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作者：Wiles, Emma; Munyikwa, Zanele; Horton, John
作者单位：Boston University; Massachusetts Institute of Technology (MIT); National Bureau of Economic Research
摘要：There is a strong association between writing quality in resumes for new labor market entrants and whether they are ultimately hired. We show this relationship is, at least partially, causal: In a field experiment in an online labor market with nearly half a million jobseekers, treated jobseekers received nongenerative algorithmic writing assistance on their resumes. Treated jobseekers were hired 8% more often at 10% higher wages. Contrary to concerns that the assistance takes away a valuable ...
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作者：Burke, Qing; Wangerin, Daniel; Warfield, Terry
作者单位：University System of Ohio; Miami University; University of Wisconsin System; University of Wisconsin Madison
摘要：This paper examines the role of CPA financial statement assurance in securities crowdfunding. Under SEC Regulation Crowdfunding, effective May 2016, early-stage private companies are permitted to conduct securities crowdfunding offerings-low-dollar securities offerings on Internet platforms-to a large number of investors. Using SEC filings and hand-collected data on the universe of offerings from 2016 to 2019, we examine the relation between CPA assurance and capital raised in the securities c...
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作者：Schuett, Florian; Wipusanawan, Chayanin
作者单位：KU Leuven; Tilburg University; University of Passau; University of Passau
摘要：There is widespread concern about the lack of transparency regarding standard essential patents (SEPs). This paper examines the proposal to introduce essentiality checks, a certification scheme for declared SEPs. We develop a framework that allows us to evaluate how essentiality checks would impact licensing, litigation, and incentives to innovate. In our model, an upstream innovator invests in R&D and privately learns about the likely essentiality of its patents for a standard. The innovator ...
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作者：Baek, Jackie; Farias, Vivek F.; Georgescu, Andreea; Levi, Retsef; Peng, Tianyi; Sinha, Deeksha; Wilde, Joshua T.; Zheng, Andrew T.
作者单位：New York University; Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT); Columbia University; University of British Columbia
摘要：This paper provides the first sample complexity lower bounds for the estimation of simple diffusion models, including the Bass model (used in modeling consumer adoption) and the Susceptible-Infected-Recovered (SIR) model (used in modeling epidemics). We show that one cannot hope to learn such models until quite late in the diffusion. Specifically, we show that the time required to collect a number of observations that exceeds our sample complexity lower bounds is large. For the Bass model, our...
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作者：Sen, Michael
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作者：Cao, Tingcun; Li, Xiaolin; Zhang, Lingling
作者单位：University of Hong Kong; University of London; London School Economics & Political Science; China Europe International Business School
摘要：Firms increasingly use a combination of image and text description when displaying products and engaging consumers. Existing research has examined consumers' response to text and image stimuli separately but has yet to systematically consider how the semantic relationship between image and text impacts consumer choice. In this research, we conduct a series of multimethod empirical studies to examine the congruence between image- and text-based product representation. First, we propose a deep-l...
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作者：Li, Zhaolin; Liang, Guitian
作者单位：University of Sydney; Jinan University
摘要：Because of various factors (such as a lack of adequate statistical knowledge or data, unforeseen weather events), the yields of agricultural products often exhibit a high level of ambiguity. When facing distributional ambiguity in yields, farmers and landowners may base their contracting decisions on descriptive statistics, such as the mean and variance. To investigate how limited information could reshape optimal contract forms, we consider an agricultural supply chain in which a landowner co...
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作者：Hwang, Hyun
作者单位：University of Texas System; University of Texas Austin
摘要：I develop an analytical model to examine the effect of disclosure on organizational structure. In this model, an owner with two investment projects decides whether to organize them as a single multidivisional firm or two stand-alone firms whose manager(s) may issue a truthful but costly disclosure of each project's profitability to raise capital. In a multidivisional firm, capital is initially provided by investors and subsequently allocated across the two projects by the manager. The analysis...
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作者：Ramdas, Kamalini; Sungu, Alp
作者单位：University of London; London Business School; University of Pennsylvania
摘要：Smartphones have enabled the delivery of life-improving information services to base-of-the-pyramid (BOP) consumers. However, little is known about how the poor interact with the digital world. Through a novel app we developed to investigate real-time smartphone usage, we identify an unnoticed barrier to digital information access by the poor-data shortages. By analyzing over 9.4 million minutes of smartphone usage data from 929 residents of a Mumbai settlement, we find that entertainment cons...
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作者：Balocco, Francesco; Lu, Yixin; Li, Ting; Gupta, Alok
作者单位：Vrije Universiteit Amsterdam; George Washington University; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; University of Minnesota System; University of Minnesota Twin Cities
摘要：Two auction-based channels play a crucial role in facilitating transactions of ad impressions in display advertising: real-time bidding (RTB), which is accessible to all advertisers, and private marketplace (PMP), which is restricted to a select group of advertisers through invitation-based agreements with publishers. Despite the ongoing discourse on the benefits and drawbacks of these two channels, how their coexistence influences the market dynamics and outcomes remains an open question. In ...
