In this paper, we study the asset pricing implication of imprecise knowledge about rare events. Modeling rare events as jumps in the aggregate endowment, we explicitly solve the equilibrium asset prices in a pure-exchange economy with a representative agent who…

This paper presents a knowledge-based approach for capturing data and rationale, so
that the experience and insights gained while pursuing a major project or endeavor can
be utilized when pursuing future endeavors of a similar nature. The proposed

An increasing number of organizations are involved in the development of strategic
information systems for effective linkages with their suppliers, customers, and other
channel partners involved in transportation, distribution, warehousing and maintenance
activities. An efficient inter-organizational inventory…

Learning from experience, the cyclical interplay of thinking and doing, is increasingly
important as organizations struggle to cope with rapidly changing environments and more
complex and interdependent sets of knowledge. This paper confronts two central issues
for organizational learning: (1)…

Complex goods and processes require ever more sophisticated and specialized knowledge; harnessing multiple kinds of expertise to execute tasks, solve problems, and develop strategies is increasingly critical to organizations' survival. When specialists come together, however, they often speak in different…

This report shows how knowledge about the visual world can be built into a shape representation in the form of a descriptive vocabulary making explicit the important geometrical relationships comprising objects' shapes. Two computational tools are offered: (1) Shapestokens are…

This study offers a detailed case study of how Toyota facilitates interorganizational knowledge transfers among within its production network. In particular, we identiify and examine six key institutionalized knowledge sharing routines developed by Toyota and its suppliers. By examining how…

This paper presents a knowledge-based approach to
reducing impediments to collaboration in a
distributed environment. A major impediment to
such collaboration is the issue of communications -
clearly and efficiently expressing the desires of every
stakeholder in the process, as…

This paper demonstrates the importance of knowledge for effective
management of outsourcing. Drawing on an empirical study on automakers?
management of supplier involvement in product development in Japan, this paper shows
that the level of own knowledge is critical for…

This paper presents a knowledge-based approach to facilitate the engineering design
process relating to spacecrafts. Because the design evolves over a long time and typically
involves individuals working at different locations and frequently for different
organizations, the degree of collaboration…