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作者：Lu, Yixin; Gupta, Alok; Keller, Wolfgang; van Heck, Eric
作者单位：George Washington University; University of Minnesota System; University of Minnesota Twin Cities; University of Cologne; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
摘要：We develop a dynamic structural model of competitive bidding in multiunit sequential business-to-business auctions. Our model accounts for two notable characteristics of these auctions: (i) bidders have multiple purchase opportunities for the same product, and (ii) winning bidders in each round can acquire multiple units of the same product. We apply the model to bidding data from the world's largest flower wholesale market at which trades are facilitated through fast-paced, sequential, Dutch ...
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作者：Cui, Yao; Orhun, A. Yesim; Duenyas, Izak
作者单位：Cornell University; University of Michigan System; University of Michigan
摘要：This paper studies the effect of introducing a new vertical differentiation strategy, paying for an upgrade to a premium product after purchasing the base product, on the price dispersion of the base product arising from existing price discrimination strategies. In particular, we examine how a major U.S. airline's price dispersion in the coach cabin changes after introducing the option to upgrade to a new type of premium economy seating within the coach cabin. We first provide a theoretical an...
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作者：Horton, John J.
作者单位：New York University
摘要：Employers in an online labor market often pursue workers with little capacity to take on more work. The pursuit of low-capacity workers is consequential, as these workers are more likely to reject employer inquires, causing a reduction in the probability that a job opening is ultimately filled. In an attempt to shift more employer attention to workers with greater capacity, the market-designing platform examined in this paper introduced a new signaling feature into the market. It was effective...
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作者：Hwang, Byoung-Hyoun; Liberti, Jose Maria; Sturgess, Jason
作者单位：Cornell University; Korea University; Northwestern University; DePaul University; University of London; Queen Mary University London
摘要：We study how information sharing within an organization affects individual performance. We look at situations in which the same analyst, while working at the same broker, covers multiple mergers and acquisitions (M&As), in particular the acquirer prior to the M&A and the merged firm thereafter. We find that earnings forecasts for the merged firm are significantly more accurate when the analyst has a colleague (working at the same broker) covering the target prior to the M&A. This holds particu...
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作者：Kummer, Michael; Schulte, Patrick
作者单位：University System of Georgia; Georgia Institute of Technology; University of East Anglia; Leibniz Association; Zentrum fur Europaische Wirtschaftsforschung (ZEW); Deutsche Bundesbank
摘要：We shed light on a money-for-privacy trade-off in the market for smartphone applications (apps). Developers offer their apps at lower prices in return for greater access to personal information, and consumers choose between low prices and more privacy. We provide evidence for this pattern using data from 300,000 apps obtained from the Google Play Store (formerly Android Market) in 2012 and 2014. Our findings show that the market's supply and demand sides both consider an app's ability to colle...
