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作者：Chen, Shi; Cohen, Morris A.; Lee, Hau
作者单位：University of Washington; University of Washington Seattle; University of Pennsylvania; Stanford University
摘要：In recent years, there has been an increasing trend in supply chains to employ a control tower approach to improve supply chain performance. One such strategy is customer -managed inventory (CMI) in which the customer (the downstream party) controls the inventory of the supplier (the upstream party). However, the optimal design of the inventory control policy and the required incentive structure for CMI has not been fully explored in the related literature. In this paper, we develop a two -ech...
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作者：Lamorgese, Andrea; Patnaik, Megha; Linarello, Andrea; Schivardi, Fabiano
作者单位：European Central Bank; Bank of Italy; Centre for Economic Policy Research - UK
摘要：We use the spread of COVID-19 in Italy, the first Western country hit by the pandemic, to investigate the role of structured management practices in responding to a large shock. We exploit a survey eliciting expected sales growth for 2020 to set up a difference -indifference analysis with repeated cross sections, leveraging the fact that the data collection began prior to the pandemic and continued throughout its spread. We find a sizable effect of such practices on firm performance: a one -st...
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作者：Feng, Yifan; Caldentey, Rene; Xin, Linwei; Zhong, Yuan; Wang, Bing; Hu, Haoyuan
作者单位：National University of Singapore; University of Chicago
摘要：Given an input graph G(in) = (V, E-in), we consider the problem of designing a sparse subgraph G =(V, E) with E subset of E-in that supports a large matching after some nodes in V are randomly deleted. We study four families of sparse graph designs (namely, clusters, rings, chains, and Erd.os-Renyi graphs) and show both theoretically and numerically that their performance is close to the optimal one achieved by a complete graph. Our interest in the stochastic sparse graph design problem is pri...
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作者：Silverman, Jackie; Barnea, Uri
作者单位：University of Delaware; Bocconi University
摘要：People often need to predict the outcomes of future events. We investigate the influence of order on such forecasts. Six preregistered studies (n 7,955) show that people are more likely to forecast improbable outcomes (e.g., that an underdog will win a game) for predictions they make later versus earlier within a sequence of multiple predictions. This effect generalizes across several contexts and persists when participants are able to revise their predictions as well as when they are incentiv...
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作者：Vieider, Ferdinand M.
作者单位：Ghent University; Mohammed VI Polytechnic University
摘要：Standard models of decision making under risk and uncertainty are deterministic. Inconsistencies in choices are accommodated by separate error models. The combination of decision model and error model, however, is arbitrary. Here, I derive a model of decision making under uncertainty in which choice options are mentally encoded by noisy signals, which are optimally decoded by Bayesian combination with preexisting information. The model predicts diminishing sensitivity toward both likelihoods a...
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作者：Ursu, Raluca Mihaela; Erdem, Tulin; Wang, Qingliang; Zhang, Qianyun
作者单位：New York University; Xi'an Jiaotong University
摘要：Do consumers search the brands they know more or less frequently than the brands with which they are unfamiliar? In this paper, we attempt to answer this question using data from an experiment with two novel features: (i) survey information on consumers' prior brand ownership, familiarity with each brand, and prior experience using different product features and (ii) eye -tracking data capturing search behavior at a very granular level. We find that consumers are generally more likely to searc...
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作者：Baucells, Manel; Grushka-Cockayne, Yael; Hwang, Woonam
作者单位：University of Virginia; Utah System of Higher Education; University of Utah
摘要：Project leaders are responsible for planning, controlling, and revising projects. As a project unfolds, the leader evaluates the project's progress by comparing ongoing costs and scope to a baseline plan and considers potential revisions. We offer a general model of managerial mental accounting, which includes loss aversion, reference point updating, and narrow framing, and examine how it impacts downstream decisions. Our model predicts insufficient adjustments of project scope and cost at rev...
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作者：Tsirtsis, Stratis; Tabibian, Behzad; Khajehnejad, Moein; Singla, Adish; Scholkoepf, Bernhard; Gomez-Rodriguez, Manuel
作者单位：Max Planck Society; Monash University; Max Planck Society; Max Planck Society
摘要：We are witnessing an increasing use of data -driven predictive models to inform decisions in high -stakes situations, from lending and hiring to university admissions. As decisions have implications for individuals and society, there is increasing pressure on decision makers to be transparent about their decision policies. At the same time, individuals may use knowledge, gained by transparency, to invest effort strategically in order to maximize their chances of receiving a beneficial decision...
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作者：Dai, Tinglong; Jerath, Kinshuk
作者单位：Johns Hopkins University; Columbia University
摘要：In this rejoinder, we address the concern about equilibrium existence in our previous work published in 2013. By making the simple adjustment of discretizing inventory ordering amounts to prevent inventory orders in arbitrarily small increments, we show that the results from that paper hold, thus maintaining the robustness of the insights obtained.
