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作者:Bondareva, Mariya; Pinker, Edieal
作者单位:Yale University
摘要:We model the interaction of a single buyer with a single supplier within a market in a developing country with homogeneous local suppliers and homogeneous buyers from developed nations. The buyer sources a product from a supplier and then inspects and sells it on the market, subject to quality standards such as regulations about chemical content. Suppliers decide howmuch effort to exert to ensure compliance with quality standards. Buyers are assumed to comply with contracts because they are ba...
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作者:Cui, Ruomeng; Zhang, Dennis J.; Bassamboo, Achal
作者单位:Emory University; Washington University (WUSTL); Northwestern University
摘要:Many online retailers provide real-time inventory availability information. Customers can learn from the inventory level and update their beliefs about the product. Thus, consumer purchasing behavior may be impacted by the availability information. Based on a unique setting from Amazon lightning deals, which displays the percentage of inventory consumed in real time, we explore whether and how consumers learn from inventory availability information. Identifying the effect of learning on consum...
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作者:Crama, Pascale; Sting, Fabian J.; Wu, Yaozhong
作者单位:Singapore Management University; University of Cologne; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; National University of Singapore
摘要:Companies struggle with timely project execution despite employing sophisticated management methods. Although help across projects is critical for time performance, it has not been explicitly incorporated into project management ( PM) systems. We model a PM system, based on an innovative real-life practice, that both incorporates and shapes project managers' helping behavior. A help process is at the core of this system, in which project managers may ask for and provide help while top manageme...
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作者:Ghose, Anindya; Ipeirotis, Panagiotis G.; Li, Beibei
作者单位:New York University; Carnegie Mellon University
摘要:It is now well understood that social media plays an increasingly important role in consumers' decision making. However, an overload of social media content in product search engines can hinder consumers from efficiently seeking information. We propose a structural econometric model to understand consumers' preferences and costs on search engines to improve user experience under unstructured social media. Our model combines an optimal stopping framework with an individual-level random utility ...
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作者:Bastani, Hamsa; Goh, Joel; Bayati, Mohsen
作者单位:University of Pennsylvania; International Business Machines (IBM); IBM USA; National University of Singapore; Harvard University; Stanford University
摘要:Recent Medicare legislation seeks to improve patient care quality by financially penalizing providers for hospital-acquired infections (HAIs). However, Medicare cannot directly monitor HAI rates and instead relies on providers accurately self-reporting HAIs in claims to correctly assess penalties. Consequently, the incentives for providers to improve service quality may disappear if providers upcode, i.e., misreport HAIs (possibly unintentionally) in a manner that increases reimbursement or av...
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作者:Galizzi, Matteo M.; Navarro-Martinez, Daniel
作者单位:University of London; London School Economics & Political Science; Pompeu Fabra University
摘要:We present a lab-field experiment designed to systematically assess the external validity of social preferences elicited in a variety of experimental games. We do this by comparing behavior in the different games with several behaviors elicited in the field and with self-reported behaviors exhibited in the past, using the same sample of participants. Our results show that the experimental social preference games do a poor job explaining both social behaviors in the field and social behaviors f...
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作者:Rajan, Balaraman; Tezcan, Tolga; Seidmann, Abraham
作者单位:California State University System; California State University East Bay; University of London; London Business School; University of Rochester
摘要:Medical specialists treating chronic conditions typically face a heterogeneous set of patients. Such heterogeneity arises because of differences in medical conditions as well as the travel burden each patient faces to visit the clinic periodically. Given this heterogeneity, we compare the strategic behavior of revenue-maximizing and welfare-maximizing specialists and prove that the former will serve a smaller patient population, spend more time with the patients, and have shorter waiting times...
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作者:Chang, Eric C.; Lin, Tse-Chun; Luo, Yan; Ren, Jinjuan
作者单位:University of Hong Kong; Fudan University; University of Macau
摘要:We offer a new anchoring explanation for the ex-day abnormal returns of stock distributions, including stock dividend distributions, splits, and reverse splits. We propose that investors tend to anchor on cum-day prices in valuating ex-distribution stocks, resulting in a positive association between ex-day returns and adjustment factors. We find that this positive return-factor relation exists for all three types of stock distributions and in both the pre- and post-decimalization periods. Furt...
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作者:Chan, Tian Heong; de Vericourt, Francis; Besbes, Omar
作者单位:Emory University; European School of Management & Technology; Columbia University
摘要:Maintenance service plans (MSPs) are contracts for the provision of maintenance by a service provider to an equipment operator. These plans can have different payment structures and risk allocations, which induce various types of incentives for agents in the service chain. How do such structures affect service performance and service chain value? We provide an empirical answer to this question by using unique panel data covering the sales and service records of more than 700 diagnostic body sc...
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作者:Charness, Gary; Holder, Patrick
作者单位:University of California System; University of California Santa Barbara; The Brattle Group
摘要:We conduct a laboratory experiment in which participants can make donations to real charities. We vary whether the experimenter provides matching funds for any such donations, and whether there is individual or team competition for these matching funds. Our results indicate that providing matching funds for all donations does increase donations from 23% to 33% of the endowment. While individual competition for matching funds had nearly the same effectiveness as matching all donations, by far t...