-
作者：Roos, Jason M. T.; Shachar, Ron
作者单位：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; Reichman University
摘要：Movie producers and exhibitors make various decisions requiring an understanding of moviegoer's preferences at the local level. Two examples of such decisions are exhibitors' allocation of screens to movies and producers' allocation of advertising across different regions of the country. This study presents a predictive model of local demand for movies with two unique features. First, arguing that consumers' political tendencies have an unutilized predictive power for marketing models, we allo...
-
作者：Abdellaoui, Mohammed; Kemel, Emmanuel
作者单位：Hautes Etudes Commerciales (HEC) Paris; Centre National de la Recherche Scientifique (CNRS); heSam Universite; Universite Pantheon-Sorbonne
摘要：We elicited the prospect theory components (utility, probability weighting, and loss aversion) when consequences are expressed as the time dedicated to a specific task or activity. A similar elicitation was performed for monetary consequences to allow an across-attribute (time/money) comparison of the elicited components (at the individual level). We obtained less concave utility and smaller loss aversion for time than for money. Moreover, while the probability weighting was predominantly inve...
-
作者：Ghani, Ejaz; Kerr, William R.; Stanton, Christopher
作者单位：The World Bank; Harvard University; Bank of Finland; National Bureau of Economic Research; Utah System of Higher Education; University of Utah
摘要：We examine the role of the Indian diaspora in the outsourcing of work to India. Our data are taken from oDesk, the world's largest online platform for outsourced contracts. Despite oDesk minimizing many of the frictions that diaspora connections have traditionally overcome, diaspora connections still matter on oDesk, with ethnic Indians substantially more likely to choose a worker in India. This higher placement is the result of a greater likelihood of choosing India for the initial contract a...
-
作者：Pownall, Grace; Vulcheva, Maria; Wang, Xue
作者单位：Emory University; State University System of Florida; Florida International University; University System of Ohio; Ohio State University
摘要：This paper examines the effects on equity home bias of two mechanisms adopted by Euronext when it was formed by the merger of four European countries' stock exchanges in 2002. The two structural mechanisms are the integration of trading platforms across the four predecessor exchanges and the creation of named segments of the integrated exchange on which firms could voluntarily list by precommitting to enhanced disclosure and transparency. Employing a difference-in-differences research design u...
-
作者：Chandra, Ambarish; Kaiser, Ulrich
作者单位：State University of New York (SUNY) System; University at Albany, SUNY; University of Toronto; University of Zurich; Leibniz Association; Zentrum fur Europaische Wirtschaftsforschung (ZEW); University of Copenhagen; IZA Institute Labor Economics
摘要：T his paper examines how the ability of traditional media firms to engage in targeted advertising has changed with the advent of the Internet. We find that the premium for reaching a homogeneous audience increases for magazines that have a companion website, as well as for those whose readers are more likely to be online. This indicates a complementarity between offline and online channels with respect to targeted advertising. We hypothesize that this result is driven by multihoming consumers ...
-
作者：Borgs, Christian; Candogan, Ozan; Chayes, Jennifer; Lobel, Ilan; Nazerzadeh, Hamid
作者单位：Microsoft; Duke University; New York University; University of Southern California
摘要：We study the multiperiod pricing problem of a service firm with capacity levels that vary over time. Customers are heterogeneous in their arrival and departure periods as well as valuations, and are fully strategic with respect to their purchasing decisions. The firm's problem is to set a sequence of prices that maximizes its revenue while guaranteeing service to all paying customers. We provide a dynamic programming based algorithm that computes the optimal sequence of prices for this problem...
-
作者：Chaturvedi, Aadhaar; Beil, Damian R.; Martinez-de-Albeniz, Victor
作者单位：University of Namur; University of Michigan System; University of Michigan; University of Navarra; IESE Business School
摘要：To stay abreast of current supply-market pricing, it is common for procurement managers to frequently organize auctions among a pool of qualified suppliers (the supply base). Sole awards can alienate losing suppliers and cause them to defect from the supply base. To maintain the supply base and thereby control the high costs of finding and qualifying new suppliers, buyers often employ split awards, which in turn inflate purchase costs. This results in a trade-off that we investigate in an infi...
-
作者：Natividad, Gabriel
作者单位：New York University
摘要：This paper introduces satellite-tracked real-time data from a large fishing firm managing its vertically, horizontally, and geographically linked ships to study the causal impact of integration on total factor productivity (TFP) after the firm acquired its vertically unintegrated contractual fish suppliers. TFP increased 16% among newly integrated ships, whereas it did not vary for already owned ships. Some classic mechanisms such as increased effort due to monitoring do not systematically exp...
-
作者：Neely, Christopher J.; Rapach, David E.; Tu, Jun; Zhou, Guofu
作者单位：Federal Reserve System - USA; Federal Reserve Bank - St. Louis; Saint Louis University; Singapore Management University; Washington University (WUSTL)
摘要：Academic research relies extensively on macroeconomic variables to forecast the U.S. equity risk premium, with relatively little attention paid to the technical indicators widely employed by practitioners. Our paper fills this gap by comparing the predictive ability of technical indicators with that of macroeconomic variables. Technical indicators display statistically and economically significant in-sample and out-of-sample predictive power, matching or exceeding that of macroeconomic variabl...
-
作者：Ghose, Anindya; Ipeirotis, Panagiotis G.; Li, Beibei
作者单位：New York University; New York University; Carnegie Mellon University
摘要：In this paper, we study the effects of three different kinds of search engine rankings on consumer behavior and search engine revenues: direct ranking effect, interaction effect between ranking and product ratings, and personalized ranking effect. We combine a hierarchical Bayesian model estimated on approximately one million online sessions from Travelocity, together with randomized experiments using a real-world hotel search engine application. Our archival data analysis and randomized exper...
