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作者：Croson, R; Donohue, K
作者单位：University of Pennsylvania; University of Minnesota System; University of Minnesota Twin Cities
摘要：The tendency of orders to increase in variability as one moves up a supply chain is commonly known as the bullwhip effect. We study this phenomenon from a behavioral perspective in the context of a simple, serial, supply chain subject to information lags and stochastic demand. We conduct two experiments on two different sets of participants. In the first, we find the bullwhip effect still exists when normal operational causes (e.g., batching, price fluctuations, demand estimation, etc.) are re...
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作者：Anderson, Eric T.; Fitzsimons, Gavan J.; Simester, Duncan
作者单位：Northwestern University; Duke University; Massachusetts Institute of Technology (MIT)
摘要：T here is now an extensive theoretical literature investigating optimal inventory policies for retailers. Yet several recent reviews have recognized that these models are rarely applied in practice. One explanation for the paucity of practical applications is the difficulty of measuring how stockouts affect both current and future demand. In this paper, we report the findings of a large-scale field test that measures the short- and long-run opportunity cost of a stockout. The findings confirm ...
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作者：Jansen, Justin J. P.; Van den Bosch, Frans A. J.; Volberda, Henk W.
作者单位：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
摘要：Research on exploration and exploitation is burgeoning, yet our understanding of the antecedents and consequences of both activities remains rather unclear. We advance the growing body of literature by focusing on the apparent differences of exploration and exploitation and examining implications for using formal (i.e., centralization and formalization) and informal (i.e., connectedness) coordination mechanisms. This study further examines how environmental aspects (i.e., dynamism and competit...
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作者：Kuk, George
作者单位：University of Nottingham
摘要：In stark contrast with the fully participative bazaar imagery of open source software (OSS) development, some recent empirical research has pointed out that much of the OSS development is carried out by a small percentage of developers. This raises serious concerns that concentration of development effort on a few will limit knowledge sharing and underutilize the available resources. Using the notion of strategic interaction, this paper argues that individual developers often interact strategi...
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作者：Faro, D; Rottenstreich, Y
作者单位：University of Chicago; Duke University
摘要：Making effective decisions under risk often requires making accurate predictions of other people's decisions under risk. We experimentally assess the accuracy of people's predictions of others' risky choices. In four studies, we find evidence of systematic inaccuracy: predictions of others' choices are too regressive. That is, people predict that others' choices will be closer to risk neutrality than those choices actually are. Where people are risk seeking, they predict that others will be ri...
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作者：Hilary, G; Menzly, L
作者单位：Hong Kong University of Science & Technology
摘要：This paper provides evidence that analysts who have predicted earnings more accurately than the median analyst in the previous four quarters tend to be simultaneously less accurate and further from the consensus forecast in their subsequent earnings prediction. This phenomenon is economically and statistically meaningful. The results are robust to different estimation techniques and different control variables. Our findings are consistent with an attribution bias that leads analysts who have e...
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作者：Hayward, MLA; Shepherd, DA; Griffin, D
作者单位：University of Colorado System; University of Colorado Boulder; Indiana University System; IU Kelley School of Business; Indiana University Bloomington; University of British Columbia
摘要：This paper develops a hubris theory of entrepreneurship to explain why so many new ventures are created in the shadow of high venture failure rates: More confident actors are moved to start ventures, and then act on such confidence when deciding how to allocate resources in their ventures. Building on theory and evidence from the behavioral decision-making literature, we describe how founders' socially constructed confidence affects the manner in which they interpret information about their pr...
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作者：Zheng, Zhiqiang; Padmanabhan, Balaji
作者单位：University of California System; University of California Riverside; University of Pennsylvania
摘要：This paper presents a new information acquisition problem motivated by business applications where customer data has to be acquired with a specific modeling objective in mind. In the last two decades, there has been substantial work in two different fields-optimal experimental design and machine learning-that has addressed the issue of acquiring data in a selective manner with a specific objective in mind. We show that the problem presented here is different from the classic model-based data a...
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作者：Plambeck, Erica L.; Taylor, Terry A.
作者单位：Stanford University; Columbia University; Dartmouth College
摘要：This paper considers two firms that engage in joint production. The prospect of repeated interaction introduces dynamics, in that actions that firms take today influence the costliness and effectiveness of actions in the future. Repeated interaction also facilitates the use of informal agreements (relational contracts) that are sustained not by the court system, but by the ongoing value of the relationship. We characterize the optimal relational contract in this dynamic system with double mora...
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作者：Grewal, Rajdeep; Lilien, Gary L.; Mallapragada, Girish
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要：The community-based model for software development in open source environments is becoming a viable alternative to traditional firm-based models. To better understand the workings of open source environments, we examine the effects of network embeddedness-or the nature of the relationship among projects and developers-on the success of open source projects. We find that considerable heterogeneity exists in the network embeddedness of open source projects and project managers. We use a visual r...
