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作者:Feit, Eleanor McDonnell; Beltramo, Mark A.; Feinberg, Fred M.
作者单位:University of Michigan System; University of Michigan; General Motors
摘要:Discrete choice models estimated using hypothetical choices made in a survey setting (i.e., choice experiments) are widely used to estimate the importance of product attributes in order to make product design and marketing mix decisions. Choice experiments allow the researcher to estimate preferences for product features that do not yet exist in the market. However, parameters estimated from experimental data often show marked inconsistencies with those inferred from the market, reducing their...
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作者:van Donselaar, Karel H.; Gaur, Vishal; van Woensel, Tom; Broekmeulen, Rob A. C. M.; Fransoo, Jan C.
作者单位:Eindhoven University of Technology; Cornell University
摘要:Retail store managers may not follow order advices generated by an automated inventory replenishment system if their incentives differ from the cost-minimization objective of the system or if they perceive the system to be suboptimal. We study the ordering behavior of retail store managers in a supermarket chain to characterize such deviations in ordering behavior, investigate their potential drivers, and thereby devise a method to improve automated replenishment systems. Using orders, shipmen...
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作者:Roels, Guillaume; Karmarkar, Uday S.; Carr, Scott
作者单位:University of California System; University of California Los Angeles
摘要:In this paper, we analyze the contracting issues that arise in collaborative services, such as consulting,financial planning, and information technology outsourcing. In particular, we investigate how the choice of contract type-among fixed-fee, time-and-materials, and performance-based contracts-is driven by the service environment characteristics. We find that fixed-fee contracts contingent on performance are preferred when the service output is more sensitive to the vendor's effort, that tim...
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作者:Mithas, Sunil; Lucas, Henry C., Jr.
作者单位:University System of Maryland; University of Maryland College Park
摘要:The use of H-1B and other work visas to hire foreign information technology (IT) professionals in the United States has attracted significant controversy and policy debates. On one hand, hiring high-skill foreign IT professionals on work visas can be advantageous for U.S. firms and the overall economy. On the other hand, high-skill immigration can adversely impact the wages of foreign and American IT professionals. This study uses data on skills and compensation of more than 50,000 IT professi...
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作者:Nascimento, Juliana; Powell, Warren
作者单位:Princeton University
摘要:Fund managers have to decide the amount of a fund's assets that should be kept in cash, considering the trade-off between being able to meet shareholder redemptions and minimizing the opportunity cost from lost investment opportunities. In addition, they have to consider redemptions by individuals as well as institutional investors, the current performance of the stock market and interest rates, and the pattern of investments and redemptions that are correlated with market performance. We form...
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作者:Palomeras, Neus; Melero, Eduardo
作者单位:Universidad Carlos III de Madrid
摘要:Hiring away inventors has long been recognized as a way of learning used by innovative firms. This paper claims that the characteristics of the knowledge accumulated by an inventor at his current employer affect what hiring firms can learn from him. The implication is that some inventors are more likely to be hired away than their coworkers. We analyze the relationship between the type of knowledge embodied by inventors working at IBM and their probability of moving. Relying on patent data to ...
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作者:McGraw, A. Peter; Sharif, Eldar; Todorov, Alexander
作者单位:University of Colorado System; University of Colorado Boulder; Princeton University; Princeton University
摘要:The study of risky decision making has long used monetary gambles to study choice, but many everyday decisions do not involve the prospect of winning or losing money. Monetary gambles, as it turns out, may be processed and evaluated differently than gambles with nonmonetary outcomes. Whereas monetary gambles involve numeric amounts that can be straightforwardly combined with probabilities to yield at least an approximate expectation of value, nonmonetary outcomes are typically not numeric and ...