-
作者：Negoescu, Diana M.; Bimpikis, Kostas; Brandeau, Margaret L.; Iancu, Dan A.
作者单位：University of Minnesota System; University of Minnesota Twin Cities; Stanford University; Stanford University
摘要：Currently available medication for treating many chronic diseases is often effective only for a subgroup of patients, and biomarkers accurately assessing whether an individual belongs to this subgroup typically do not exist. In such settings, physicians learn about the effectiveness of a drug primarily through experimentation-i.e., by initiating treatment and monitoring the patient's response. Precise guidelines for discontinuing treatment are often lacking or left entirely to the physician's ...
-
作者：Wang, Ruxian; Sahin, Ozge
作者单位：Johns Hopkins University
摘要：Consumers search for product information to resolve valuation uncertainties before purchase. We incorporate search cost into consumer choice models and study the two-stage consider then choose policy. In the first stage, a consumer forms her consideration set by balancing utility uncertainty and search cost. In the second stage, she evaluates all products in her consideration set and chooses the one with the highest net utility. We show that the revenue-ordered assortment (i.e., the offer set ...
-
作者：Leibbrandt, Andreas; Wang, Liang Choon; Foo, Cordelia
作者单位：Monash University; Monash University
摘要：This study experimentally investigates gender quotas in light of peer review. We investigate competitions with and without gender quotas and a peer review process that allows for sabotage. Our findings show that the possibility of peer sabotage renders the gender quota ineffective in encouraging women to enter tournaments. Moreover, we provide evidence of a severe backlash against women, as they become targets of sabotage under gender quotas. Interestingly, this is the result of women focusing...
-
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...
-
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...
-
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...
-
作者：Chew, Soo Hong; Yi, Junjian; Zhang, Junsen; Zhong, Songfa
作者单位：National University of Singapore; Chinese University of Hong Kong
摘要：We study the role of risk aversion underlying son preference in patriarchal societies, where sons serve as better insurance for old-age support than daughters. The implications of an insurance motive on son preference are twofold. First, prior to the birth of their children, more-risk-averse parents have a stronger preference for sons than for daughters. Second, after the birth of their children, parents with sons are more risk seeking, compared to parents with daughters. We adopt a within-twi...
-
作者：Garofalo, Orsola; Rott, Christina
作者单位：Copenhagen Business School; Maastricht University
摘要：Decision makers frequently have a spokesperson communicate their decisions. In this paper, we address two questions. First, does it matter who communicates an unfair decision? Second, does it matter how the unfair decision is communicated? We conduct a modified dictator game experiment in which either the decision maker or a spokesperson communicates the decided allocation to recipients, who then determine whether to punish either of them. We find that receivers punish both the decision maker ...
-
作者：Liberti, Jose Maria
作者单位：Northwestern University; DePaul University
摘要：This paper examines how organizational form affects incentives inside a financial institution. Using unique organization-level data, I exploit a change to the hierarchical organization to test whether delegation of authority and reduction of oversight improve the provision of effort by loan officers. I find that empowering loan officers increases their effort in producing and using soft information in their lending decisions. Consistent with the incentive view of delegation, loan officers who ...
-
作者：Halaburda, Hanna; Piskorski, Mikolaj Jan; Yildirim, Pinar
作者单位：Bank of Canada; New York University; International Institute for Management Development (IMD); University of Pennsylvania
摘要：We show that a two-sided matching platform can successfully compete by limiting the number of choices it offers to its customers, while charging higher prices than platforms with unrestricted choice. We develop a stylized model of online dating where agents with different outside options match based on how much they like each other. Starting from these microfoundations, we derive the strength and direction of indirect network effects and show that increasing the number of potential matches has...
