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作者:Ben-David, Daniel; Mintz, Ido; Sade, Orly
作者单位:Hebrew University of Jerusalem; Intuit Inc.
摘要:We test how effective a human-algorithm interaction is at stopping users from overdrawing their bank accounts. We use a randomized field experiment and draw our sample from users of a large personal financial management platform operating in the United States and Canada. We find that sending as-needed reminders is effective in and of itself, and the impact is intensified by the human response to the structure of the message. More simple messages are more effective, and the framing of the simpl...
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作者:Segev, Danny
作者单位:Tel Aviv University; Tel Aviv University
摘要:The main contribution of this paper resides in developing a new algorithmic approach for addressing the continuous-time joint replenishment problem, termed Psi-pairwise alignment. The latter mechanism, through which we synchronize multiple economic order quantity models, allows us to devise a purely combinatorial algorithm for efficiently approximating optimal policies within any degree of accuracy. As a result, our work constitutes the first quantitative improvement over power-of-2 policies, ...
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作者:Lee, Ho Cheung Brian; Li, Xinxin; Liu, Siyuan
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; University of Connecticut; South China University of Technology
摘要:The adoption of the Internet of Things (IoT) empowers firms to collect and analyze individual consumers' activities to classify customer types based on their actions and behaviors that are traditionally unobservable. Although behavioral tracking has become more prevalent in practice, its effectiveness in classifying customer types has hardly been discussed. We utilize detailed individual-level data from a field experiment conducted by an insurance company and its car rental partner to show tha...
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作者:De Haas, Ralph; Martin, Ralf; Muuls, Mirabelle; Schweiger, Helena
作者单位:European Bank of Reconstructon & Development; Centre for Economic Policy Research - UK; KU Leuven; Imperial College London; University of London; London School Economics & Political Science
摘要:Using data on 10,776 firms across 22 emerging markets, we show that both credit constraints and weak green management hold back corporate investment in green technologies embodied in new machinery, equipment, and vehicles. In contrast, investment in measures to explicitly reduce emissions and other pollution is mainly determined by the quality of a firm's green management and less so by binding credit constraints. Data from the European Pollutant Release and Transfer Register reveal the enviro...
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作者:Choe, Chongwoo; Matsushima, Noriaki; Shekhar, Shiva
作者单位:Monash University; University of Osaka; Tilburg University
摘要:We study the General Data Protection Regulation (GDPR)'s opt-in requirement in a model with a firm that provides a digital service and consumers who are heterogeneous in their valuations of the firm's service and the privacy costs incurred when sharing personal data with the firm. We show that the GDPR boosts demand for the service by allowing consumers with high privacy costs to buy the service without sharing data. The increased demand leads to a higher price but a smaller quantity of shared...
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作者:Farahani, Mehdi H.; Dawande, Milind; Janakiraman, Ganesh; Wang, Shouqiang
作者单位:University of Houston System; University of Houston; University of Texas System; University of Texas Dallas
摘要:Agricultural open burning, that is, the practice of burning crop residue in harvested fields to prepare land for sowing a new crop, is well recognized as a significant contributor to CO2 and black-carbon emissions, and long-term climate change. Low-soiltillage practices using an agricultural machine called the Happy Seeder, which can sow the new seed without removing the previous crop residue, have emerged as the most effective alternative to open burning. However, given the limited supply of ...
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作者:Xu, Linli; Wei, Yanhao (Max); Zhu, Yi
作者单位:University of Minnesota System; University of Minnesota Twin Cities; University of Southern California
摘要:Two-sided platforms (e.g., ride-sharing, freelance labor, and lodging) match customers and service providers. Customers can voice their satisfaction level through review/rating systems, which the platforms use to monitor and screen service providers. However, customers may misdirect complaints about platform-level features toward individual service providers. We examine the extent and consequences of this issue in the context of a large ride-sharing platform. We focus on surge pricing as the p...
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作者:Cheng, Mengjie (Magie); Zhang, Shunyuan
作者单位:Harvard University
摘要:The growth of the influencer marketing industry warrants an empirical examination of the effect of posting sponsored videos on influencers' reputations. We collected a novel data set of user-generated YouTube videos created by prominent English-speaking influencers in the beauty and style category. We extracted a rich set of theory-driven video features and used DiNardo-Fortin-Lemieux reweighting to construct comparable treatment and control groups matched at the influencer-video level. The em...
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作者:Gulen, Huseyin; Li, Dongmei; Peters, Ryan H.; Zekhnini, Morad
作者单位:Purdue University System; Purdue University; University of South Carolina System; University of South Carolina Columbia; Tulane University; Michigan State University; Michigan State University's Broad College of Business
摘要:The transition from a traditional manufacturing -based economy to a knowledge- and service -based economy over recent decades resulted in a considerable rise in intangible capital, most of which is not reported on companies' balance sheets. As a result, balance sheet -based valuation ratios, investment measures, and other firm characteristics that do not incorporate off -balance sheet (OBS) intangible capital suffer from significant measurement error problems. We incorporate a new measure of O...
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作者:Nadarajah, Selvaprabu; Cire, Andre A.
作者单位:University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; University of Toronto; University Toronto Scarborough; University of Toronto
摘要:High -dimensional weakly coupled Markov decision processes (WDPs) arise in dynamic decision making and reinforcement learning, decomposing into smaller Markov decision processes (MDPs) when linking constraints are relaxed. The Lagrangian relaxation of WDPs (LAG) exploits this property to compute policies and (optimistic) bounds efficiently; however, dualizing linking constraints averages away combinatorial information. We introduce feasibility network relaxations (FNRs), a new class of linear ...