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作者：Bhattacharya, Haimanti; Dugar, Subhasish
作者单位：Utah System of Higher Education; University of Utah; University of Calgary
摘要：We experimentally test for the effect of social status on the likelihood of partnership formation. We consider a two-player game where the opportunity to perform a hidden action by one player may render partnership formation difficult. In this context, we study how the assignment of partners' status to the top, middle, or bottom position of a preexisting status hierarchy affects collaboration. We find that partnership formation is remarkably sensitive to the partners' status affiliations. Coll...
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作者：Wu, Xiaole; Zhang, Fuqiang
作者单位：Fudan University; Washington University (WUSTL)
摘要：Motivated by the recent backshoring trend, this paper studies a sourcing game where competing firms may choose between efficient sourcing (e. g., sourcing from overseas) and responsive sourcing (e. g., sourcing from a home country). Efficient sourcing usually provides a cost advantage, whereas responsive sourcing allows a firm to obtain more accurate demand information when making procurement decisions. By characterizing the equilibrium outcome, we find some interesting results driven by the s...
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作者：Jain, Nitish; Girotra, Karan; Netessine, Serguei
作者单位：INSEAD Business School; INSEAD Business School
摘要：The use of global suppliers has increased considerably over the last three decades. Operations management theory establishes that global sourcing requires more units of inventory, but since these units are often procured at a lower cost from global suppliers the capital invested in inventory and the consequent financial burden may increase or decrease with global sourcing. This study provides rigorous firm-level empirical evidence that links the global sourcing practices of public U. S. firms ...
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作者：Gallego, Guillermo; Hu, Ming
作者单位：Columbia University; University of Toronto
摘要：We study dynamic price competition in an oligopolistic market with a mix of substitutable and complementary perishable assets. Each firm has a fixed initial stock of items and competes in setting prices to sell them over a finite sales horizon. Customers sequentially arrive at the market, make a purchase choice, and then leave immediately with some likelihood of no purchase. The purchase likelihood depends on the time of purchase, product attributes, and current prices. The demand structure in...
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作者：Fung, Simon Yu Kit; Gul, Ferdinand A.; Radhakrishnan, Suresh
作者单位：Hong Kong Polytechnic University; Monash University; Monash University Malaysia; University of Texas System; University of Texas Dallas
摘要：We examine the relationship between investment banks' initial public offering (IPO) market shares and their prior IPO underpricing in the new IPO market for China-based companies on the Hong Kong Stock Exchange. To gain expertise in Chinese business practices, investment banks have the incentive to obtain business in this new IPO market by providing high offer prices to the issuer, leading to less underpricing and less money on the table. We hypothesize and find that the less an investment ban...
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作者：Li, Yang; Ansari, Asim
作者单位：Columbia University
摘要：Marketing variables that are included in consumer discrete choice models are often endogenous. Extant treatments using likelihood-based estimators impose parametric distributional assumptions, such as normality, on the source of endogeneity. These assumptions are restrictive because misspecified distributions have an impact on parameter estimates and associated elasticities. The normality assumption for endogeneity can be inconsistent with some marginal cost specifications given a price-settin...
