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作者：Hoisl, Karin; Mariani, Myriam
作者单位：University of Mannheim; Copenhagen Business School; Bocconi University; Bocconi University
摘要：This study examines differences in income and job performance between women and men in creative, highly skilled jobs tasked with achieving technological inventions. By building on data pertaining to 9,692 inventors from 23 countries, this study shows that female inventors represent only 4.2% of total inventors, and they earn about 14% less than their male peers. The gap persists even when controlling for sources of heterogeneity, the selection of inventors into types of jobs and tasks, and pot...
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作者：Roels, Guillaume; Tang, Christopher S.
作者单位：University of California System; University of California Los Angeles
摘要：In some strategic alliances, a firm shares its manufacturing capacity with another, and the latter shares its distribution capacity with the former. Even though such bidirectional alliances have become more common, they remain challenging to manage because of the frequent disputes over capacity allocation, especially when demand is uncertain. In this paper, we investigate whether there exists a contractual mechanism that can mitigate the extent of these disputes while improving the profits of ...
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作者：Campello, Fernanda; Ingolfsson, Armann; Shumsky, Robert A.
作者单位：University of Alberta; Dartmouth College
摘要：Many service systems use case managers, servers who are assigned multiple customers and have frequent, repeated interactions with each customer until the customer's service is completed. Examples may be found in healthcare (emergency department physicians), contact centers (agents handling multiple online chats simultaneously) and social welfare agencies (social workers with multiple clients). We propose a stochastic model of a baseline case-manager system, formulate models that provide perfor...
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作者：Fos, Vyacheslav
作者单位：Boston College
摘要：Using a manually collected data set of all proxy contests from 1994 through 2012, I show that proxy contests play an important role in hostile corporate governance. Target shareholders benefit from proxy contests: the average abnormal returns reach 6.5% around proxy contest announcements. Proxy contests that address firms' business strategies and undervaluation are most beneficial for shareholders. By contrast, proxy contests that aim at changing capital structure and governance do not lead to...
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作者：Hildebrand, Thomas; Puri, Manju; Rocholl, Joerg
作者单位：Duke University; National Bureau of Economic Research; European School of Management & Technology
摘要：This paper analyzes the substantially growing markets for crowdfunding, in which retail investors lend to borrowers without financial intermediaries. Critics suggest that these markets allow sophisticated investors to take advantage of unsophisticated investors. The growth and viability of these markets critically depend on the underlying incentives. We provide evidence of perverse incentives in crowdfunding that are not fully recognized by the market. In particular, we look at group leader bi...
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作者：Baucells, Manel; Bellezza, Silvia
作者单位：University of Virginia; Columbia University
摘要：We propose the anticipation-event-recall (AER) model. Set in a continuous time frame, the AER model formally links the three components of total utility (i.e., utility from anticipation, event utility, and utility from recall). The AER model predicts the temporal profiles of instant utility experienced before, during, and after a given event. Total utility is calculated as the integral of instant utility. The model builds on the psychological elements of conceptual consumption, adaptation, and...
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作者：Funk, Russell J.; Owen-Smith, Jason
作者单位：University of Minnesota System; University of Minnesota Twin Cities; University of Michigan System; University of Michigan
摘要：This article outlines a network approach to the study of technological change. We propose that new inventions reshape networks of interlinked technologies by shifting inventors' attention to or away from the knowledge on which those inventions build. Using this approach, we develop novel indexes of the extent to which a new invention consolidates or destabilizes existing technology streams. We apply these indexes in analyses of university research commercialization and find that, although fede...
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作者：Distelhorst, Greg; Hainmueller, Jens; Locke, Richard M.
作者单位：University of Oxford; Stanford University; Stanford University; Brown University; Brown University
摘要：This study tests the hypothesis that lean manufacturing improves the social performance of manufacturers in emerging markets. We analyze an intervention by Nike, Inc., to promote the adoption of lean manufacturing in its apparel supply chain across 11 developing countries. Using difference-in-differences estimates from a panel of more than 300 factories, we find that lean adoption was associated with a 15 percentage point reduction in noncompliance with labor standards that primarily reflect f...
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作者：Shum, Stephen; Tong, Shilu; Xiao, Tingting
作者单位：City University of Hong Kong; The Chinese University of Hong Kong, Shenzhen; Harbin Institute of Technology
摘要：Many products undergo cost reductions over their product life cycles. However, strategic customers may have more incentive to wait if they expect a cost reduction to lead to a price drop. A firm that does not face any uncertainty can use pricing strategies such as price commitment and price matching to alleviate the strategic waiting of customers. However, these pricing strategies provide less flexibility than dynamic pricing for a firm facing uncertainty. In this paper, we examine the impact ...
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作者：Martin, Xiumin; Shalev, Ron
作者单位：Washington University (WUSTL); New York University
摘要：This study investigates whether firm-specific information about targets improves acquisition efficiency. We define acquisition efficiency as the total surplus generated by an acquisition and measure it as the difference in the value of the merged firm and the sum of the two firms operating separately. We find a positive association between target firm-specific information and acquisition efficiency that is driven mainly by diversifying acquisitions. Additional evidence suggests that both the l...
