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Publications

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  • All HBS Web  (119,809)
    • Faculty Publications  (15)

    Show Results For

    • All HBS Web  (119,809)
      • Faculty Publications  (15)

      Pratt, John W.Remove Pratt, John W. →

      Page 1 of 15 Results
      • 2008
      • Working Paper

      Some Neglected Axioms in Fair Division

      By: John W. Pratt
      Conditions one might impose on fair allocation procedures are introduced. Nondiscrimination requires that agents share an item in proportion to their entitlements if they receive nothing else. The "price" procedures of Pratt (2007), including the Nash... View Details
      Keywords: Resource Allocation; Valuation; Price; Cost
      Citation
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      Pratt, John W. "Some Neglected Axioms in Fair Division." Harvard Business School Working Paper, No. 08-094, May 2008.
      • 2008
      • Book

      Introduction to Statistical Decision Theory

      By: John W. Pratt, Howard Raiffa and Robert Schlaifer
      Citation
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      Pratt, John W., Howard Raiffa, and Robert Schlaifer. Introduction to Statistical Decision Theory. Paperback ed. MIT Press, 2008.
      • December 2007
      • Article

      Fair (and Not So Fair) Division

      By: John W. Pratt
      Drawbacks of existing procedures are illustrated and a method of efficient fair division is proposed that avoids them. Given additive participants' utilities, each item is priced at the geometric mean (or some other function) of its two highest valuations. The... View Details
      Keywords: Price; Management Practices and Processes; Valuation
      Citation
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      Pratt, John W. "Fair (and Not So Fair) Division." Journal of Risk and Uncertainty 35, no. 3 (December 2007).
      • 2007
      • Working Paper

      Fair (and Not So Fair) Division

      By: John W. Pratt
      Drawbacks of existing procedures are illustrated and a method of efficient fair division is proposed that avoids them. Given additive participants' utilities, each item is priced at the geometric mean (or some other function) of its two highest valuations. The... View Details
      Keywords: Fairness; Price
      Citation
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      Pratt, John W. "Fair (and Not So Fair) Division." Harvard Business School Working Paper, No. 08-016, September 2007.
      • 2007
      • Working Paper

      Correlated Equilibrium and Nash Equilibrium as an Observer's Assessment of the Game

      By: John Hillas, Elon Kohlberg and John W. Pratt
      Noncooperative games are examined from the point of view of an outside observer who believes that the players are rational and that they know at least as much as the observer. The observer is assumed to be able to observe many instances of the play of the game; these... View Details
      Keywords: Decision Choices and Conditions; Game Theory; Cooperation
      Citation
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      Hillas, John, Elon Kohlberg, and John W. Pratt. "Correlated Equilibrium and Nash Equilibrium as an Observer's Assessment of the Game." Harvard Business School Working Paper, No. 08-005, July 2007.
      • Article

      How Many Balance Functions Does It Take To Determine A Utility Function?

      By: John W. Pratt
      Citation
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      Pratt, John W. "How Many Balance Functions Does It Take To Determine A Utility Function?" Journal of Risk and Uncertainty 31, no. 2 (September 2005): 109–127. (Article in Honor of Paul Samuelson's 90th Birthday.)
      • December 2000
      • Article

      Efficient Risk Sharing: The Last Frontier

      By: John W. Pratt
      Keywords: Risk and Uncertainty
      Citation
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      Pratt, John W. "Efficient Risk Sharing: The Last Frontier." Management Science 46, no. 12 (December 2000): 1545–1553. (Japanese version, translated by Fumiko Seo, in Modeling and Decision Making in Ambiguous Environments, Fumiko Seo and Takao Fukuchi, eds., 2002 (Kyoto U. Press).)
      • Article

      A New Interpretation of the F Statistic

      By: John W. Pratt and Robert Schlaifer
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      Pratt, John W., and Robert Schlaifer. "A New Interpretation of the F Statistic." American Statistician 52, no. 2 (May 1998): 141–143.
      • 1997
      • Article

      Increasing Risk: Some Direct Constructions

      By: John W. Pratt and Mark J. Machina
      Keywords: Risk and Uncertainty
      Citation
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      Pratt, John W., and Mark J. Machina. "Increasing Risk: Some Direct Constructions." Journal of Risk and Uncertainty 14 (1997): 103–127.
      • August 1996
      • Article

      Willingness to Pay and the Distribution of Risk and Wealth

      By: John W. Pratt and Richard Zeckhauser
      Keywords: Risk and Uncertainty; Wealth
      Citation
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      Pratt, John W., and Richard Zeckhauser. "Willingness to Pay and the Distribution of Risk and Wealth." Journal of Political Economy 104 (August 1996): 747–763.
      • 1995
      • Book

      Introduction to Statistical Decision Theory

      By: John W. Pratt, Howard Raiffa and Robert Schlaifer
      Keywords: Mathematical Methods; Decision Making; Theory
      Citation
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      Pratt, John W., Howard Raiffa, and Robert Schlaifer. Introduction to Statistical Decision Theory. MIT Press, 1995.
      • 1991
      • Book

      Principals and Agents: The Structure of Business

      By: John W. Pratt and Richard Zeckhauser
      Keywords: Organizational Structure
      Citation
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      Pratt, John W. and Richard Zeckhauser, eds. Principals and Agents: The Structure of Business. Harvard Business School Press, 1991.
      • 1982
      • Article

      The Contraction Mapping Approach to the Perron-Frobenius Theory: Why Hilbert's Metric?

      By: Elon Kohlberg and John W. Pratt
      Keywords: Theory; Measurement and Metrics
      Citation
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      Kohlberg, Elon, and John W. Pratt. "The Contraction Mapping Approach to the Perron-Frobenius Theory: Why Hilbert's Metric?" Mathematics of Operations Research, no. 7 (1982): 198–210.
      • December 1979
      • Article

      Evaluating and Comparing Projects: Simple Detection of False Alarms

      By: John S. Hammond and John W. Pratt
      Keywords: Performance Evaluation
      Citation
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      Hammond, John S., and John W. Pratt. "Evaluating and Comparing Projects: Simple Detection of False Alarms." Journal of Finance 34, no. 5 (December 1979): 1231–1242.
      • January 1971 (Revised March 1992)
      • Case

      Rubicon Rubber Co.

      By: John W. Pratt
      Keywords: Rubber Industry
      Citation
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      Pratt, John W. "Rubicon Rubber Co." Harvard Business School Case 171-330, January 1971. (Revised March 1992.)
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