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作者：Shi, Qichao; Dearden, James A.; Lai, Ernest K.
作者单位：Southwestern University of Finance & Economics - China; Southwestern University of Finance & Economics - China; Lehigh University
摘要：We investigate the strategic interaction between a product expert and a consumer. The expert publicly commits to a ranking methodology to rank two products with uncertain relative merits; the consumer decides whether to acquire the ranking report to guide her product choice. The expert cares only about selling the report; the consumer derives utility from the product itself and an extra ranking attribute controlled by the expert. Strategic shuffling, in which the expert induces demand for his ...
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作者：Amil, Ayoub; Makhdoumi, Ali; Wei, Yehua
作者单位：Duke University
摘要：In this work, we revisit the multi-item order fulfillment model introduced by Jasin and Sinha (2015). Specifically, we study a dynamic setting in which an e-commerce platform (or online retailer) with multiple warehouses and finite inventory faces the problem of fulfilling orders that may contain multiple items. The platform's goal is to minimize the expected cost incurred from the fulfillment process, subject to warehouses' inventory constraints. Differing from the classical literature on mul...
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作者：Adena, Maja; Hager, Anselm
作者单位：Humboldt University of Berlin
摘要：Does online fundraising increase charitable giving? Using the Facebook advertising tool, we implemented a natural field experiment across Germany, randomly assigning almost 8,000 postal codes to Save the Children fundraising videos or to a pure control. We studied changes in the donation revenue and frequency for Save the Children and other charities by postal code. Our geo-randomized design circumvented many difficulties inherent in studies based on click-through data, especially substitution...
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作者：de Corniere, Alexandre; Mantovani, Andrea; Shekhar, Shiva
作者单位：Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics; Tilburg University
摘要：We investigate the welfare effects of third-degree price discrimination by a two-sided platform that enables interaction between buyers and sellers. Sellers are heterogeneous with respect to their per-interaction benefit, and, under price discrimination, the platform can condition its fee on sellers' type. In a model with linear demand on each side, we show that price discrimination (i) increases participation on both sides, (ii) enhances total welfare, and (iii) may result in a strict Pareto ...
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作者：Grabner, Isabella; Kunneka, Judith; Moers, Frank
作者单位：Tilburg University; Maastricht University
摘要：In this study, we leverage the transformation of a performance management system that shifts from only providing a performance rating to also providing an explicit assessment of potential. Although performance measures enable organizations to evaluate an employee's past performance, they provide limited information regarding the employee's potential to perform in a prospective job that requires a different skill set. Consequently, firms are gradually moving toward the incorporation of explicit...
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作者：Thomas, Michael; Goic, Marcel; Kalyanam, Kirthi
作者单位：University of Missouri System; University of Missouri Columbia; Universidad de Chile; Santa Clara University
摘要：Using a multiyear experiment, we show that advertising to businesses can generate very different responses than has been observed for consumers. First, we estimate larger advertising returns than typically found for consumers: a return on ad spend of 12.0 (95% CI: 4.8-24.5). Second, we estimate longer lags between ad delivery and purchase: 1-5 months for first-time purchases and 5-12 months or longer for repeat purchases. Third, we find that existing business customers are responsible for most...
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作者：Wu, Joy
作者单位：University of British Columbia
摘要：People are often unaware that their personal data can serve as valuable inputs for economic activities in secondary data markets. However, whether secondary monetization of personal data determines privacy preferences remains unclear. I examine whether privacy decisions are motivated by the data recipient's ability to benefit from trading individuals' data with a third party. A large online laboratory experiment involving personally identifiable psychometric data is implemented with real data-...
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作者：Deshmane, Abhishek; Martinez-de-Albeniz, Victor
作者单位：University System of Georgia; Georgia Institute of Technology; University of Navarra; IESE Business School
摘要：Newly released music is never assessed in isolation by audiences, who tend to compare objective (sonic attributes) and subjective (genre affiliations) elements of its identity with the previous musical catalog of the corresponding artist, his or her musically proximal peers, and the most successful releases in the market. In this paper, we provide a general framework that disentangles the objective and subjective identities of new musical releases and evaluates how differentiation affects audi...
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作者：Daw, Andrew; Hampshire, Robert C.; Pender, Jamol J.
作者单位：University of Southern California; University of Michigan System; University of Michigan; University of Michigan System; University of Michigan; Cornell University
摘要：In many different settings, requests for service can arrive in near or true simultaneity with one another. This creates batches of arrivals to the underlying queueing system. In this paper, we study the staffing problem for the batch arrival queue. We show that batches place a dangerous and deceptive stress on services, requiring a high amount of resources and exhibiting a fundamentally larger tail in those demands. This uncovers a service regime in which a system with large batch arrivals may...
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作者：Chi, Feng; Hwang, Byoung-Hyoun; Zheng, Yaping
作者单位：Cornell University; Nanyang Technological University; University of Alberta
摘要：Alternative data have become a new source of information for investors. This paper examines how this development is reshaping the role of sell-side analysts. Employing textual analysis of analysts' written reports, we show that analysts themselves have begun to adopt alternative data in their analyses. Furthermore, we find that when analysts report drawing from alternative data they generate more accurate earnings forecasts, and their brokerages subsequently receive higher amounts in trading c...
