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作者：McShane, Blakeley B.; Gal, David
作者单位：Northwestern University; University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital
摘要：Statistical training helps individuals analyze and interpret data. However, the emphasis placed on null hypothesis significance testing in academic training and reporting may lead researchers to interpret evidence dichotomously rather than continuously. Consequently, researchers may either disregard evidence that fails to attain statistical significance or undervalue it relative to evidence that attains statistical significance. Surveys of researchers across a wide variety of fields (including...
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作者：Bimpikis, Kostas; Markakis, Mihalis G.
作者单位：Stanford University; Pompeu Fabra University
摘要：Risk pooling has been studied extensively in the operations management literature as the basic driver behind strategies such as transshipment, manufacturing flexibility, component commonality, and drop shipping. This paper explores the benefit of risk pooling in the context of inventory management using the canonical model first studied in Eppen [Eppen GD (1979) Effects of centralization on expected costs in a multi-location newsboy problem. Management Sci. 25(5): 498-501]. Specifically, we co...
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作者：Doskeland, Trond; Pedersen, Lars Jacob Tynes
作者单位：Norwegian School of Economics (NHH)
摘要：Socially responsible investment is increasingly prevalent in financial markets and is characterized by the integration of financial and nonfinancial objectives. This paper investigates the influence of wealth concerns and moral concerns on individual investors' decisions to invest responsibly. We conduct a unique natural field experiment of investors in an online banking context, wherein we frame responsible investment with regard to either wealth or morality and study investors' subsequent be...
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作者：Kokkodis, Marios; Ipeirotis, Panagiotis G.
作者单位：New York University
摘要：Online workplaces such as oDesk, Amazon Mechanical Turk, and TaskRabbit have been growing in importance over the last few years. In such markets, employers post tasks on which remote contractors work and deliver the product of their work online. As in most online marketplaces, reputation mechanisms play a very important role in facilitating transactions, since they instill trust and are often predictive of the employer's future satisfaction. However, labor markets are usually highly heterogene...
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作者：Theodossiou, Panayiotis; Savva, Christos S.
作者单位：Cyprus University of Technology
摘要：The relationship between risk and return has been one of the most important and extensively investigated issues in the financial economics literature. The theoretical results predict a positive relation between the two. Nevertheless, the empirical findings so far have been contradictory. Evidence presented in this paper shows that these contradictions are the result of negative skewness in the distribution of portfolio excess return and the fact that the estimation of intertemporal asset prici...
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作者：Bruno, Valentina; Cornaggia, Jess; Cornaggia, Kimberly J.
作者单位：American University; Georgetown University
摘要：We exploit an investor-paid rating agency's designation as a Nationally Recognized Statistical Rating Organization (NRSRO) to test whether this certification affects the agency's information production. We use a certified issuer-paid agency as a benchmark and find robust evidence that the investor-paid agency's ratings policy-both timelier and more symmetric with respect to positive and negative information-persists after it became certified for regulatory compliance. Our results suggest that ...
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作者：Kulchina, Elena
作者单位：Duke University
摘要：Whereas early location work established the role of economic factors in entrepreneurs' location choices, recent studies suggest personal reasons as another factor. However, because the places where entrepreneurs want to live are often the places where they will likely do well, it is difficult to empirically separate the two mechanisms. We focus on entrepreneurs founding firms abroad, allowing us to more effectively isolate the effect of personal location attractiveness. We leverage entrepreneu...
