Showing papers by "Texas Christian University published in 2006"
TL;DR: It is proposed that people judge others' deceptions more harshly than their own and that this double standard in evaluating deceit can explain much of the accumulated literature.
Abstract: We analyze the accuracy of deception judgments, synthesizing research results from 206 documents and 24,483 judges. In relevant studies, people attempt to discriminate lies from truths in real time with no special aids or training. In these circumstances, people achieve an average of 54% correct lie-truth judgments, correctly classifying 47% of lies as deceptive and 61% of truths as nondeceptive. Relative to cross-judge differences in accuracy, mean lie-truth discrimination abilities are nontrivial, with a mean accuracy d of roughly .40. This produces an effect that is at roughly the 60th percentile in size, relative to others that have been meta-analyzed by social psychologists. Alternative indexes of lie-truth discrimination accuracy correlate highly with percentage correct, and rates of lie detection vary little from study to study. Our meta-analyses reveal that people are more accurate in judging audible than visible lies, that people appear deceptive when motivated to be believed, and that individuals regard their interaction partners as honest. We propose that people judge others' deceptions more harshly than their own and that this double standard in evaluating deceit can explain much of the accumulated literature.
1,493 citations
TL;DR: In this article, the authors used a panel dataset that tracks corporate board development from the time of a firm's IPO through 10 years later and found that board independence is negatively related to the manager's influence and positively related to constraints on such influence.
Abstract: Many theories have been proposed to explain how corporate boards are structured. This paper groups these theories into three hypotheses and tests them empirically. We utilize a unique panel dataset that tracks corporate board development from the time of a firm's IPO through 10 years later. The data indicate that: (i) board size and independence increase as firms grow in size and diversify over time; (ii) board size - but not board independence - reflects a trade-off between the firm-specific benefits of monitoring and the costs of such monitoring; and (iii) board independence is negatively related to the manager's influence and positively related to constraints on such influence. These results are consistent with the view that economic considerations - in particular, the specific nature of the firm's competitive environment and managerial team - help explain cross-sectional variation in corporate board size and composition. Nonetheless, much of the variation in board structures remains unexplained even when all three hypotheses are combined, suggesting that idiosyncratic factors affect many individual boards' characteristics.
1,400 citations
TL;DR: In this paper, the relative influence of vertical versus shared leadership within new venture top management teams on the performance of startups using two different samples was investigated, and both vertical and shared leadership were found to be highly significant predictors of new venture performance.
Abstract: The current study investigated the relative influence of vertical versus shared leadership within new venture top management teams on the performance of startups using two different samples. Vertical leadership stems from an appointed or formal leader of a team (e.g., the CEO), whereas shared leadership is a form of distributed leadership stemming from within a team. Transformational, transactional, empowering, and directive dimensions of both vertical and shared leadership were examined. New venture performance was considered in terms of revenue growth and employee growth. The first sample was comprised of 66 top management teams of firms drawn from Inc. Magazine's annual list of America's 500 fastest growing startups. The seconded sample consisted of 154 top management teams of startups randomly drawn from Dun and Bradstreet, which compiles the most extensive database available for identifying relatively young American-based ventures. Both vertical and shared leadership were found to be highly significant predictors of new venture performance. Further, hierarchical regression analysis found the shared leadership variables to account for a significant amount of variance in new venture performance beyond the vertical leadership variables. These results were consistent across both samples, thus providing robust evidence for the value of shared leadership, in addition to the more traditional concept of vertical leadership.
687 citations
TL;DR: This article examined the relationship between improvisation and entrepreneurial intentions and found that improvisation accounts for a significant amount of variance in entrepreneurial intention above and beyond what is accounted for by other relevant individual difference measures.
Abstract: This study examines the relationship between improvisation and entrepreneurial intentions. Of specific interest is whether or not a proclivity for improvisation explains any variance in entrepreneurial intentions beyond what is accounted for by other relevant individual difference measures. Using a sample of 430 college students, entrepreneurial intentions are found to be significantly associated with measures of personality, motivation, cognitive style, social models, and improvisation. The strongest relationship is found between entrepreneurial intentions and improvisation. The results of hierarchical regression show that improvisation accounts for a significant amount of variance in entrepreneurial intention above and beyond what is accounted for by the other variables.
422 citations
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TL;DR: In this paper, the authors developed a new measure competition based on the pre-public, private takeover process that indicates that public takeover activity is only the tip of the iceberg of actual takeover competition during the 1990s, and they showed a highly competitive market where half of the targets were auctioned among multiple bidders, while the remainder negotiated with a single bidder.
Abstract: As measured by the number of bidders that publicly attempt to acquire a target, the takeover arena in the 1990s was not competitive. However, we develop a new measure competition based on the pre-public, private takeover process that indicates that public takeover activity is only the tip of the iceberg of actual takeover competition during the 1990s. We show a highly competitive market where half of the targets were auctioned among multiple bidders, while the remainder negotiated with a single bidder. In event study analysis, we find that the wealth effects for target shareholders are comparable in auctions and negotiations.
415 citations
TL;DR: In this paper, the impact of networks and changing institutional environments on venture capital during different phases of an economic transition process in emerging economies is investigated and the implications are for venture capital and the role of informal institutions as formal institutions become more established.
Abstract: Emerging economies are characterized by fundamental and comprehensive institutional transformations as their economies begin to mature. How venture capitalist functions in environments that differ so fundamentally from those of the mature markets where venture capital was initially developed has only begun to be addressed. This article builds a framework to further the understanding of venture capital practice in emerging markets. Specific attention is focused on the impact of networks in the model, in particular, how networks and other informal institutions can act to supplement or replace formal institutions when they are weak. The article goes on to examine what the implications are for venture capital and the role of informal institutions in emerging economies as formal institutions become more established. The research and resulting model is grounded in 65 semistructured interviews with venture capitalists in emerging economies around East Asia. This article contributes to the literature by drawing attention to the impact of networks and changing institutional environments on venture capital during different phases of an economic transition process in emerging economies. The findings have implications for understanding institutional impact on venture capital activity as well as entrepreneurs and entrepreneurial ventures that seek venture capital financing in emerging economies.
404 citations
TL;DR: In this paper, a model of when, why, and how the influence of entrepreneur leadership behavior on new venture performance is likely to be moderated by the level of environmental dynamism.
368 citations
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TL;DR: A dominant pan-cultural stereotype is revealed: that liars avert gaze, which is carried out in 75 different countries and 43 different languages.
Abstract: This article reports two worldwide studies of stereotypes about liars. These studies are carried out in 75 different countries and 43 different languages. In Study 1, participants respond to the open-ended question “How can you tell when people are lying?” In Study 2, participants complete a questionnaire about lying. These two studies reveal a dominant pan-cultural stereotype: that liars avert gaze. The authors identify other common beliefs and offer a social control interpretation.
281 citations
TL;DR: In this article, the authors make two distinct additions to the literature relating to control, organizational citizenship behaviors and salesperson performance, and show that sales manager control has a stronger impact on OCB through POS, than directly, and POS has a strong impact on salesperson OCB.
Abstract: Interest in management control approaches and organizational factors associated with higher levels of salesperson performance is reflected in research streams concerned with behavior-based control strategies and organizational citizenship behaviors (OCBs). This study makes two distinct additions to the literature relating to control, organizational citizenship behaviors and salesperson performance. First, the study distinguishes between salesperson in-role behavior performance and outcome performance to model in-role behavior performance as a mediator between OCB and outcome performance. Second, the work supports sales manager control as an antecedent to OCB. A second model introduces perceived organizational support (POS) as an additional antecedent to salesperson OCB, and more important, as a consequence of sales manager control. This construct has not been included in prior salesperson OCB studies. Results show sales manage control has a stronger impact on OCB through POS, than directly, and POS has a strong impact on salesperson OCB.
266 citations
TL;DR: Examination of individual differences in change in extraversion, neuroticism, and work and relationship satisfaction found cross-lagged models indicated traits had a greater influence on role satisfaction; however, marginal support emerged for work satisfaction leading to increased extraversion.
Abstract: The present study examined individual differences in change in extraversion, neuroticism, and work and relationship satisfaction. Of particular interest were the correlations between changes. Data were from the Victorian Quality of Life Panel Study (B. Headey & A. Wearing, 1989, 1992), in which an overall 1,130 individuals participated (ages 16 to 70). Respondents were assessed every 2 years from 1981 to 1989. Four major findings emerged. (a) There were significant individual differences in changes in extraversion and neuroticism. (b) Change was not limited to young adulthood. (c) Development was systematic in that increased work and relationship satisfaction was associated with decreases in neuroticism and increases in extraversion over time; on average, the magnitude of the relation between changes in work and relationship satisfaction and traits was .40. (d) Cross-lagged models indicated traits had a greater influence on role satisfaction; however, marginal support emerged for work satisfaction leading to increased extraversion. Implications of correlated change are discussed.
259 citations
TL;DR: This paper provides a foundation for modeling the set of activities and their relationships by which systems are engineered, or, more broadly, by which products and services are developed, and distinguishes and clarify several important concepts in modeling processes.
Abstract: This paper provides a foundation for modeling the set of activities and their relationships by which systems are engineered, or, more broadly, by which products and services are developed. It provides background, motivations, and formal definitions for process modeling in this specialized environment. We treat the process itself as a kind of system that can be engineered. However, while product systems must be created, the process systems for developing complex products must, to a greater extent, be discovered and induced. Then, they tend to be reused, either formally as standard processes, or informally by the workforce. We distinguish and clarify several important concepts in modeling processes, including: product development versus repetitive business processes, descriptive versus prescriptive processes, activities as actions versus deliverables as interactions, standard versus deployed processes, centralized versus decentralized process modeling, “as is” versus “to be” process modeling, and multiple phases in product development. We also present a basically simple yet highly extendable and generalized framework for modeling product development processes. The framework enables building a single model to support a variety of purposes, including project planning (scheduling, budgeting, resource loading, and risk management) and control, and it provides the scaffolding for knowledge management and organizational learning, among numerous other uses. © 2006 Wiley Periodicals, Inc. Syst Eng 9: 104–128, 2006This paper would not be possible without the benefits of uncounted interactions with professional and academic colleagues over the past decade. We thank the many participants in our tutorials at the 2001–2003 International Symposia of INCOSE for their helpful comments and feedback. We also thank Andy Sage for his comments and advice and three anonymous reviewers for their helpful suggestions, all of which improved the paper.
TL;DR: The authors show that the asymmetric effects of income taxes and special items for profit and loss firms contribute substantially to a discontinuity at zero in the distribution of earnings, even in the absence of discretion.
Abstract: We show that the asymmetric effects of income taxes and special items for profit and loss firms contribute substantially to a discontinuity at zero in the distribution of earnings. Income taxes draw profit observations towards zero while negative special items pull loss observations away from zero. These earnings components are thus expected to contribute to a discontinuity even in the absence of discretion. We show our results are not an artifact of deflation, and that other common components of earnings do not have similar effects on the earnings distribution around zero.
TL;DR: An Hinfin suboptimal state feedback controller for constrained input systems is derived using the Hamilton-Jacobi-Isaacs (HJI) equation of a corresponding zero-sum game that uses a special quasi-norm to encode the constraints on the input.
Abstract: An Hinfin suboptimal state feedback controller for constrained input systems is derived using the Hamilton-Jacobi-Isaacs (HJI) equation of a corresponding zero-sum game that uses a special quasi-norm to encode the constraints on the input. The unique saddle point in feedback strategy form is derived. Using policy iterations on both players, the HJI equation is broken into a sequence of differential equations linear in the cost for which closed-form solutions are easier to obtain. Policy iterations on the disturbance are shown to converge to the available storage function of the associated L2-gain dissipative dynamics. The resulting constrained optimal control feedback strategy has the largest domain of validity within which L2-performance for a given gamma is guaranteed
TL;DR: In this article, the authors examined the basic psychometric properties of the TCU Criminal Thinking Scales (TCU CTS), a brief self-rating instrument developed to assess cognitive functioning expected to be related to criminal conduct.
Abstract: Risk assessments generally rely on actuarial measures of criminal history. However, these static measures do not address changes in risk as a result of intervention. To this end, this study examines the basic psychometric properties of the TCU Criminal Thinking Scales (TCU CTS), a brief (self-rating) instrument developed to assess cognitive functioning expected to be related to criminal conduct. Findings demonstrate that these scales have good psychometric properties and can serve as a short but reliable self-reported criminal thinking assessment. Their applications as part of an assessment system to determine offender progress and effectiveness are discussed.
TL;DR: Focus groups conducted with 60 participants recruited from a drop-in center for young adults who are homeless found participants responded favorably to respectful, empathic, and pet friendly providers who were supportive and encouraging without disregarding their autonomy.
TL;DR: The Kalahari Craton was initially stabilized following cessation of Palaeoproterozoic orogenesis in southern Africa at ca. 1.4-1.8 Ga as discussed by the authors.
TL;DR: The authors propose a variety of knowledge exchange mechanisms, as well as relational similarity as key mechanisms for the development of this shared understanding between CIOs and TMT members in U.S. and French organizations.
Abstract: The gap in understanding between the Chief Information Officer (CIO) and the top management team (TMT) has often been cited as a cause of a troubled CIO/TMT relationship. Recent research has proposed the development of a shared understanding about the role of information systems (IS) in the organization as a key endeavor in bridging the "gap in understanding" between CIOs and TMT members. The authors propose a variety of knowledge exchange mechanisms, as well as relational similarity as key mechanisms for the development of this shared understanding. This study examines the cross-cultural efficacy of such mechanisms. Specifically, the study compares the development of this shared understanding between ClOs and the TMT in U.S. and French organizations. The research model is empirically tested using structural equation modeling via a field survey with two data samples: 1) 163 U.S. CIOs and 2) 44 French ClOs. The results show both similarities and differences in these mechanisms. Specifically, in both samples, CIO educational mechanisms impact the development of a shared understanding. However, while in the French sample social systems of knowing are key mechanisms, in the U.S. sample structural systems of knowing and relational similarity are key mechanisms of achieving a shared understanding between the CIO and TMT.
TL;DR: The authors developed an empirically generated sales position taxonomy based on changing selling activities and strategies and applied it to six categories of contemporary sales jobs, i.e., salesperson relationship focus, technology, global competition, shifting customer preferences and demands, forced downsizing, increased competitive pressure, and other factors have contributed to altering the salesperson role.
Abstract: The sales job of the early twenty-first century has evolved due to myriad rapidly changing environmental factors Customer relationship focus, technology, global competition, shifting customer preferences and demands, forced downsizing, increased competitive pressure, and other factors have contributed to altering the salesperson role—what salespeople do Yet outdated taxonomies are referenced when researching and writing about sales jobs This paper develops an empirically generated sales position taxonomy based on changing selling activities and strategies First, a set of 105 activities are factor analyzed to create 12 dimensions of selling Second, the factor scores are entered into a cluster analysis The resulting factor score centroids allow for interpretation of a taxonomy of six categories of contemporary sales jobs
TL;DR: The results of this study highlight the ubiquitous nature of stereotyped beliefs about fat youth, which influence a variety of behavioral intentions and may contribute to discriminatory behaviors and difficult peer relationships.
TL;DR: In some cases, the lowermost sediment sampling stations on many rivers are too far upstream of the coast to represent lower coastal plain sediment fluxes, and thus tend to overestimate sediment yields as mentioned in this paper.
Abstract: Coastal and marine sedimentary archives are sometimes used as indicators of changes in continental sediment production and fluvial sediment transport, but rivers crossing coastal plains may not be efficient conveyors of sediment to the coast. Where this is the case, changes in continental sediment dynamics are not evident at the river mouth. Stream power is typically low and accommodation space high in coastal plain river reaches, resulting in extensive alluvial storage upstream of estuaries and correspondingly low sediment loads at the river mouth. In some cases there is a net loss of sediment in lower coastal plain reaches, so that sediment input from upstream exceeds yield at the river mouth. The lowermost sediment sampling stations on many rivers are too far upstream of the coast to represent lower coastal plain sediment fluxes, and thus tend to overestimate sediment yields. Sediment which does reach the river mouth is often trapped in estuaries and deltas. Assessment of sediment flux from coastal plain rivers is also confounded by the deceptively simple question of the location of the mouth of the river. On low-gradient coastal plains and shelves, the location of the river mouth may have varied by hundreds of kilometers due to sea-level change. The mouth may also differ substantially according to whether it is defined based on channel morphology, network morphology, hydrographic or hydrochemical criteria, elevation of the channel relative to sea level, or the locus of deposition. Further, while direct continent-to-ocean flux may be very low at current sea-level stands, sediment stored in estuaries and lower coastal plain alluvium (including deltas) may eventually become part of the marine sedimentary package. The role of accommodation space in coastal plain alluvial sediment storage has been emphasized in previous work, but low transport capacity controlled largely by slope is also a crucial factor, as we illustrate with examples from Texas.
TL;DR: The role of mitochondria in the aging of wild-type Caenorhabditis elegans was examined in this article, showing that two key mitochondrial functions -the activity of two electron transport chain complexes and oxygen consumption -decayed as animals aged.
TL;DR: In this article, the authors provide new evidence on termination provisions and the takeover bidding process, and show that termination provisions are positively related to competition in the process of a takeover, consistent with the information/commitment hypothesis.
Abstract: We provide new evidence on termination provisions and the takeover bidding process. Our central contribution is a novel database from SEC documents that accurately measures the incidence of termination provisions and the depth of competition in takeover deals. We show that biased data in prior research produced incorrect conclusions on the relation between termination provisions and judicial decisions, bidder toeholds and deal size. Our comprehensive data also show that termination provisions are positively related to takeover competition. Our evidence is consistent with the information/commitment hypothesis in which termination provisions do not truncate bidding but instead culminate the takeover process.
TL;DR: In this article, the authors examine the relation between analyst coverage and accruals quality and find that firms with low accrual quality have higher forecast errors and dispersion, while firms with high coverage and high forecast errors have higher dispersion.
Abstract: We examine the relation between analyst coverage and accruals quality Because accrual accounting requires managers to estimate the future economic consequences of current events, accruals reflect estimation errors and potential managerial opportunism This may lower accruals quality and provide noisier signals of firm value If investors turn to analysts for supplemental information, then demand for analyst services will increase as accruals quality decreases Because lower accruals quality increases the value of their services, analysts have greater incentives to cover firms with low accruals quality Our results support these hypotheses Although firms with low accruals quality have greater analyst coverage and forecast revisions, we also find they have larger forecast errors and dispersion Thus, analysts are unable to fully resolve the uncertainty in accruals This is consistent with accruals reflecting information risk
TL;DR: The relationship of ovarian cancer survivorship and physical side effects of treatment or recurrence is insufficient given increasing survival rates and the nature and management of physical symptoms in ovarian cancer survivors need further study.
Abstract: PURPOSE/OBJECTIVES To review what is known about survivorship issues for women after ovarian cancer treatment while identifying gaps and controversies. DATA SOURCES MEDLINE, CINAHL, and CancerLit database searches using the key words ovarian cancer, quality of life (QOL), chronic care, coping, uncertainty, and survivor separately and in combination. DATA SYNTHESIS Data were categorized into psychosocial, QOL, and physical symptoms and reviewed for design, sample size, method, and outcome. CONCLUSIONS Ovarian cancer studies focus on women's symptoms and concerns during treatment. Needs and issues of long-term survivors lack exploration. The relationship of ovarian cancer survivorship and physical side effects of treatment or recurrence is insufficient given increasing survival rates. IMPLICATIONS FOR NURSING The nature and management of physical symptoms, beyond pain, in ovarian cancer survivors need further study. Specifically, QOL and psychosocial issues for long-term survivors require study. Consequences for women who undergo major tissue debulking or multiple and aggressive courses of cytotoxic treatments must be understood to facilitate intervention.
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TL;DR: In this article, the impact of CEO/founder departure on new venture performance was investigated using data from the Sheshunoff BankSearch Database and performance data from U.S. startup banks.
Abstract: Several studies have examined the impact of aCEO's exit from the firm on the firm's performance. However, the findingsof these studies are mixed and inconclusive.This research seeks tounderstand the impact on social capital of CEO/founder departure among bothmature and new ventures. The role of social capital within new ventures is explored via pastliterature, as is the impact of social capital losses on new ventureperformance and the ways in which top management teams (TMTs) mitigate theselosses.The researchers propose five hypotheses related to the influenceof founder/CEO departure on new venture performance.Employing data fromthe Sheshunoff BankSearch Database that was compiled from 1996 to 2000, asample (n=798) of performance data from U.S. startup banks iscompiled. The findings of the study indicate significant support for the followingthree hypotheses:(1) firm performance is negatively impacted byfounder/CEO departure; (2) firm performance is negatively influenced byrepeated exits in the CEO position; and (3) the relationship between firmperformance and CEO/founder exit is regulated as the size of the TMTincreases.No support is foundfor the following hypotheses:(1)firm performance will improve if the founder/CEO maintains that position forthe first three years of firm existence, and (2) firm performance will beregulated by the presence of an additional TMT member plus the founder/CEO.(AKP)
TL;DR: It is suggested that Weber’s law regulates behavioral suppression after reward downshifts, because of the long intervals between training and test solutions.
TL;DR: In this article, the authors examined the impact of the departure of a chief executive officer (CEO) on firm performance and found that the ability of the entrepreneurial firm to perform better is affiliated with the social capital within the organization.
Abstract: The founder/chief executive officer (CEO) exit is a significant event for all business organizations However, a social capital perspective suggests that the exit of the founder/CEO may be more disruptive for new start-ups due to the critical role the founder/CEO plays in the new organization and the heightened potential chance for failure of a new venture A social capital perspective suggests that the ability of the entrepreneurial firm to perform better is affiliated with the social capital within the organization This study supports a social capital perspective of CEO exit and social capital's impact on performance It helps establish a foundation of study of CEO exit and new ventures from this perspective Introduction There has been a wide variety of research that has examined the impact of the departure of a chief executive officer (CEO) on firm performance (Jayaraman et al 2000; Begley 1995; Daily and Dalton 1992) The evidence from these various streams of research has not provided a consistent set of findings (Jayaraman et al 2000) Entrepreneurial start-ups present the opportunity to provide fresh insight on CEO turnaround by examining a setting where the performance impact of CEO exit is particularly profound; the impact of CEO exit is enhanced because there is a general absence of slack resources to help the organization overcome the CEO exit However, to date, the impact of CEO exit from the perspective of entrepreneurial new ventures has not been extensively examined This paper will examine such ventures, and how new ventures are able to respond to the loss of the CEO, from a social capital perspective, to understand how new ventures can successfully navigate such issues A founder/CEO of a new venture is critical to that venture not only for their leadership but also for the web of relationships that they build Such relationships form a critical part of the organization's social capital Such social capital can be important in dealing with suppliers, obtaining new customers or employees, and navigating regulation relevant to the new venture In a large mature organization, there are a variety of individuals throughout the organization that can do such activities However, in a new venture due to its less intense staffing, the focus of such activities is on the founder/CEO and other top managers The importance of social capital in new ventures to perform such activities has been discussed as part of the ability of the new firm to overcome its liability of newness (Li and Guisinger 1991; Freeman, Carroll, and Hannan 1983) Thus, when a founder/CEO leaves the new venture, the impact can be particularly dramatic because it directly impacts the social capital of the organization To date, however, there has not been an extensive empirical effort to understand the role of social capital in CEO exit for either mature or new ventures New ventures, in the same way as more mature businesses, have the potential to respond and seek to compensate for the loss of the CEO In a new venture, however, the response to such a loss can also more immediately be examined because the new venture has less slack in the organization, which can be redirected to cover such a loss Thus, it is more directly discernable when the new venture seeks to aid individuals with social capital to offset that lost when the founder/CEO left the organization It could be expected from a social capital perspective that those organizations that are able to mitigate the loss of social capital will outperform those firms that are unable to do so Therefore, this study also examines the mitigating factors available to the new venture to offset the loss of social capital associated with the loss of the founder/CEO This empirical study will make three contributions to the literature First, the paper provides fresh insights on the impact of the loss of a CEO in an environment where such an activity is particularly critical …
TL;DR: In this article, the authors tested two theoretical models of perceived understanding as a potential mediator of perceived teacher confirmation and students' ratings of instruction, finding that confirming behaviors have both direct and indirect effects on students' rating of instruction.
Abstract: This study tested two theoretical models of perceived understanding as a potential mediator of perceived teacher confirmation and students’ ratings of instruction. Participants included 651 undergraduate students who completed survey measures. Results of structural equation modeling provided greater support for the confirmation process model, whereby students’ perceived understanding partially mediated the effects of perceived teacher confirmation on both teacher credibility and evaluations. Further, perceived teacher confirmation accounted for 64% of the variance in perceived understanding, and both confirmation and understanding accounted for 70% and 72% of the variances in teacher evaluations and credibility, respectively. Among the more important implications of this research is the finding that confirming behaviors have both direct and indirect effects on students’ ratings of instruction.
TL;DR: In this article, the authors argue that leading heterodox economists would be better served by a freedom-centered synthesis of paradigmism and pluralism: an egalitarian pluralism that is committed to intellectual diversity as well as to capabilitiesenhancing reforms in economic education, scholarship, and professional development.
Abstract: This paper seeks to reconcile two competing visions of heterodox economics: a radical Kuhnian view in which the chief aim of heterodox economists is to construct a unique, superior, and ultimately hegemonic paradigm to replace the prevailing paradigm(s) of mainstream economics, and an emerging pluralist view in which the principal goal of heterodox economics is to promote intellectual tolerance and exchange among academic economists at large. The author claims that leading heterodox economists (some of whom profess to be pluralists) remain committed to the paradigmist approach, but that heterodox economists would be better served by a freedom-centered synthesis of paradigmism and pluralism: an egalitarian pluralism that is committed to intellectual diversity as well as to capabilities-enhancing reforms in economic education, scholarship, and professional development. The author outlines a philosophical framework and justification for this egalitarian pluralist economics, combining McCloskey's vis...
TL;DR: The Journal of Management, now one of the preeminent journals in the discipline of management, completed its 30th year of publication in 2004 as mentioned in this paper, and has a history of the journal and a glimpse into the work of its editors.