Business Studies

Faculty of the Committee on Higher Degrees in Business Studies

George P. Baker, Professor of Business Administration (Business School)

The Standing Committee on Higher Degrees in Business Studies is a joint committee consisting of members from both the Harvard Business School (HBS) and the Faculty of Arts and Sciences (FAS). The committee is composed of the members of the following subcommittees:

Subcommittee on the Degree of Doctor of Philosophy in Business Economics

Pankaj Ghemawat, Jaime and Josefina Chua Tiampo Professor of Business Administration (Business School) (Chair)
George P. Baker, Professor of Business Administration (Business School)
John Y. Campbell, Otto Eckstein Professor of Applied Economics
Oliver S. Hart, Andrew E. Furer Professor of Economics
Paul Murray Healy, James R. Williston Professor of Business Administration (Business School)
Guy L. Reed III, Associate Professor of Medicine (Medical School) and Associate Professor of Immunology(Public Health)
Alvin E. Roth, George Gund Professor of Economics and Business Administration

Subcommittee on the Degree of Doctor of Philosophy in Information Technology and Management

Marco Iansiti, Professor of Business Administration (Business School) (Co-chair)
H. T. Kung, William H. Gates Professor of Computer Science and Electrical Engineering (Co-chair)
George P. Baker, Professor of Business Administration (Business School)
Paul Murray Healy, James R. Williston Professor of Business Administration (Business School)
John W. Hutchinson, Gordon McKay Professor of Applied Mechanics (on leave fall term)
Michael O. Rabin, Thomas J. Watson, Sr. Professor of Computer Science
David Mark Upton, Albert J. Weatherhead III Professor of Business Administration (Business School) (Acting Chair)

Subcommittee on the Degree of Doctor of Philosophy in Organizational Behavior

Aage B. Sørensen, Professor of Sociology, Associate of the Leverett House Senior Common Room (Chair) (on leave 2000-01)
Teresa M. Amabile, Edsel Bryant Ford Professor of Business Administration (Business School)
Daniel T. Gilbert, Professor of Psychology
J. Richard Hackman, Cahners-Rabb Professor of Social and Organizational Psychology
Jay W. Lorsch, Louis E. Kirstein Professor of Human Relations (Business School)
Peter V. Marsden, Professor of Sociology

PhD programs in Business Economics, Organizational Behavior, and Information Technology and Management are administered by the Standing Committee on Higher degrees in Business Studies consisting of members from both Harvard Business School (HBS) and the Faculty of Arts and Sciences. The programs are intended for students who wish to enter careers in scholarship and advanced research.

Each September the Committee publishes Business Studies at Harvard, a Guide to Courses, Faculty and Programs. A printed version of the guide is available at the GSAS Deans Office, Byerly Hall, 8 Garden Street and at HBS Doctoral Program Office, Sherman Hall. The guide is available at the following web site and is distributed at FAS Registration. www.hbs.edu/doctoral

Primarily for Graduates

Business Studies 2000ab. Management and Markets: Human Behavior, Organizational Economics and Strategy
Catalog Number: 5800 Enrollment: Limited to 36.
George P. Baker (Business School) and members of the HBS faculty.
Half course (fall term). M., W., F., 12:30–2. EXAM GROUP: 5, 6
This course will cover theories of human motivation and human interaction from numerous perspectives. It will include psychological, sociological, and economic theories of motivation, as well as normative and positive theories of decision making. It will also cover the foundations of corporate strategy and organizational design as informed by industrial and organizational economics; it will examine how firms organize to create value through interactions with product markets, factor markets, and labor markets. Agency theory, transaction cost economics, game theory, and the economics of information will form the analytical core.
Note: Offered jointly with the Business School as 4001/4002.

Business Studies 2000cd. Management and Markets: Administration and Finance
Catalog Number: 3946
George P. Baker (Business School) and members of the HBS faculty
Half course (spring term). M., W., F., 12:30–2. EXAM GROUP: 5, 6
The first part of this course will expose students to the classic works in administrative theory, as well as more recent work on organizational processes, the management of change and the management of technology. In the second part, we will look at the functioning of modern capital markets, and the interactions of firms within this market. Topics will include the theory of efficient markets, portfolio choice and asset pricing, basic corporate finance, empirical evidence of market imperfections, corporate governance and the role of the market for corporate control
Note: Jointly offered with the Business School as 4003/4004.

Business Studies 2110. The Economics of Business Strategy
Catalog Number: 2784 Enrollment: Limited to 36.
Pankaj Ghemawat and Kenneth S. Corts (Business School)
Half course (fall term). Tu., Th., 11:30–1. EXAM GROUP: 13, 14
This new course will focus on the application of contemporary thinking about microeconomics and, particularly, industrial organization, to business strategy. The perspective taken, however, will emphasize issues associated with business administration and research in that area.
Note: Offered jointly with the Business School as 4110.
Prerequisite: Economics 2010a, or the equivalent.

Business Studies 2120. Game Theory
Catalog Number: 8305
Adam Brandenburger (Business School)
Half course (spring term). Th., F., 2–3:30. EXAM GROUP: 7, 8, 16, 17
This is a new course on game theory, designed for doctoral students interested in the nature of the theory itself and in its applications. Game theory studies competitive and cooperative behavior in strategic environments, where the fortunes of several players are intertwined. It provides methods for identifying optimal strategies and predicting the outcome of strategic interactions. We will develop the basic tools of game theory through exercises, discussions, lectures, and readings.
Note: Offered jointly with the Business School ast 4120.

Business Studies 2130. Insitutional Foundations of Capitalism
Catalog Number: 3619
David Abraham Moss (Business School) and I J Alexander Dyck (Business School)
Half course (spring term). M., 3–6. EXAM GROUP: 8, 9
This new course is intended for students interested in examining the institutional foundations of a market economy and in exploring new approaches to institutional research. The class will meet weekly for approximately 13 weeks. In just over half of these sessions, leading scholars from a variety of related disciplines will deliver papers to faculty and students in a conventional (two-hour) seminar format and then meet exclusively with students for an additional hour. This year we will focus on institutions of corporate governance and risk management.
Note: Offered jointley with the Business School ast 4130.

Business Studies 2140. Information and Network Economics
Catalog Number: 1350
Charles King (Business School)
Half course (spring term). Tu., Th., 1–2:30. EXAM GROUP: 15, 16
This is a new course, designed as an introduction to the economics of information and networks supplemented by how firms design information products and how organizations distribute and generate information. It covers four major topics: (1) concepts of information and how to measure it, (2) how individual rational actors use information and make choices under uncertainty, (3) how information goods differ from tangible goods, and (4) how different governance mechanisms affect information creation and distribution.
Note: Offered jointly with the Business School as 4140.
Prerequisite: Economics 2010, 2020 or the equivalent; can be taken concurrently. Knowledge of multivariate calculus and basic principles of computer science.

[Business Studies 2310. Policy and Management: Theory and Application]
Catalog Number: 9281
Joseph L. Bower (Business School)
Half course (spring term). Hours to be arranged.
The readings in this new course cover related literatures of policy formulation and implementation, organization development and learning, and governance, in the context of rapidly evolving fields such as the management of innovation and application of modern information technology. Wherever possible, the perspective will be comparative. Building on classics in the field, the course will deal with contemporary topics such as rapid growth, knowledge sharing and virtual organizations. The readings are complemented by case studies so that classes will deal with theory and application.
Note: Expected to be given in 2001–02. Offered jointly with the Business School as 4310.

*Business Studies 2450. The Professional Practice of Organizational Research: Writing, Reviewing, and Publishing
Catalog Number: 1375
Robin J. Ely (Business School)
Half course (spring term). Tu., 11–1. EXAM GROUP: 13, 14
This course is designed for doctoral students interested in learning about the professional practice of writing, reviewing, and publishing organizational research. Making transparent the too-often seemingly mysterious journal reviewing process, we will follow a series of now-published papers from their initial submission to a refereed journal, through the revise-and-resubmit stage, to final submission and acceptance. These papers and the process surrounding their publication will serve as the primary pedagogical tool in the course.

Business Studies 2810. Business History Seminar
Catalog Number: 3157 Enrollment: Limited to 36.
Thomas K. McCraw (Business School)
Half course (fall term). M., 3:15–5:15. EXAM GROUP: 8, 9
The theme will be Entrepreneurship in History 1850 to the Present, with an emphasis on the period since 1925. Graduate students taking this seminar for credit will be required to write a research paper.
Note: Offered jointly with the Business School as 4810.

Graduate Courses of Reading and Research

*Business Studies 3000. Direction of Doctoral Dissertations
Catalog Number: 6863
George P. Baker (Business School) 3834, Adam M. Brandenburger (Business School) 2177 (spring term only), Richard E. Caves 1414, Pankaj Ghemawat (Business School) 234 (fall term only), and Paul Murray Healy (Business School) 3838

Cross-listed Courses

*Economics 2020a. Microeconomic Theory I
*Economics 2020b. Microeconomic Theory II
Economics 2040. Experimental Economics
Economics 2727 (formerly Economics 2427). Topics in Empirical Corporate Finance
Economics 2730 (formerly Economics 2430). Asset Pricing II
Psychology 2650. Behavioral Approaches to Decision Making and Negotiation