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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：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：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：Bar-Isaac, Heski; Johnson, Justin P.; Nocke, Volker
作者单位：University of Toronto; Cornell University; University of Mannheim
摘要：It is often argued that startups are acquired for the sole purpose of hiring specialized talent. We show that the goal of such acquihires might be to shut down the most relevant labor market competitor. This grants the acquirer monopsony power over specialized talent. As a consequence, acquihiring may harm employees and be socially inefficient. We explore the robustness of these effects, allowing for private benefits associated with working at a startup, varying bargaining protocols, multiple ...
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作者：Han, Eojin; Nohadani, Omid
作者单位：University of Notre Dame
摘要：Sequential decision making often requires dynamic policies, which are computationally not tractable in general. Decision rules provide approximate solutions by restricting decisions to simple functions of uncertainties. In this paper, we consider a nonparametric lifting framework where the uncertainty space is lifted to higher dimensions to obtain nonlinear decision rules. Current lifting-based approaches require predetermined functions and are parametric. We propose two nonparametric liftings...
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作者：Cong, Will; Harvey, Campbell; Rabetti, Daniel; Wu, Zong-Yu
作者单位：Cornell University; Fudan University; National Bureau of Economic Research; Duke University; National University of Singapore
摘要：The advent of cryptocurrencies and digital assets holds the promise of improving financial systems by offering cheap, quick, and secure transfer of value. However, it also opens up new payment channels for cybercrimes. Assembling a diverse set of public on- and off-chain, proprietary, and hand-collected data, including attacker-victim negotiations and dark web conversations in Russian, we present an initial anatomy of cryptoenabled cybercrimes, highlighting relevant economic issues and proposi...
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作者：Bazley, William; Cuculiza, Carina; Pisciotta, Kevin
作者单位：University of Kansas; Oklahoma State University System; Oklahoma State University - Stillwater
摘要：Despite evidence of the importance of sleep for cognitive performance, prior research finds limited effects of sleep disruptions on financial markets. This is puzzling because financial decisions rely on higher-order cognitive processes that are typically affected by sleep. We reconcile this dissonance by examining forecasts of corporate earnings by nonprofessional and professional forecasters. We find that nonprofessional forecasters exhibit a significant decline in their forecast accuracy fo...
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作者：Jiang, Zhaohui (Zoey); Li, Jun; Zhang, Dennis
作者单位：Carnegie Mellon University; University of Michigan System; University of Michigan; Washington University (WUSTL)
摘要：Online retailers are facing an increasing variety of product choices and diversified consumer decision journeys. To improve many operations decisions for online retailers, such as demand forecasting and inventory management and pricing, an important first step is to obtain an accurate estimate of the substitution patterns among a large number of products offered in the complex online environment. Classic choice models either do not account for these substitution patterns beyond what is reflect...
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作者：Evans, Richard B.; Prado, Melissa Porras; Rizzo, A. Emanuele; Zambrana, Rafael
作者单位：University of Virginia; Universidade Nova de Lisboa; University of Notre Dame
摘要：We examine team diversity and performance in the asset management industry through the lens of identity. Focusing on political ideology as the relevant dimension of identity, we find that diverse teams outperform homogeneous teams. The mechanism involves both improved decision making due to more diverse perspectives and increased monitoring by heterogeneous team members. The benefits of ideological diversity are undone when political polarization is higher, consistent with increased intrateam ...
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作者：Gupta, Arpit; Sachdeva, Kunal
作者单位：New York University; University of Michigan; University of Michigan System; University of Michigan
摘要：Hedge fund managers contribute substantial personal capital, or skin in the game, into their funds. Although these allocations may better align incentives, managers may also strategically allocate their private capital in ways that negatively affect outside investors. We find that funds with more inside investment outperform other funds within the same family. This relationship is driven by managerial decisions to invest their own capital in their least-scalable strategies and restrict the ent...
