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作者：Bennett, Victor Manuel; Pierce, Lamar; Snyder, Jason A.; Toffel, Michael W.
作者单位：University of Southern California; Washington University (WUSTL); University of California System; University of California Los Angeles; Harvard University
摘要：Competition among firms yields many benefits but can also encourage firms to engage in corrupt or unethical activities. We argue that competition can lead organizations to provide services that customers demand but that violate government regulations, especially when price competition is restricted. Using 28 million vehicle emissions tests from more than 11,000 facilities, we show that increased competition is associated with greater inspection leniency, a service quality attribute that custom...
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作者：Lu, Yingda; Jerath, Kinshuk; Singh, Param Vir
作者单位：Rensselaer Polytechnic Institute; Carnegie Mellon University
摘要：We study the drivers of the emergence of opinion leaders in a networked community where users establish links to others, indicating their trust for the link receiver's opinion. This leads to the formation of a network, with high in-degree individuals being the opinion leaders. We use a dyad-level proportional hazard model with time-varying covariates to model the growth of this network. To estimate our model, we use Weighted Exogenous Sampling with Bayesian Inference, a methodology that we dev...
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作者：Aksoy-Pierson, Margaret; Allon, Gad; Federgruen, Awi
作者单位：Dartmouth College; Northwestern University; Columbia University
摘要：In this paper, we postulate a general class of price competition models with mixed multinomial logit demand functions under affine cost functions. In these models, the market is partitioned into a finite set of market segments. We characterize the equilibrium behavior of this class of models in the case where each product in the market is sold by a separate, independent firm. We identify a simple and very broadly satisfied condition under which a pure Nash equilibrium exists and the set of Nas...
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作者：Lu, Yina; Musalem, Andres; Olivares, Marcelo; Schilkrut, Ariel
作者单位：Columbia University; Duke University; Universidad de Chile
摘要：We conduct an empirical study to analyze how waiting in queue in the context of a retail store affects customers' purchasing behavior. Our methodology combines a novel data set with periodic information about the queuing system (collected via video recognition technology) with point-of-sales data. We find that waiting in queue has a nonlinear impact on purchase incidence and that customers appear to focus mostly on the length of the queue, without adjusting enough for the speed at which the li...
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作者：Liu, Lin; Dukes, Anthony
作者单位：University of Southern California
摘要：We consider a theoretical setting in which firms carry multiple products and consumers incur evaluation costs not only across firms but also within firms. Consumers judiciously decide the number of firms to include in their consideration sets as well as how many products from those firms. This decision depends on the relative trade-offs of evaluating an additional product and whether it is from a firm already included in the consideration set or from an entirely new firm. The composition of co...
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作者：Phillips, Gordon; Sertsios, Giorgo
作者单位：University of Southern California; University of Houston System; University of Houston
摘要：We analyze the interaction of firm product quality and pricing decisions with financial distress and bankruptcy in the airline industry. We consider an airline's choices of quality and price as dynamic decisions that trade off current cash flows for future revenue. We examine how airline mishandled baggage, on-time performance, and pricing are related to financial distress and bankruptcy, controlling for the endogeneity of financial distress and bankruptcy. We find that an airline's quality de...
