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作者:Acland, Dan; Levy, Matthew R.
作者单位:University of California System; University of California Berkeley; University of London; London School Economics & Political Science
摘要:We implement a gym-attendance incentive intervention and elicit subjects' predictions of their postintervention attendance. We find that subjects greatly overpredict future attendance, which we interpret as evidence of partial naivete with respect to present bias. We find a significant postintervention attendance increase, which we interpret as habit formation, and which subjects appear not to predict ex ante. These results are consistent with a model of projection bias with respect to habit f...
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作者:Song, Hummy; Tucker, Anita L.; Murrell, Karen L.
作者单位:Harvard University; Brandeis University; Kaiser Permanente
摘要:We conduct an empirical investigation of the impact of queue management on patients' average wait time and length of stay (LOS). Using an emergency department's (ED) patient-level data from 2007 to 2010, we find that patients' average wait time and LOS are longer when physicians are assigned patients under a pooled queuing system with a fairness constraint compared to a dedicated queuing system with the same fairness constraint. Using a difference-in-differences approach, we find the dedicated...
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作者:Hariharan, Vijay Ganesh; Bezawada, Ram; Talukdar, Debabrata
作者单位:Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; State University of New York (SUNY) System; University at Buffalo, SUNY
摘要:Current branding literature investigates the spillover effects and extension effects due to the introduction of product extensions. However, no study so far has evaluated the aggregate market impact of these effects across different brand development strategies or accounted for the strategic decision to introduce the extension. It is important to examine the above given the significant investments and the high failure rates associated with the introduction of new product extensions. In this st...
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作者:Hutchison-Krupat, Jeremy; Kavadias, Stylianos
作者单位:University of Virginia; University of Cambridge
摘要:When senior managers make the critical decision of whether to assign resources to a strategic initiative, they have less precise initiative-specific information than project managers who execute such initiatives. Senior management chooses between a decision process that dictates the resource level ( top-down) and one that delegates the resource decision and gives up control in favor of more precise information ( bottom-up). We investigate this choice and vary the amount of information asymmetr...
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作者:Karagozoglu, Emin; Riedl, Arno
作者单位:Ihsan Dogramaci Bilkent University; Maastricht University; Leibniz Association; Ifo Institut; IZA Institute Labor Economics; Tilburg University
摘要:We experimentally explore the effect of performance information and production uncertainties on (i) subjective entitlements derived from the production process and (ii) bargaining over the jointly produced surplus. We hypothesize that performance information and details of the production process affect entitlements, which in turn influence bargaining behavior. We find that, without performance information, subjective entitlements are mostly mutually consistent, and bargaining mainly ends with ...
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作者:Liu, Yan; Shankar, Venkatesh
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:Product-harm crises (recalls) carry negative product information that adversely affects brand preference and advertising effectiveness. This negative impact of product-harm crises may differ across recall events depending on media coverage of the event, crisis severity, and consumers' prior beliefs about product quality. We develop a state space model to capture the dynamics in brand preference, advertising effectiveness, and consumer response to product recalls; integrate it with a random coe...
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作者:Danz, David; Kuebler, Dorothea; Mechtenberg, Lydia; Schmid, Julia
作者单位:Technical University of Berlin; University of Hamburg
摘要:With the help of a simple model, we show that the hindsight bias can lead to inefficient delegation decisions. This prediction is tested experimentally. In an online experiment that was conducted during the FIFA World Cup 2010, participants were asked to predict a number of outcomes of the ongoing World Cup and had to recall their assessments after the outcomes had been realized. Their answers were used to construct individual measures of the hindsight bias. The participants also had to make c...
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作者:Kumar, Anuj; Tan, Yinliang (Ricky)
作者单位:State University System of Florida; University of Florida; Tulane University
摘要:Joint product display in videos may help customers to not only evaluate the attributes of products that can influence their individual demands (direct effect) but also learn about the complementarity between them that may cause additional correlation in their demands (spillover effect). To estimate the demand effects, we introduced videos displaying apparel with matching accessories for a few randomly selected apparel on a fashion retailer's website. We found that introducing a video resulted ...
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作者:Chen, Yongmin; Zhang, Tianle
作者单位:University of Colorado System; University of Colorado Boulder; Zhejiang University; Lingnan University
摘要:This paper studies a model of interpersonal bundling, in which a monopolist offers a good for sale under a regular price and a group purchase discount if the number of consumers in a group-the bundle size-belongs to some menu of intervals. We find that this is often a profitable selling strategy in response to demand uncertainty, and it can achieve the highest profit among all possible selling mechanisms. We explain how the profitability of interpersonal bundling with a minimum or maximum grou...
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作者:McElheran, Kristina
作者单位:University of Toronto
摘要:Are market leaders more likely to be early adopters of business process innovations? Although they tend to enjoy economies of scale in adoption, leaders may find that adjustment costs also increase with scale. Prior work has focused on how misalignment of incumbents' internal capabilities may affect their technology strategy. However, technology-capability misalignment may exist outside the firm boundary as well. In this paper, I build on mainstream product innovation concepts to predict when ...