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作者:Lee, Jung Youn; Yang, Joonhyuk; Anderson, Eric T.
作者单位:Rice University; University of Notre Dame; Northwestern University
摘要:This article may be used only for the purposes of research, teaching, and/or private study. Commercial use or systematic downloading (by robots or other automatic processes) is prohibited without explicit Publisher approval, unless otherwise noted. For more information, contact permissions@informs.org. The Publisher does not warrant or guarantee the article's accuracy, completeness, merchantability, fitness inclusion of an advertisement in this article, neither constitutes nor implies a guaran...
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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: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 Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; 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:Bao, Te; Duffy, John; Zhu, Jiahua
作者单位:Nanyang Technological University; University of California System; University of California Irvine; University of Osaka; University of London; King's College London; University of Essex
摘要:We explore how information ambiguity and traders' attitudes toward such ambiguity affect expectations and asset prices under three different market institutions. Specifically, we test a theoretical prediction that information ambiguity will lead market prices to overreact to bad news and underreact to good news. We find that such an asymmetric reaction exists and is strongest in individual prediction markets. It occurs to a lesser extent in single price call markets. It is weakest of all in do...
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作者:Loch, Christoph; Singhal, Kalyan; Tang, Christopher
作者单位:University of Navarra; IESE Business School; University System of Maryland; University of Baltimore; University of California System; University of California Los Angeles
摘要:Martin K. Starr, aged 97, passed away January 25, 2025. During his 15-year tenure as editor-in-chief of Management Science, he became the longest serving editor of any INFORMS journal. During this period, he published dozens of books and more than 100 articles. Starr made significant contributions to delineating the domain of modern operations and supply chain management, building a framework for system integration, modular design and production, and high-risk systems. This essay intends to un...
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作者:Cheng, Miyuki P. S.; Tang, Christopher; Lo, Chris K. Y.; Yeung, Andy C. L.; Lam, Hugo K. S.
作者单位:Hong Kong Polytechnic University; University of California System; University of California Los Angeles; University of Liverpool
摘要:With soaring labor and logistics costs in developing countries, supply chain disruptions during the COVID-19 pandemic triggered Western firms to reshore some of their offshore operations (performed in-house or outsourced) for certain strategically important products or production processes from foreign countries to their home countries. Although reshoring can create more domestic jobs and reduce supply chain risks, the impact of various external and internal risks associated with reshoring on ...