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作者:Kornish, Laura J.; Ulrich, Karl T.
作者单位:University of Colorado System; University of Colorado Boulder; University of Pennsylvania
摘要:A common approach to innovation, parallel search, is to identify a large number of opportunities and then to select a subset for further development, with just a few coming to fruition. One potential weakness with parallel search is that it permits repetition. The same, or a similar, idea might be generated multiple times, because parallel exploration processes typically operate without information about the ideas that have already been identified. In this paper we analyze repetition in five d...
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作者:Bakshi, Nitin; Flynn, Stephen E.; Gans, Noah
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作者:Anand, Krishnan S.; Pac, M. Fazil; Veeraraghavan, Senthil
作者单位:Utah System of Higher Education; University of Utah; University of Pennsylvania
摘要:In many services, the quality or value provided by the service increases with the time the service provider spends with the customer. However, longer service times also result in longer waits for customers. We term such services, in which the interaction between quality and speed is critical, as customer-intensive services. In a queueing framework, we parameterize the degree of customer intensity of the service. The service speed chosen by the service provider affects the quality of the servic...
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作者:Salo, Ahti; Punkka, Antti
作者单位:Aalto University
摘要:We develop comparative results for ratio-based efficiency analysis (REA) based on the decision-making units' (DMUs') relative efficiencies over sets of feasible weights that characterize preferences for input and output variables. Specifically, we determine (i) ranking intervals, which indicate the best and worst efficiency rankings that a DMU can attain relative to other DMUs; (ii) dominance relations, which show what other DMUs a given DMU dominates in pairwise efficiency comparisons; and (i...
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作者:Singh, Jasjit; Agrawal, Ajay
作者单位:INSEAD Business School; University of Toronto; National Bureau of Economic Research
摘要:When firms recruit inventors, they acquire not only the use of their skills but also enhanced access to their stock of ideas. But do hiring firms actually increase their use of new recruits' prior inventions? Our estimates suggest they do, quite significantly in fact, by approximately 219% on average. However, this does not necessarily reflect widespread learning by hiring. In fact, we estimate that a recruit's exploitation of her own prior ideas accounts for almost half of the above effect, w...
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作者:Islegen, Oezge; Reichelstein, Stefan
作者单位:Stanford University
摘要:For fossil fuel power plants to be built in the future, carbon capture and storage (CCS) technologies offer the potential for significant reductions in carbon dioxide (CO2) emissions. We examine the break-even value for CCS adoptions, that is, the critical value in the charge for CO2 emissions that would justify investment in CCS capabilities. Our analysis takes explicitly into account that the supply of electricity at the wholesale level (generation) is organized competitively in some U. S. j...
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作者:Goldfarb, Avi; Tucker, Catherine E.
作者单位:University of Toronto; Massachusetts Institute of Technology (MIT)
摘要:Advertisers use online customer data to target their marketing appeals. This has heightened consumers' privacy concerns, leading governments to pass laws designed to protect consumer privacy by restricting the use of data and by restricting online tracking techniques used by websites. We use the responses of 3.3 million survey takers who had been randomly exposed to 9,596 online display (banner) advertising campaigns to explore how privacy regulation in the European Union (EU) has influenced a...
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作者:Jones, Roy; Mendelson, Haim
作者单位:University of Rochester; Stanford University
摘要:We study markets for information goods and find that they differ significantly from markets for traditional industrial goods. Markets for information goods in which products are vertically differentiated lack the segmentation inherent in markets for industrial goods. As a result, a monopoly will offer only a single product. Competition leads to highly concentrated information-good markets, with the leading firm behaving almost like a monopoly even with free entry and without network effects. W...