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作者：de Corniere, Alexandre; Mantovani, Andrea; Shekhar, Shiva
作者单位：Communaute d'universites et etablissements de Toulouse (Comue); 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：Callen, Michael; Fajardo-Steinhauser, Miguel; Findley, Michael G.; Ghani, Tarek
作者单位：University of London; London School Economics & Political Science; University of Texas System; University of Texas Austin; Washington University (WUSTL)
摘要：Can digital payments help reduce extreme hunger? Humanitarian needs are at their highest since 1945, aid budgets are falling behind, and hunger is concentrating in fragile states where repression and aid diversion present major obstacles. In such contexts, partnering directly with governments is often neither feasible nor desirable, making private digital payment platforms a potentially useful means of delivering assistance. We experimentally evaluated digital payments to extremely poor, femal...
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作者：Taylor, James W.; Meng, Xiaochun
作者单位：University of Oxford; University of Bath
摘要：When multiple forecasts are available for a probability distribution, forecast combining enables a pragmatic synthesis of the information to extract the wisdom of the crowd. The linear opinion pool has been widely used, whereby the combining is applied to the probabilities of the distributional forecasts. However, it has been argued that this will tend to deliver overdispersed distributions, prompting the combination to be applied instead to the quantiles of the distributional forecasts. Resul...
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作者：Castillo, Juan Camilo; Knoepfle, Dan; Weyl, E. Glen
作者单位：University of Pennsylvania; Uber Technologies, Inc.; Microsoft
摘要：We show that ride-hailing markets are prone to a matching failure (wild goose chases) in which high demand sets off a harmful feedback cycle of few idle drivers, high pickup times, and low earnings, drastically reducing welfare. After characterizing these failures theoretically and showing empirical evidence of their relevance, we analyze how platforms can avoid them. Raising prices brings demand back under control. Platforms can thus set a uniform high price, or they can use high surge pricin...
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作者：Li, Meng; Zhang, Shichen
作者单位：University of Houston System; University of Houston; Nankai University
摘要：Procuring essential products during disasters can save lives and livelihoods; nevertheless, limited research has explored this critical issue. In this paper, we collaborate with a buying company to run a unique B2B field experiment during the early COVID-19 outbreak that prompts an urgent need for personal protective equipment. We find that suppliers would deliver products faster by quoting a significantly shorter lead time when the buying company purchases products for donation rather than fo...
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作者：Dai, Yun; Bao, Te; Zhu, Jiahua
作者单位：Sun Yat Sen University; Nanyang Technological University; Inner Mongolia University; University of London; King's College London
摘要：Using a controlled laboratory experiment, we examine how financial reporting regulations-limits on earnings management and auditing-affect disclosure quality and market efficiency. Our findings indicate that a tight limit and the possibility of an audit enhance the informativeness of earnings disclosures, leading to improved pricing efficiency while a weak limit deteriorates disclosure quality and pricing efficiency. Financial reporting regulations enhance disclosure quality via both constrain...
