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作者：Ramdas, Kamalini; Sungu, Alp
作者单位：University of London; London Business School; University of Pennsylvania
摘要：Smartphones have enabled the delivery of life-improving information services to base-of-the-pyramid (BOP) consumers. However, little is known about how the poor interact with the digital world. Through a novel app we developed to investigate real-time smartphone usage, we identify an unnoticed barrier to digital information access by the poor-data shortages. By analyzing over 9.4 million minutes of smartphone usage data from 929 residents of a Mumbai settlement, we find that entertainment cons...
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作者：Adbi, Arzi; Mishra, Anant; Chatterjee, Chirantan
作者单位：National University of Singapore; University of Minnesota System; University of Minnesota Twin Cities; University of Sussex
摘要：This study examines how domestic and foreign firms in the private sector respond to a reduction in competition from the public sector. Our analysis exploits the sudden suspension of production licenses of vaccine-manufacturing public sector units (PSUs) in January 2008 in India, home to more than 1.2 billion people at that time. Although the suspension presented a window of opportunity for private sector firms, the opportunity was laden with high uncertainty. Despite this uncertainty, we find ...
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作者：Araujo, Felipe A.; Chabris, Christopher F.; Meyer, Michelle N.
作者单位：Lehigh University
摘要：We study the effect of on-the-job experience on base-rate neglect, which is a common bias in assessing conditional probabilities. We do so by carrying out experiments with medical professionals, who are routinely exposed to conditional-probability problems in the form of diagnostic tests, and nonmedical professionals, who are not. As such, medical workers with more years of experience will have had more exposure to base-rate type problems than nonmedical workers with similar years of experienc...
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作者：Xu, Fasheng; Wang, Xiaoyu; Zhang, Fuqiang
作者单位：University of Connecticut; Hong Kong Polytechnic University; Washington University (WUSTL)
摘要：Exploitation of consumer data allows online retailers to enhance services provided to consumers but at the risk of causing unintended privacy issues. There has been debate about whether to devise regulation policies to restrict data collection and usage by online retailers. This paper studies the implications of newly adopted privacy policies, such as the General Data Protection Regulation (GDPR), for an online retail supply chain comprising a retailer and a supplier. We find that despite the ...
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作者：Ahn, Dohyun; Shin, Dongwook; Zeevi, Assaf
作者单位：Chinese University of Hong Kong; Columbia University
摘要：We consider a class of sequential learning problems where a decision maker must learn the unknown statistical characteristics of a finite set of alternatives (or systems) using sequential sampling to ultimately select a subset of good alternatives. A salient feature of our problem is that system performance is governed by a set of features. The decision maker postulates the dependence on these features to be linear, but this model may not precisely represent the true underlying system structur...
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作者：Cao, Sean Shun; Cong, Lin William; Yang, Baozhong
作者单位：University System of Maryland; University of Maryland College Park; Cornell University; National Bureau of Economic Research; University System of Georgia; Georgia State University
摘要：To understand the disruption and implications of distributed ledger technologies for financial reporting and auditing, we analyze firm misreporting, auditor monitoring and competition, and regulatory policy in a unified model. A federated blockchain for financial reporting and auditing can improve verification efficiency not only for transactions in private databases but also for cross-chain verifications through privacypreserving computation protocols. Despite the potential benefit of blockch...
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作者：Hu, Maggie (Rong); Tsang, Desmond; Wan, Wayne Xinwei
作者单位：City University of New York (CUNY) System; Baruch College (CUNY); Chinese University of Hong Kong; Monash University
摘要：Using a comprehensive database of corporate relocation events in the United States from 1994 to 2017, we investigate the impact of headquarters relocation on the local economy by examining its spillover effects on the housing market. We find that headquarters relocation into a district at zip code level leads to 10% higher housing price growth. We also document a temporal spillover effect whereby housing prices increase one year before the relocation and rise further until two years afterward ...
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作者：Hurwitz, Abigail; Sade, Orly
作者单位：Hebrew University of Jerusalem; Hebrew University of Jerusalem
摘要：We investigate the consequences of holding multiple accounts for payout decisions at retirement. Using proprietary data of retirees' annuitization decisions, we find that small accounts are more likely to be cashed out. We use occupation information as a proxy for wealth to disentangle income from the multiple-accounts effect. We show that individuals with high expected wages are more likely to annuitize overall but less likely to annuitize their small accounts (comparing to individuals with l...
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作者：Qi, Lian; Song, Haotian; Xiao, Wenqiang
作者单位：Rutgers University System; Rutgers University New Brunswick; Zhejiang University; New York University
摘要：We study the dynamic incentive interactions between a platform and a third-party seller over two stages, where the seller exerts product-value-enhancement effort in the first stage in anticipation of the platform's potential entry in the second stage. Upon entry, the platform can exert effort to boost the value of the product sold by the platform, with positive spillovers to the value of the product sold by the platform. We show the existence of both the protective and the receptive regimes, c...
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作者：Balocco, Francesco; Lu, Yixin; Li, Ting; Gupta, Alok
作者单位：Vrije Universiteit Amsterdam; George Washington University; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; University of Minnesota System; University of Minnesota Twin Cities
摘要：Two auction-based channels play a crucial role in facilitating transactions of ad impressions in display advertising: real-time bidding (RTB), which is accessible to all advertisers, and private marketplace (PMP), which is restricted to a select group of advertisers through invitation-based agreements with publishers. Despite the ongoing discourse on the benefits and drawbacks of these two channels, how their coexistence influences the market dynamics and outcomes remains an open question. In ...
