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作者:Chen, Li; Lee, Hau L.
作者单位:Cornell University; Stanford University
摘要:Companies that source from emerging economies often face supplier responsibility risks, namely, financial and reputational burdens that the companies have to bear when their suppliers' engagement in noncomplying labor and environmental practices becomes public. To mitigate such risks, companies can invest in screening mechanisms and design incentive schemes in sourcing contracts. Common mitigation instruments include supplier certification, process audits, and contingency payments. The interac...
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作者:Gallino, Santiago; Moreno, Antonio; Stamatopoulos, Ioannis
作者单位:Dartmouth College; Northwestern University
摘要:We study the effects of the introduction of cross-channel functionalities on the overall sales dispersion of retailers and the implications of these effects for inventory management. To do that, we analyze data from a leading U.S. retailer who introduced a ship-to-store (STS) functionality that allows customers to ship products to their local store free of charge when those products are not available in their local store. Based on the fact that stores prioritize carrying products for which loc...
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作者:Gao, Huasheng; Zhang, Wei
作者单位:Nanyang Technological University; Shanghai University of Finance & Economics
摘要:We show that U.S. state-level employment nondiscrimination acts (ENDAs)-laws that prohibit discrimination based on sexual orientation and gender identity-spur innovation. We find a significant increase in patents and patent citations for firms head-quartered in states that have passed ENDAs relative to firms head-quartered in states that have not. This result is more pronounced for firms that previously have not implemented pro-gay nondiscrimination policies, for firms in states with a large h...
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作者:Graham, John R.; Harvey, Campbell R.; Puri, Manju
作者单位:Duke University; National Bureau of Economic Research
摘要:We provide new evidence that the subjective look of competence rather than beauty is important for CEO selection and compensation. Our experiments, studying the facial traits of CEOs using nearly 2,000 subjects, link facial characteristics to both CEO compensation and performance. In one experiment, we use pairs of photographs and find that subjects rate CEO faces as appearing more competent than non-CEO faces. Another experiment matches CEOs from large firms against CEOs from smaller firms an...
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作者:Wang, Long; Murnighan, J. Keith
作者单位:City University of Hong Kong; Northwestern University
摘要:Although people generally try to avoid lying, the lure of potential monetary payoffs often leads to unethical behavior. The current research investigates whether small monetary rewards for honesty help people resist the temptations of larger incentives or whether they backfire and lead to even more dishonesty. Four experiments address these issues. Experiment 1 shows that a $1 bonus led people to act more honestly when they could have lied to obtain $4; an identical bonus, however, did not inc...
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作者:Bulte, Erwin; Lensink, Robert; Nhung Vu
作者单位:Wageningen University & Research; University of Groningen; Can Tho University
摘要:We use a randomized control trial to evaluate the impact of a business training for female clients of a microfinance institution in northern Vietnam, and we consider the impact on (i) business knowledge, (ii) practices, and (ii) outcomes, as well as (iv) firm entry and exit decisions. In addition, we vary the nature of the intervention by inviting husbands to participate in the trainings for a subsample of our respondents. To gauge both short-termand medium-termeffects, we combine data from tw...
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作者:Ata, Baris; Skaro, Anton; Tayur, Sridhar
作者单位:University of Chicago; Northwestern University; Feinberg School of Medicine; Carnegie Mellon University
摘要:There are over 90,000 patients in the United States waiting for a kidney transplant. Under the current allocation policy, the vast majority of deceased organs are allocated locally. This causes significant disparities in waiting times and access to transplant across different geographical areas. To ameliorate this inequity, we propose an operational solution that offers affordable jet services (OrganJet) to patients on the transplant waiting list, allowing them to list in multiple different, a...
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作者:Mueller, Alfred; Scarsini, Marco; Tsetlin, Ilia; Winkler, Robert L.
作者单位:Universitat Siegen; Luiss Guido Carli University; INSEAD Business School; Duke University
摘要:We develop a continuum of stochastic dominance rules, covering preferences from first- to second-order stochastic dominance. The motivation for such a continuum is that while decision makers have a preference for more is better, they are mostly risk averse but cannot assert that they would dislike any risk. For example, situations with targets, aspiration levels, and local convexities in induced utility functions in sequential decision problems may lead to preferences for some risks. We relate...
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作者:Jagabathula, Srikanth; Rusmevichientongb, Paat
作者单位:New York University; University of Southern California
摘要:The selection of products and prices offered by a firm significantly impacts its profits. Existing approaches do not provide flexible models that capture the joint effect of assortment and price. We propose a nonparametric framework in which each customer is represented by a particular price threshold and a particular preference list over the alternatives. The customers follow a two-stage choice process; they consider the set of products with prices less than the threshold and choose the most ...
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作者:Peterson, Jonathan R.; Schneider, Henry S.
作者单位:Nazarbayev University; University of Louisiana System; Louisiana Technical University; Queens University - Canada
摘要:We document a basic characteristic of adverse selection in secondhand markets for durable goods: goods with higher observed quality may have more adverse selection and hence lower unobserved quality. We provide a simple theoretical model to demonstrate this result, which is a consequence of the interaction of sorting between drivers over observed quality and adverse selection over unobserved quality. We then offer empirical support using data on secondhand prices and repair rates of used cars ...