8期

最新文章

• Agent competition double-auction mechanism AI翻译
  作者：Chu, Leon Yang; Shen, Zuo-Jun Max
  作者单位：University of Southern California; University of California System; University of California Berkeley
  摘要：This paper proposes an agent competition double-auction mechanism to simplify decision making and promote transactions for the customer-to-customer marketplaces. Under the proposed double-auction mechanism, bidding one's true valuation (private information) is the best strategy for each individual buyer and seller even when shipping costs and sales taxes are different across various possible transactions. The proposed mechanism also achieves budget balance and asymptotic efficiency. Furthermor...
• On precautionary policies AI翻译
  作者：Barrieu, Pauline; Sinclair-Desgagne, Bernard
  作者单位：University of London; London School Economics & Political Science; Institut Polytechnique de Paris; Ecole Polytechnique; Universite de Montreal; HEC Montreal
  摘要：In the United States and most industrialized countries, regulatory policies pertaining to food safety, occupational health, and environmental protection are (according to laws and statutes) science based. The complexity of some ecosystems and new technologies, however, makes it increasingly necessary to deal with situations where scientists cannot yet provide a definite picture. In this context, a widely invoked (but debated) rule, known as the Precautionary Principle, says to address potentia...
• Violations of cumulative prospect theory in mixed gambles with moderate probabilities AI翻译
  作者：Baltussen, Guido; Post, Thierry; van Vliet, Pim
  作者单位：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; Tinbergen Institute
  摘要：In a classroom choice experiment with mixed gambles and moderate probabilities, we find severe violations of cumulative prospect theory (CPT) and of Markowitz stochastic dominance. Our results shed new light on the exchange between Levy and Levy (2002) and Wakker (2003) in this journal.
• Coordination in fast-response organizations AI翻译
  作者：Faraj, Samer; Xiao, Yan
  作者单位：University System of Maryland; University of Maryland College Park; University System of Maryland; University of Maryland Baltimore
  摘要：Organizational coordination has traditionally been viewed from an organizational-design perspective where rules, modalities, and structures are used to meet the information-processing demands of the environment. Fast-response organizations face unique coordination challenges as they operate under conditions of high uncertainty and fast decision making, where mistakes can be catastrophic. Based on an in-depth investigation of the coordination practices of a medical trauma center where fast-resp...
• Time value of commercial product returns AI翻译
  作者：Guide, V. Daniel R.; Souza, Gilvan C.; Van Wassenhove, Luk N.; Blackburn, Joseph D.
  作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; University System of Maryland; University of Maryland College Park; INSEAD Business School; Vanderbilt University
  摘要：Manufacturers and their distributors must cope with an increased flow of returned products from their customers. The value of commercial product returns, which we define as products returned for any reason within 90 days of sale, now exceeds $100 billion annually in-the United States. Although the reverse supply chain of returned products represents a sizeable flow of potentially recoverable assets, only a relatively small fraction of the value is currently extracted by manufacturers; a large ...
• Strategic commitments for an optimal capacity decision under asymmetric forecast information AI翻译
  作者：Ozer, Ozalp; Wei, Wei
  作者单位：Stanford University
  摘要：We study the important problem of how to assure credible forecast information sharing between a supplier and a manufacturer. The supplier is responsible for acquiring the necessary capacity before receiving an order from the manufacturer who possesses private forecast information for her end product. We address how different contracts affect the supplier's capacity decision and, hence, the profitability of the supplier and the manufacturer. We fully develop two contracts (and provide explicit ...
• Tainted knowledge vs. tempting knowledge: People avoid knowledge from internal rivals and seek knowledge from external rivals AI翻译
  作者：Menon, Tanya; Thompson, Leigh; Choi, Hoon-Seok
  作者单位：University of Chicago; Northwestern University; Sungkyunkwan University (SKKU)
  摘要：We compare how people react to good ideas authored by internal rivals (employees at the same organization) versus external rivals (employees at a competitor organization). We hypothesize that internal and external rivals evoke contrasting kinds of threats. Specifically, using knowledge from an internal rival is difficult because it threatens the self and its competence: It is tantamount to being a follower and losing status relative to a direct competitor. By contrast, external rivals pose a l...
• Financial asset returns, direction-of-change forecasting, and volatility dynamics AI翻译
  作者：Christoffersen, Peter F.; Diebold, Francis X.
  作者单位：McGill University; Universite de Montreal; University of Pennsylvania; National Bureau of Economic Research
  摘要：We consider three sets of phenomena that feature prominently in the financial economics literature: (1) conditional mean dependence (or lack thereof) in asset returns, (2) dependence (and hence forecastability) in asset return signs, and (3) dependence (and hence forecastability) in asset return volatilities. We show that they are very much interrelated and explore the relationships in detail. Among other things, we show that (1) volatility dependence produces sign dependence, so long as expec...
• Timeshare exchange mechanisms AI翻译
  作者：Wang, Yu; Krishna, Aradhna
  作者单位：University of Michigan System; University of Michigan
  摘要：This paper focuses on the timeshare industry, where members own timeshare weeks and can exchange these weeks among themselves without a medium of exchange (such as money). Timeshare exchanges allow for the weeks to be redistributed among members to better match their preferences and thus increase efficiency. As such, the problem falls within the domain of matching problems, which have recently gained much attention in academia. We demonstrate theoretically that the two major timeshare exchange...
• Knowledge gathering, team capabilities, and project performance in challenging work environments AI翻译
  作者：Haas, Martine R.
  作者单位：Cornell University
  摘要：Knowledge gathering can create problems as well as benefits for project teams in work environments characterized by overload, ambiguity, and politics. This paper proposes that the value of knowledge gathering in such environments is greater under conditions that enhance team processing, sensemaking, and buffering capabilities. The hypotheses were tested using independent quality ratings of 96 projects and survey data from 485 project-team members collected during a multimethod field study. The...