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作者：Wang, Ruxian; Dada, Maqbool; Sahin, Ozge
作者单位：Johns Hopkins University
摘要：We investigate heterogeneous customer choice behavior in the presence of main products-ancillary services with options of pay-per-use and subscription-and outside option. The willingness to pay for a service subscription is derived as a dosed-form expression, which enables us to characterize the optimal pricing strategy and the impact of service subscriptions on customer surplus. Analytical results and numerical experiments show that offering service subscriptions may result in win-win, win-wi...
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作者：August, Terrence; Dao, Duy; Kim, Kihoon
作者单位：University of California System; University of California San Diego; Korea University; University of Calgary
摘要：The patching approach to security in the software industry has been less effective than desired. One critical issue with the status quo is that the endowment of patching rights (the ability for a user to choose whether security updates are applied) lacks the incentive structure to induce better security-related decisions. However, producers can differentiate their products based on the provision of patching rights. By characterizing the price for these rights, the optimal discount provided to ...
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作者：Azriel, David; Feigin, Paul D.; Mandelbaum, Avishai
作者单位：Technion Israel Institute of Technology
摘要：Classical queueing theory has typically focused on customers, and server availability has been taken for granted. However, data accessibility and the emergence of complex service systems, for example, call centers, revealed the need to stochastically model the complex behavior of servers. In this work, we propose a new model that accommodates such behavior; we call it Erlang-S, where S stands for servers. Our model assumes a pool of present servers, some of whom are available to serve customer...
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作者：Wu, Lynn; Lou, Bowen; Hitt, Lorin
作者单位：University of Pennsylvania
摘要：Data-analytics technology can accelerate the innovation process by enabling existing knowledge to be identified, accessed, combined, and deployed to address new problem domains. However, like prior advances in information technology, the ability of firms to exploit these opportunities depends on a variety of complementary human capital and organizational capabilities. We focus on whether analytics is more valuable in firms where innovation within a firm has decentralized groups of inventors or...
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作者：Kabul, Mustafa O.; Parlakturk, All K.
作者单位：SAS Institute Inc; University of North Carolina; University of North Carolina Chapel Hill
摘要：We consider a decentralized supply chain consisting of a retailer and a supplier that serves forward-looking consumers in two periods. In each period, the supplier and the retailer dynamically set the wholesale and retail price to maximize their own profits. The consumers are heterogeneous in their evaluations of the product and are strategic in deciding whether and when to buy the product, choosing the option that maximizes their utility, including waiting for a price markdown. We derive the ...
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作者：Turmunkh, Uyanga; van den Assem, Martijn J.; van Dolder, Dennie
作者单位：IESEG School of Management; Vrije Universiteit Amsterdam; University of Nottingham
摘要：We investigate the credibility of nonbinding preplay statements about cooperative behavior, using data from a high-stakes TV game show in which contestants play a variant on the classic Prisoner's Dilemma. We depart from the conventional binary approach of classifying statements as promises or not, and propose a more fine-grained two-by-two typology inspired by the idea that lying aversion leads defectors to prefer statements that are malleable to ex-post interpretation as truths. Our empirica...
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作者：Kim, Incheol; Wan, Hong; Wang, Bin; Yang, Tina
作者单位：University of Texas System; University of Texas Rio Grande Valley; State University of New York (SUNY) System; State University of New York (SUNY) - Oswego; Marquette University; Villanova University
摘要：This paper studies the role of institutional investors in influencing corporate environmental, social, and governance (ESG) policies by analyzing the relation between institutional ownership and toxic release from facilities to which institutions are geographically proximate. We develop a local preference hypothesis based on the delegated philanthropy and transaction-costs theories. Consistent with the hypothesis, local institutional ownership is negatively related to facility toxic release. T...
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作者：Hu, Mandy Mantian; Yang, Sha; Xu, Daniel Yi
作者单位：Chinese University of Hong Kong; University of Southern California; Duke University
摘要：We study the contagious switching behavior related to a consumer's choice of wireless carriers, that is, that a consumer is more likely to switch wireless carriers if more of their contacts from the same carrier have switched. Contagious switching (or a positive network effect) can be driven by information-based social learning, as well as other mechanisms related to network size. Although previous marketing literature has documented the social-learning effect, most of the applications studied...
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作者：Bandi, Chaithanya; Han, Eojin; Nohadani, Omid
作者单位：Northwestern University; Northwestern University
摘要：We introduce a new class of adaptive policies called periodic-affine policies, which allows a decision maker to optimally manage and control large-scale newsvendor networks in the presence of uncertain demand without distributional assumptions. These policies are data-driven and model many features of the demand such as correlation and remain robust to parameter misspecification. We present a model that can be generalized to multiproduct settings and extended to multiperiod problems. This is a...
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作者：Di Maggio, Marco; Kermani, Amir; Korgaonkar, Sanket
作者单位：Harvard University; National Bureau of Economic Research; University of California System; University of California Berkeley; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要：We exploit the preemption of national banks from state laws against predatory lending by the Office of the Comptroller of the Currency (OCC) as a quasi-experiment to study the effect of deregulation and its interaction with competition on the supply of complex mortgages. Following the preemption ruling, national banks significantly increased their origination of loans with prepayment penalties relative to national banks in states without anti-predatory-lending laws. We highlight a competition ...
