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作者：Girotra, Karan; Katok, Elena; Albe, Victor Martinez de; Song, Jeannette; Swaminathan, Jayashankar
作者单位：Cornell University; University of Texas System; University of Texas Dallas; University of Navarra; Duke University; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
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作者：Hu, Qing; Li, Wenjing; Lin, Chen; Wei, Lai
作者单位：Renmin University of China; Jinan University; University of Hong Kong; Lingnan University
摘要：In this paper, we identify product market competition as a driver of privatization. Using product market shocks caused by trade liberalization of China, which has the world's largest state sector, we find that subjecting state-owned enterprises (SOEs) to higher competition leads to an increase in private ownership. This response is strengthened when SOEs operate in industries with large technology or productivity gaps from those in the frontier economies or when SOEs impose large fiscal burden...
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作者：Alonso, Ricardo; Camara, Odilon
作者单位：University of London; London School Economics & Political Science; University of Southern California
摘要：We develop a theory of credible skepticism in organizations to explain the main tradeoffs in organizing data generation, analysis, and reporting. In our designer-agent principal game, the designer selects the information privately observed by the agent who can misreport it at a cost, whereas the principal can audit the report. We study three organizational levers: tampering prevention, tampering detection, and the allocation of the experimental-design task. We show that motivating informative ...
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作者：Cui, Yao; Gaur, Vishal; Liu, Jingchen
作者单位：Cornell University; Renmin University of China
摘要：Companies that are investing in blockchain technology to enhance supply chain transparency face challenges in fostering collaborations with others and deciding what information to share. Transparency over the actions of supply chain partners can improve operational decisions, but sharing own data on the blockchain can put firms at a competitive disadvantage. In this paper, we investigate the resulting questions of when blockchain should be adopted in a supply chain and how it should be designe...
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作者：Park, Sanghyun; Puranam, Phanish
作者单位：INSEAD Business School
摘要：The benefits of vicarious learning are usually conceptualized in terms of a mechanism for learners to utilize the superior knowledge of others. Building on the fact that vicarious learning typically co-occurs and interacts with individual learning-by-doing, we propose an alternative mechanism-one in which vicarious learning is useful because it corrects for certain well-known limitations of individual learning-by-doing. Using computational agent-based models, we show that, under this mechanism...
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作者：Lim, Stanley Frederick W. T.; Gao, Fei; Tan, Tom Fangyun
作者单位：Michigan State University; Michigan State University's Broad College of Business; Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Southern Methodist University
摘要：We examine a large transaction-level data set of an Italian omnichannel furniture retailer to study channel-specific effects of fulfillment lead time on demand. This omnichannel retailer sells the same products and has the same product fulfillment across three channels: showroom, online, and catalog. The showroom channel carries no inventory but allows customers to touch and feel the products. The online channel provides a website for consumers to browse and order the products. The catalog cha...
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作者：Tehrani, Shervin Shahrokhi; Ching, Andrew T.
作者单位：University of Texas System; University of Texas Dallas; Johns Hopkins University
摘要：This research introduces a new heuristic decision model called myopic-value of perfect information (VPI) to study multiarmed bandit (MAB) problems. The myopic-VPI approach only involves ranking the alternatives and computing a one-dimensional integration to obtain the expected future value of exploration. Because myopic-VPI is intuitive and does not involve solving a dynamic programming problem, it has the potential to serve as a useful heuristic approach to model exploration-exploitation trad...
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作者：Ivanov, Ivan T.; Wang, James Z.
作者单位：Federal Reserve System - USA; Federal Reserve Bank - Chicago; Federal Reserve System - USA; Federal Reserve System Board of Governors
摘要：We exploit the quasi-random assignment of federal bank examiners to syndicated loans to study the effect of supervision on corporate lending. Following supervisory rating downgrades, banks decrease credit commitments and downgrade internal risk assessments. Borrowers face larger commitment reductions whenever banks have low ex ante screening and monitoring incentives or whenever examiners' assessments contain more information than banks' assessments, suggesting that examinations complement ban...
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作者：Chen, Boxiao; Wang, Yining; Zhou, Yuan
作者单位：University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; University of Texas System; University of Texas Dallas; Tsinghua University; Tsinghua University
摘要：We study the classic model of joint pricing and inventory control with lost sales over T consecutive review periods. The firm does not know the demand distribution a priori and needs to learn it from historical censored demand data. We develop nonparametric online learning algorithms that converge to the clairvoyant optimal policy at the fastest possible speed. The fundamental challenges rely on that neither zeroth-order nor first-order feedbacks are accessible to the firm and reward at any si...
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作者：Keppler, Samantha M.
作者单位：University of Michigan System; University of Michigan
摘要：In this paper, we explore an employee workaround widespread in K-12 schools: compensating for insufficient funding with partnerships to nonprofit organizations (NPOs). We take an equity perspective and ask the following questions. (i) How do partnering workarounds differ across schools with different levels of socioeconomic advantage? (ii) What can education and NPO leaders do to ensure these workarounds do not exacerbate educational inequities? To answer these questions, we use Little's Law: ...
