Archive for 16 December 2006

How to Grade Essay Exams

| Peter Klein |

As students relax and return home for the Christmas holiday, we professors are stuck with grading — not always the most pleasant task. I’m holed up this weekend with two stacks of essay exams. As an experienced teacher, my grading technique is a finely honed skill. For newcomers, however, here is a primer on grading essay exams from Daniel Solove. It covers all the key points — the importance of the toss, the bottom-higher-grade theory, teetering, exam protrusion, and separation. I wish I’d known all this when I was just starting out! (Via Christine Hurt.)

16 December 2006 at 4:25 pm 6 comments

CCSM 2006

| Nicolai Foss |

The Copenhagen Conference on Strategic Management 2006 ended late Wednesday with a wine reception and entertainment by a local (very local) jazz group, “Professors’ All-Stars.” Jay Barney observed that I should be up playing with the band, “playing the trombone. You are a trombone kind of person.” I still have to deconstruct that one!

Apropos Jay his opening talk was a hilarious performance and the great fun event of the conference, but in general, there were many good laughs, fine discussions, and many excellent papers.

I realize that quite a number of the conference participants are regular O&M readers, so this is probably an excellent place to thank once again all who participated. This year’s conference was quite significantly better than last year’s conference, and the average paper quality was above that of other conferences that could be mentioned, the likely exception being Rich Makadok’s Atlanta Competitive Advantage Conference.

16 December 2006 at 2:09 pm Leave a comment

WikiSummaries

| Peter Klein |

Want to read classics like Capitalism and Freedom or hot new items like Freakonomics but don’t have the time? The Road to Serfdom is available in cartoon form, and you can buy slick (and expensive) summaries of popular management books, but in general you’re out of luck.

Until now. WikiSummaries provides free book summaries that anyone can write and edit. It’s just getting off the ground so there aren’t many summaries yet; besides Capitalism and Freedom and Freakonomics there’s not much to interest the O&M reader (except maybe Good to Great). But it’s only a matter of time before the great books in organization and strategy, like this one, are included.

16 December 2006 at 1:56 pm Leave a comment


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Nicolai J. Foss and Peter G. Klein, Organizing Entrepreneurial Judgment: A New Approach to the Firm (Cambridge University Press, 2012).
Peter G. Klein and Micheal E. Sykuta, eds., The Elgar Companion to Transaction Cost Economics (Edward Elgar, 2010).
Peter G. Klein, The Capitalist and the Entrepreneur: Essays on Organizations and Markets (Mises Institute, 2010).
Richard N. Langlois, The Dynamics of Industrial Capitalism: Schumpeter, Chandler, and the New Economy (Routledge, 2007).
Nicolai J. Foss, Strategy, Economic Organization, and the Knowledge Economy: The Coordination of Firms and Resources (Oxford University Press, 2005).
Raghu Garud, Arun Kumaraswamy, and Richard N. Langlois, eds., Managing in the Modular Age: Architectures, Networks and Organizations (Blackwell, 2003).
Nicolai J. Foss and Peter G. Klein, eds., Entrepreneurship and the Firm: Austrian Perspectives on Economic Organization (Elgar, 2002).
Nicolai J. Foss and Volker Mahnke, eds., Competence, Governance, and Entrepreneurship: Advances in Economic Strategy Research (Oxford, 2000).
Nicolai J. Foss and Paul L. Robertson, eds., Resources, Technology, and Strategy: Explorations in the Resource-based Perspective (Routledge, 2000).