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In this article, we provide guidance for substantive researchers on the use of structural equation modeling in practice for theory testing and development. We present a comprehensive, two-step modeling approach that employs a series of nested models and sequential chi-square difference tests. We discuss the comparative advantages of this approach over a(More)
We consider bargaining problems between one buyer and one seller for a single object. The seller's valuation and the buyer's valuation for the object are assumed to be independent random variables, and each individual's valuation is unknown to the other. We characterize the set of allocation mechanisms that are Bayesian incentive compatible and individually(More)
This paper introduces a social network perspective to the study of strategic alliances. It extends prior research, which has primarily considered alliances as dyadic exchanges and paid less attention to the fact that key precursors, processes, and outcomes associated with alliances can be defined and shaped in important ways by the social networks within(More)
Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Each copy of any part of a JSTOR transmission must contain the same copyright notice that(More)
In this paper we examine the use of the key informant methodology by researchers investigating interorganizational relationships. To increase the reliability of informant reports, the use of multiple informants has often been advocated. However, interorganizational research still tends to rely on single informants. Here, we investigate issues having to do(More)
We identify and analyze a class of economies with asymmetric information that we call quasi-complete. For quasi-complete economies we determine equilibrium trades, show that the set of fully informative equilibria is a singleton, and give necessary and sufficient conditions for the existence of partially informative equi-libria. Besides unifying some(More)
Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Each copy of any part of a JSTOR transmission must contain the same copyright notice that(More)
One methodology recently introduced in the consumer research literature is that of netnography, an interpretive method devised specifically to investigate the consumer behavior of cultures and communities present on the Internet. Netnography can be defined as a written account resulting from fieldwork studying the cultures and communities that emerge from(More)
Earlier versions of the paper had Jagannathan and Sun as the authors. We thank Pat Hess and Jack Kareken for helpful discussions, Fannie Mae and University Capital Strategies Group for providing the data. We thank helpful comments. All errors are our own. The views expressed herein are those of the authors and not necessarily those of the National Bureau of(More)