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作者：Van Parys, Bart; Golrezaei, Negin
作者单位：Massachusetts Institute of Technology (MIT)
摘要：We study structured multiarmed bandits, which is the problem of online decision-making under uncertainty in the presence of structural information. In this problem, the decision-maker needs to discover the best course of action despite observing only uncertain rewards over time. The decision-maker is aware of certain convex structural information regarding the reward distributions; that is, the decision-maker knows that the reward distributions of the arms belong to a convex compact set. In th...
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作者：Davis, Andrew M.; Flicker, Blair; Hyndman, Kyle; Katok, Elena; Keppler, Samantha; Leider, Stephen; Long, Xiaoyang; Tong, Jordan D.
作者单位：Cornell University; University of South Carolina System; University of South Carolina Columbia; University of Texas System; University of Texas Dallas; University of Michigan System; University of Michigan; University of Wisconsin System; University of Wisconsin Madison
摘要：Over the last two decades, researchers in operations management have increasingly leveraged laboratory experiments to identify key behavioral insights. These experiments inform behavioral theories of operations management, impacting domains including inventory, supply chain management, queuing, forecasting, and sourcing. Yet, until now, the replicability of most behavioral insights from these laboratory experiments has been untested. We remedy this with the first large-scale replication study ...
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作者：Dalton, Patricio S.; Pamuk, Haki; Ramrattan, Ravindra; Uras, Burak; van Soest, Daan
作者单位：Tilburg University; Tilburg University; Wageningen University & Research
摘要：We conducted a randomized, controlled trial with small- and medium-sized enterprises in Kenya to estimate the causal impact of an electronic payment (e-payment) technology on business finance. Using an encouragement design, we exogenously increased e-payment usage among a random subset of firms by relaxing adoption transaction costs and information barriers. Sixteen months after the intervention, we find that the e-payment technology increased access to mobile loans (in the number of loans as ...
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作者：Castilla, Emilio J.; Rho, Hye Jin
作者单位：Massachusetts Institute of Technology (MIT); Michigan State University
摘要：Gender segregation remains a significant problem in many occupations and organizations. To solve this problem, many U.S. employers now seek to craft gender-neutral job postings. In this article, we investigate whether such employer recruitment efforts are successful in encouraging women and men to apply equally for jobs. Specifically, we move beyond the well-studied effects of the gender typing of occupations, organizations, and industries to study the extent to which the recruiting language u...
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作者：Olsder, Wendy; Martagan, Tugce; Tang, Christopher S.
作者单位：Eindhoven University of Technology; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; University of California System; University of California Los Angeles
摘要：There are more than 7,000 known rare diseases, but pharmaceutical manufacturers developed treatments for only 500 of them. To improve the availability and accessibility of treatments for rare diseases, governments have introduced several programs including subsidies, exogenous pricing, and outcome-based payment schemes in recent years. What kind of subsidy programs and pricing mechanisms can improve patient access? Inspired by various pilot programs, we present a multistage game theoretic mode...
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作者：Dang, Viet Anh; Gao, Ning; Yu, Tiancheng
作者单位：University of Manchester; Alliance Manchester Business School; University of Exeter
摘要：We find that manufacturing firms adopt more conservative capital structures in response to the Nitrogen Oxides (NOx) Budget Trading Program (NBP) of 2004, a regional cap-and-trade program aimed at mitigating the NOx emissions of power plants in 11 mid western and southeastern states in the United States. Our further analysis demonstrates that, because the NBP induces an electricity price shock, it affects manufacturers' financial decisions by raising their operating leverage and distress risk....
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作者：Bapna, Ravi; McFowland, Edward, III; Mojumder, Probal; Ramaprasad, Jui; Umyarov, Akhmed
作者单位：University of Minnesota System; University of Minnesota Twin Cities; Harvard University; Indian Institute of Management (IIM System); Indian Institute of Management Udaipur (IIMU); University System of Maryland; University of Maryland College Park
摘要：With one-third of marriages in the United States beginning online, online dating platforms have become important curators of the modern social fabric. Prior work on online dating has elicited two critical frictions in the heterosexual dating market. Women, governed by age-old social norms of not making the first move, are inhibited in their interactions in that they do not initiate contact with men. On the other side, men send an abundance of messages, the majority of which do not convert to m...
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作者：Shen, Luxi; Hirshman, Samuel D.
作者单位：Chinese University of Hong Kong; Norwegian School of Economics (NHH); Norwegian School of Economics (NHH)
摘要：In jobs in which workers have the flexibility to decide how much work to supply, such as in the gig economy, the effect of a wage change on work supply can be hard to predict. A wage increase offers workers the opportunity to make more money. At the same time, it allows them to make money faster, so they can enjoy more leisure and do not need to work as much. Economic theory alone does not predict which outcome is more likely to occur, and the empirical evidence is also mixed. This paper provi...
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作者：Beyer, Anne; Dye, Ronald A.
作者单位：Stanford University; Northwestern University
摘要：We develop a model of a manager's equilibrium voluntary disclosure policy to study how that policy changes depending on whether the manager is prohibited from disclosing, or allowed to disclose, a half-truth; we also examine how the disclosure policy changes depending on whether the manager has a duty to update past disclosures. Among our results, we show that if a manager is prohibited from issuing half-truths, the manager discloses a wider array of information than if the manager is allowed ...
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作者：Laudenbach, Christine; Ungeheuer, Michael; Weber, Martin
作者单位：Aalto University; University of Mannheim; Centre for Economic Policy Research - UK
摘要：We experimentally study how presentation formats for return distributions affect investors' diversification choices. We find that sampling returns alleviates correlation neglect and constitutes an effective way to improve financial decisions. When participants get a description of the probabilities for outcomes of the joint return distribution, we confirm the findings of others that investors neglect the correlation between assets in their diversification choices. However, when participants sa...
