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作者：Hsee, Christopher K.; Imas, Alex; Li, Xilin
作者单位：University of Chicago; China Europe International Business School
摘要：In many settings, a person's outcome depends not only on her own behavior, but also on her counterpart's. Such strategic decisions have traditionally been studied using normative game theory, which assumes that people adopt equilibrium strategies and will reach the same decision, regardless of how the problem is described (framed). We examine a potentially important type of framing effect-focusing on how the relationship between players' actions generates joint outcomes. Any strategic interact...
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作者：Pakiman, Parshan; Nadarajah, Selvaprabu; Soheili, Negar; Lin, Qihang
作者单位：University of Iowa
摘要：Approximate linear programs (ALPs) are well-known models based on value function approximations (VFAs) to obtain policies and lower bounds on the optimal policy cost of discounted-cost Markov decision processes (MDPs). Formulating an ALP requires (i) basis functions, the linear combination of which defines the VFA, and (ii) a state relevance distribution, which determines the relative importance of different states in the ALP objective for the purpose of minimizing VFA error. Both of these cho...
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作者：Papanastasiou, Yiangos; Xiao, Shuang; Yang, S. Alex
作者单位：Rice University; Zhongnan University of Economics & Law; University of London; London Business School
摘要：Left unable to provide service during the COVID-19 pandemic, many small businesses have experimented with alternative ways of generating income. One approach that has gained traction is the use of advance selling, whereby the firm asks consumers in its local community to support the business by paying in advance for consumption at a future date. In this paper, we develop a game theoretic model to investigate whether and how advance selling schemes can be successfully implemented by firms facin...
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作者：Zuzul, Tiona; Pahnke, Emily Cox; Larson, Jonathan; Bourke, Patrick; Caurvina, Nicholas; Shah, Neha Parikh; Amini, Fereshteh; Weston, Jeffrey; Park, Youngser; Vogelstein, Joshua; White, Christopher; Priebe, Carey E.
作者单位：Harvard University; University of Washington; University of Washington Seattle; Microsoft; Microsoft; Johns Hopkins University; Johns Hopkins University; Johns Hopkins University
摘要：Pahnke; , Jonathan Larson; , Patrick Bourke; , Nicholas Caurvina; , Neha Parikh Shah; Weston; , Youngser Park; , Joshua Vogelstein; , Christopher White; , Carey E. Modularity and Decreased Stability in Intraorganizational Communication Networks Management Science 71(4):3428-3448. https://doi.org/10.1287/mnsc.2022.02797 Creative Commons Attribution 4.0 International License. You are free to copy, this work, but you must attribute this work as Management Science. Copyright https://doi.org/10.128...
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作者：Yin, Jiamin; Ngiam, Kee Yuan; Tan, Sharon Swee-Lin; Teo, Hock Hai
作者单位：Renmin University of China; National University of Singapore; National University of Singapore; National University of Singapore
摘要：Although clinical artificial intelligence (AI) systems can augment medical diagnosis decisions by providing competent second opinions, how to effectively integrate AI into routine diagnostic processes, such as when to present AI advice to human physicians, remains largely unexplored. Therefore, our research experimentally examines how the timing of AI advice affects diagnostic decision making using a think-aloud approach. Physicians perform medical diagnoses under three conditions: ex post adv...
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作者：Guo, Liang
作者单位：City University of Hong Kong
摘要：Collaborative customization is common in many markets. Sellers and customers can collectively discover the value of the product's basic design. Customers' willingness to pay can also be increased by being engaged to improve the product design. We study how a seller can design the information structure of collective learning about the product's basic value to induce costly customer engagement. We consider a setting in which the parties' expected payoffs are determined endogenously through the s...
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作者：Bekes, Gabor; Ottaviano, Gianmarco I. P.
作者单位：Centre for Economic Policy Research - UK; Bocconi University; University of London; London School Economics & Political Science
摘要：One may reasonably think that cultural homophily, defined as the tendency to associate with others of similar culture, affects collaboration in multinational teams in general but not in superstar teams of professionals at the top of their industry. The analysis of an exhaustive data set on the passes made by professional European football players in the top five men's leagues reveals that on the contrary, cultural homophily is persistent, pervasive, and consequential, even in superstar multina...
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作者：Castera, Remi; Loiseau, Patrick; Pradelski, Bary S. R.
作者单位：Centre National de la Recherche Scientifique (CNRS); Communaute Universite Grenoble Alpes; Universite Grenoble Alpes (UGA); Institut National Polytechnique de Grenoble; Mohammed VI Polytechnic University; University of Oxford; Centre National de la Recherche Scientifique (CNRS); University of Oxford
摘要：We study the role of correlation in matching markets, where multiple decision makers simultaneously face selection problems from the same pool of candidates. We propose a model in which a candidate's priority scores across different decision makers exhibit varying levels of correlation dependent on the candidate's sociodemographic group. Such differential correlation can arise in school choice because of the varying prevalence of selection criteria, in college admissions because of test-option...
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作者：Kim, Gi H.; Massa, Massimo
作者单位：University of Warwick; INSEAD Business School
摘要：We examine how variations in nonfinancial terms across bonds from the same issuer, referred to as issuer term variability (ITV), relate to bond yield spreads, returns, and investor bases. Our findings show that ITV is positively associated with yield spreads, even after accounting for the issuer's credit ratings and other credit risk proxies. Additionally, bonds with high ITV exhibit greater default risk but deliver lower risk-adjusted returns compared with those with low ITV. We also find tha...
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作者：Gao, Chao; Hu, Grace Xing; Zhang, Xiaoyan
作者单位：Australian National University; Tsinghua University
摘要：Data show that 72% of the earnings announcement premium is realized before, rather than after, earnings releases. We propose that uncertainty risk resolution before the announcement leads to large pre-announcement returns and test the uncertainty risk resolution hypothesis in the cross section. Compelling empirical evidence supports this hypothesis: an interquartile increase in the firm's uncertainty level is associated with a 6.3% greater uncertainty reduction and 0.65% higher market-adjusted...
