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作者：Lin, Mingfeng; Liu, Yong; Viswanathan, Siva
作者单位：University of Arizona; University of Arizona; University System of Maryland; University of Maryland College Park
摘要：This study examines the effects of reputation in the nascent but rapidly growing online labor markets. In these markets, contract winners (vendors) provide clients with customized products such as computer software, business plans, and artistic designs. The products are used primarily for business purposes and require time for production after project-specific contracts are awarded. These characteristics render it unclear whether online reputation will have similar effects as in online retaili...
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作者：de Matos, Miguel Godinho; Ferreira, Pedro; Smith, Michael D.
作者单位：Universidade Catolica Portuguesa; Carnegie Mellon University; Carnegie Mellon University
摘要：We partner with a major multinational telecommunications provider to analyze the effect of subscription video-on-demand (SVoD) services on digital piracy. For a period of 45 consecutive days, a group of randomly selected households who used BitTorrent in the past were gifted with a bundle of TV channels with movies and TV shows that could be streamed as in SVoD. We find that, on average, households that received the gift increased overall TV consumption by 4.6% and reduced Internet downloads a...
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作者：Fazli, Amir; Sayedi, Amin; Shulman, Jeffrey D.
作者单位：University of Washington; University of Washington Seattle
摘要：Web-based firms often rely on cloud-based computational resources to serve customers, but the number of customers they will serve is rarely known at the time of product launch. A recent innovation in cloud computing, known as autoscaling, allows companies to automatically scale their computational load up or down to match customer demand. We build a game theory model to examine how autoscaling will affect firms' decisions to enter a new market and the resulting equilibrium prices, profitabilit...
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作者：Beer, Ruth; Ahn, Hyun-Soo; Leider, Stephen
作者单位：Indiana University System; IU Kelley School of Business; Indiana University Bloomington; University of Michigan System; University of Michigan
摘要：The relationship between a buyer and its suppliers often relies on factors beyond the terms of a contractual agreement. Buyers can therefore benefit from identifying trustworthy suppliers. We argue that precontractual actions by a supplier, for example making costly buyer-specific investments without a long-term contract, can signal a supplier's trustworthiness. We develop a theoretical model to reflect supplier trustworthiness, and determine when a buyer can benefit from identifying trustwort...
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作者：Enache, Luminita; Srivastava, Anup
作者单位：Dartmouth College
摘要：We propose a new method to estimate intangible investment outlays, other than expenditures on advertising and research and development, that are reported on a commingled basis with operating expenses in the selling, general, and administrative category of expenses. These outlays, aimed at improving organizational knowledge and capabilities, are the largest category of intangible investments and the fastest-growing category of operating investments. They affect future firm performance and risk....
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作者：Hutchison-Krupat, Jeremy
作者单位：University of Virginia
摘要：Senior leadership has two primary levers to influence a direct report: incentives and communication. Financial incentives are credible and precisely specified but offer limited flexibility. In contrast, communication is flexible but lacks precision, and must be deemed credible to affect a direct report's actions. We study a setting where senior leadership seeks to add a new initiative to their organization's portfolio. The initiative's potential to create value is not initially well understood...
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作者：Li, Zhihua; Mueller, Julia; Wakker, Peter P.; Wang, Tong, V
作者单位：University of Warwick; University of Munster; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要：Ellsberg and others suggested that decision under ambiguity is a rich empirical domain with many phenomena to be investigated beyond the Ellsberg urns. We provide a systematic empirical investigation of this richness by varying the uncertain events, the outcomes, and combinations of both. Although ambiguity aversion is prevailing, we also find systematic ambiguity seeking, confirming insensitivity. We find that ambiguity attitudes depend on the kind of uncertainty (the source) but not on the k...
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作者：Crawford, Steven; Gray, Wesley; Johnson, Bryan R.; Price, Richard A., III
作者单位：University of Houston System; University of Houston; Creighton University; University of Oklahoma System; University of Oklahoma - Norman
摘要：We examine why buy-side analysts share investment ideas on SumZero.com , a private social networking website designed to facilitate interaction and information sharing among buy-side professionals. We explore labor market motivations for information sharing and document that analysts with strong incentives to build a reputation (i.e., those who did not attend a top 10 university and those employed at small funds) are significantly more likely to share recommendations. Our findings indicate tha...
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作者：Fox, Edward; Norman, Laura; Semple, John
作者单位：Southern Methodist University
摘要：We develop a framework to model the shopping and consumption decisions of forward-looking consumers. Assuming that the consumer's future utility for each product alternative can be characterized by a standard random utility model, we use dynamic programming to determine the optimal consumption policy and the maximum expected value of consuming any n substitutable products selected while shopping (an n-pack). We propose two models. In the first (canonical) model, we assume that an alternative i...
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作者：Ensthaler, Ludwig; Nottmeyer, Olga; Weizsaecker, Georg; Zankiewicz, Christian
作者单位：IZA Institute Labor Economics; Humboldt University of Berlin; Leibniz Association; DIW Berlin - Deutsches Institut fur Wirtschaftsforschung
摘要：Multiplicative growth processes that are subject to random shocks often have an asymmetric distribution of outcomes. In a series of incentivized laboratory experiments, we showthat a large majority of participants either strongly underestimate the asymmetry or ignore it completely. Participants misperceive the spread of the outcome distribution to be too narrowband, and they estimate the median and the mode to lie too close to the center of the distribution, failing to account for the compound...
