honorary doctorate from the University of Paris in Dauphine. Kalai has also authored or co-authored four new papers: “Technical Perspective: The Complexity of Computing Nash Equilibrium” in Communications of the ACM; “Information Independence and Common Knowledge” in Econometrica (co-authors include Robert Weber, the Frederic E. Nemmers Professor of Decision Sciences); “A Commitment Folk Theorem” in Games and Economic Behavior; and “Cooperation and Competition in Strategic Games with Private Information” in the proceedings of the 11th ACM Conference on Electronic Commerce.
A study co-authored by William Ocasio, the John L. and Helen Kellogg Professor of Management & Organizations, has been published in Organization Science. In the study, “Event Attention, Environmental Sensemaking, and Change in Institutional Logics: An Inductive Analysis of the Effects of Public Attention to Clinton’s Health Care Reform Initiative,” Ocasio reviews the debate over and ultimate demise of the Clinton healthcare reform proposal, and develops a theory that explains how events create opportunities for cognitive realignment and transformation in institutional logics.
A paper by Mitchell Petersen, “Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches,” was the runner-up for the 2010 Michael Brennan Award for Best Paper in the Review of Financial Studies. This is the third time Petersen, the Glen Vasel Professor of Finance, has received either the top honor or been named runner-up for the award.
Marketing Professor Neal Roese co-authored “The Visualization Trap,” which was published in the Harvard Business Review. The article examines the overconfidence managers may experience as a result of visualization software. He also co-authored the article “Functional Aspects of Global Versus Local Processing: Relations Among the Structure and Content of Goals, Counterfactuals, and Regrets” in Psychological Inquiry. That article discussed how regrets over botched decisions can narrow one’s focus of attention.
Karl Schmedders, an associate professor of managerial economics and decision sciences, was the keynote speaker in May at a Kellogg-WHU Executive MBA networking event in Zurich, where he gave the presentation “Structuring Risks: The Impact of Correlation.” Schmedders also co-authored two articles recently: “Review of Outcomes from a Change in Faculty Clinic Management in a U.S. Dental School,” which appeared in the Journal of Dental Education, and “Competitive Equilibria in Semi-Algebraic Economies,” which was published in the Journal of Economic Theory.
“Stealthy Footsteps to the Boardroom: Executives’ Backgrounds, Sophisticated Interpersonal Influence Behavior, and Board Appointments,” co-authored by Ithai Stern, an assistant professor of management and organizations, was published in Administrative Science Quarterly. The article discusses the types of ingratiation that increase boardroom prospects for executives.
“An Ascending Vickrey Auction for Selling Bases of a Matroid” is forthcoming in the journal Operations Research. The paper’s co-authors include Rakesh Vohra, the John L. and Helen Kellogg Professor of Managerial Economics & Decision Sciences, and James Schummer, associate professor of managerial economics and decision sciences.
Grow From Within: Mastering Corporate Entrepreneurship and Innovation (McGraw-Hill, 2010), co-authored by Robert Wolcott, senior lecturer of entrepreneurship and innovation and executive director of the Kellogg Innovation Network (KIN), is entering its second printing and has been translated into Japanese. Chinese and Portuguese versions of the book are pending. Wolcott was a keynote speaker in October at Nordic Innovation Week in Oslo, Norway, and at business school INCAE’s 60th anniversary summit in November in Panama City, Panama.