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作者:Chan, Jason; Wang, Jing
作者单位:University of Minnesota System; University of Minnesota Twin Cities; Hong Kong University of Science & Technology
摘要:Online labor marketplaces facilitate the efficient matching of employers and workers across geographical boundaries. The exponential growth of this nascent online phenomenon holds important social and economic implications, as the hiring decisions made on these online platforms implicate the incomes of millions of workers worldwide. Despite this importance, limited effort has been devoted to understanding whether potential hiring biases exist in online labor platforms and how they may affect h...
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作者:Natarajan, Karthik; Sim, Melvyn; Uichanco, Joline
作者单位:Singapore University of Technology & Design; National University of Singapore; University of Michigan System; University of Michigan
摘要:A basic assumption of the classical newsvendor model is that the probability distribution of the random demand is known. But in most realistic settings, only partial distribution information is available or reliably estimated. The distributionally robust newsvendor model is often used in this case where the worst-case expected profit is maximized over the set of distributions satisfying the known information, which is usually the mean and covariance of demands. However, covariance does not cap...
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作者:van Leeuwen, Boris; Noussair, Charles N.; Offerman, Theo; Suetens, Sigrid; van Veelen, Matthijs; van de Ven, Jeroen
作者单位:Tilburg University; Tilburg University; University of Arizona; University of Amsterdam; Tinbergen Institute; University of Amsterdam; Harvard University; University of Amsterdam
摘要:Evolutionary explanations of anger as a commitment device hinge on two key assumptions. The first is that it is predictable, ex ante, whether someone will get angry when feeling that he or she has been badly treated. The second is that anger is associated with destructive behavior. We test the validity of these two assumptions. We collected photos of responders in an ultimatum game before they were informed about the game that they would be playing, and we filmed responders with webcams during...
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作者:Wang, Jingqi; Zhou, Yong-Pin
作者单位:University of Hong Kong; University of Washington; University of Washington Seattle
摘要:We study how queue configuration affects human servers' service time by comparing dedicated queues with shared queues using field data from a natural experiment in a supermarket. We hypothesize that queue configuration may affect servers' service rate through several mechanisms: pooling may affect service rate directly as a result of social loafing effect and competition effect and indirectly via its impact on queue length. To investigate these impacts, we take advantage of the supermarket's c...
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作者:Cui, Yao; Duenyas, Izak; Sahin, Ozge
作者单位:Cornell University; University of Michigan System; University of Michigan; Johns Hopkins University
摘要:In this paper, we study a conditional upgrade strategy that has recently emerged in the travel industry. After a consumer makes a reservation for a product (e.g., a hotel room), she is asked whether she would like to upgrade her product to a higher-quality (more expensive) one at a discounted price. The upgrade, however, is not fulfilled immediately. The firm fulfills upgrades at check-in if higher-quality products are still available, and the upgrade fee is charged to the consumer if and only...
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作者:Huang, Tingliang; Liang, Chao; Wang, Jingqi
作者单位:Boston College; University of Hong Kong
摘要:Bespoke, or mass customization strategy, combines demand learning and preference learning. We develop an analytical framework to study the economic value of bespoke systems and investigate the interaction between demand learning and preference learning. We find that it is possible for demand learning and preference learning to be either complements or substitutes, depending on the customization cost and the demand uncertainty profile. They are generally complements when the personalization cos...