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作者:Sharkey, Amanda J.; Kovacs, Balazs
作者单位:University of Chicago; Yale University
摘要:The majority of extant studies involving status argue that status enters into choice and evaluation because people personally believe that status serves as a signal of quality. However, this mechanism seems less plausible in cases when consensus on the meaning of quality is lacking. To understand how and why status often nonetheless enters into evaluation in those cases, this paper contributes to a growing body of work that proposes that individuals and organizations are particularly likely to...
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作者:Kwark, Young; Chen, Jianqing; Raghunathan, Srinivasan
作者单位:State University System of Florida; University of Florida; University of Texas System; University of Texas Dallas
摘要:Firms employ various techniques to obtain information about consumer taste/location and valuation prior to making product design decisions. User-generated content has become an important information source. The vast variety and volume of user-generated content makes firms better informed about consumers (precision-improving effect), and the common and public nature of user-generated content makes firms' information more correlated (correlation-increasing effect). We examine the impact of user-...
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作者:Lee, Clarence; Ofek, Elie; Steenburgh, Thomas J.
作者单位:Cornell University; Harvard University; University of Virginia
摘要:We study how digital service firms can develop an active customer base, focusing on two questions. First, how does the way that customers use the service postadoption to meet their own needs (personal usage) and to interact with one another (social usage) vary across customer acquisition methods? Second, how do firm-to-customer and customer-to-customer communications promote different types of usage? We study these questions using two data sets and by developing a multivariate hierarchical Poi...
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作者:Ramachandran, Karthik; Tereyagoglu, Necati; Xia, Yusen
作者单位:University System of Georgia; Georgia Institute of Technology; University System of Georgia; Georgia State University
摘要:Firms in several industries, such as medicine, apparel, and publishing, must jointly determine the price and production quantity of their products well in advance of the selling season. Normative prescriptions to solve this problem have generally ignored behavioral aspects of decision making while behavioral research has paid limited attention to interdependent, multidimensional decisions. We experimentally examine subjects' performance when they jointly determine price and quantities. We find...
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作者:Carlsson, John Gunnar; Song, Siyuan
作者单位:University of Southern California
摘要:We determine the efficiency of a delivery system in which an unmanned aerial vehicle (UAV) provides service to customers while making return trips to a truck that is itself moving. In other words, a UAV picks up a package from the truck (which continues on its route), and after delivering the package, the UAV returns to the truck to pick up the next package. Although the hardware for such systems already exists, the extent to which such an approach can actually provide a significantly improved...
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作者:Clement, Julien; Puranam, Phanish
作者单位:INSEAD Business School; INSEAD Business School
摘要:Is top-down organization design worth attempting at all, or should organizations simply let their members learn which patterns of interaction are valuable by themselves, through a bottom-up process? Our analysis of an agent-based computational model shows that weak enforcement of even a randomly selected formal structure in a top-down manner can usefully guide the bottom-up emergence of networks of intraorganizational interactions between agents. In the absence of formal structure, interaction...
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作者:Conti, Raffaele; Valentini, Giovanni
作者单位:Universidade Catolica Portuguesa; University of Navarra; IESE Business School
摘要:Incumbents can enjoy a cost advantage vis-a-vis new entrants and so deter new firm entry by establishing and leveraging connections with the judicial system. Connected firms may in fact avoid fully complying with the costly norms implied by a law, a regulation, or a contract. At the same time, they can also credibly threaten to sue new entrants. Therefore, a change in the institutional environment that diminishes the ability of incumbent firms to establish judicial connections-i.e., an increas...
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作者:Garg, Rajiv; Telang, Rahul
作者单位:University of Texas System; University of Texas Austin; Carnegie Mellon University
摘要:Prior research suggests that social connections, including acquaintances, friends, and family, are valuable in a job search process. In these studies, the size of an average job seeker's network was much smaller and limited by the available modes of communication and the costs associated with maintaining social connections. However, the recent growth of online social networks has enabled job seekers to stay connected with many connections, weak or strong. Thus, the number of online connections...
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作者:Kou, Steven; Peng, Xianhua; Zhong, Haowen
作者单位:National University of Singapore; National University of Singapore; Hong Kong University of Science & Technology; Columbia University
摘要:We propose a spatial capital asset pricing model and a spatial arbitrage pricing theory (S-APT) that extend the classical asset pricing models by incorporating spatial interaction. We then apply the S- APT to study the comovements of eurozone stock indices (by extending the Fama-French factor model to regional stock indices) and the futures contracts on S&P/Case-Shiller Home Price Indices; in both cases, spatial interaction is significant and plays an important role in explaining cross-section...
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作者:Regnier, Eva
作者单位:United States Department of Defense; United States Navy; Naval Postgraduate School
摘要:Many probability forecasts are revised as new information becomes available, generating a time series of forecasts for a single event. Although methods for evaluating probability forecasts have been extensively studied, they apply to a single forecast per event. This paper is the first to evaluate probability forecasts that are made-and therefore revised-at many lead times for a single event. I postulate a norm for multi-period probability-forecasting systems and derive properties that should ...