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作者：Kokkodis, Marios; Ransbothama, Sam
作者单位：Boston College
摘要：Hiring in online labor markets involves considerable uncertainty: which hiring choices are more likely to yield successful outcomes and how do employers adjust their hiring behaviors to make such choices? We argue that employers will initially explore the value of available information. When employers observe successful outcomes, they will keep reinforcing their hiring strategies; but when the outcomes are unsuccessful, employers will adjust their hiring behaviors. To investigate these dynamic...
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作者：Ma, Will
作者单位：Columbia University
摘要：who will purchase at most one. Typically, retailers select a subset of items, corresponding to an assortment of brands to carry, and make each selected item available for purchase at its brand-recommended price. Despite the tremendous importance in practice, the best method for selling these fixed-price items is not well understood, as retailers have begun experimenting with making certain items available only through a lottery. In this paper, we analyze the maximum possible revenue that can b...
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作者：Bu, Jinzhi; Simchi-Levi, David; Wang, Li
作者单位：Hong Kong Polytechnic University; Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT)
摘要：We study a single product pricing problem with demand censoring in an offline data-driven setting. In this problem, a retailer has a finite amount of inventory and faces a random demand that is price sensitive in a linear fashion with unknown price sensitivity and base demand distribution. Any unsatisfied demand that exceeds the inventory level is lost and unobservable. We assume that the retailer has access to an offline data set consisting of triples of historical price, inventory level, and...
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作者：Feldman, Pnina; Frazelle, Andrew E.; Swinney, Robert
作者单位：Boston University; University of Texas System; University of Texas Dallas; Duke University
摘要：Restaurant delivery platforms collect customer orders via the Internet, transmit them to restaurants, and deliver the orders to customers. They provide value to restaurants by expanding their markets, but critics claim they destroy restaurant profits by taking a percentage of revenues and generating congestion that negatively impacts dine-in customers. We consider these tensions using a model of a restaurant as a congested service system. We find that the predominant industry contract, in whic...
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作者：Itoh, Hideshi; Morita, Kimiyuki
作者单位：Waseda University
摘要：We study the value of divergence in values and preferences in organizations by combining three stages of a decision process-ex ante information acquisition, interim project choice, and ex post project execution-into a tractable model. A key insight is that our unified model provides predictions different from models without the execution decision stage. We consider an organization that consists of a decision maker who selects a project and an implementer who acquires costly information before ...
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作者：Simchi-Levi, David
作者单位：Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT)
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作者：Kaps, Christian; Marinesi, Simone; Netessine, Serguei
作者单位：University of Pennsylvania
摘要：Globally, 1.5 billion people live off the grid, with their only access to electricity often limited to operationally expensive fossil fuel generators. Solar power has risen as a sustainable and less costly option, but its generation is variable during the day and nonexistent at night. Thanks to recent technological advances, which have made large-scale electricity storage economically viable, a combination of solar generation and storage holds the promise of cheaper, greener, and more reliable...
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作者：Barth, Andreas; Laturnus, Valerie; Mansouri, Sasan; Wagner, Alexander F.
作者单位：Goethe University Frankfurt; Leibniz Association; Leibniz Institut fur Wirtschaftsforschung Halle (IWH); University of Zurich; European Corporate Governance Institute; Swiss Finance Institute (SFI)
摘要：This paper studies the contribution of analysts to the functioning and failure of the market for initial coin offerings (ICOs). The assessments of freelancing analysts exhibit biases because of reciprocal interactions of analysts with ICO team members. Even favorably rated ICOs tend to fail raising some capital when a greater portion of their ratings reciprocate prior ratings. Ninety days after listing on an exchange, the market capitalization relative to the initial funds raised is smaller fo...
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作者：Fang, Limin; Yang, Nathan
作者单位：University of British Columbia; Cornell University
摘要：This paper presents a novel decomposition approach for measuring deterrence motives in dynamic oligopoly games. Our approach yields a formalized, scale-free, and interpretable measure of deterrence motives that informs researchers about the proportion for which deterrence motives account of all entry motives. In addition, the decomposition leads to a set of conditions for counterfactual analysis where hypothetical scenarios with deterrence motives eliminated can be explored. We illustrate the ...
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作者：Jain, Sanjay; Jonasson, Jonas Oddur; Pauphilet, Jean; Ramdas, Kamalini
作者单位：University of Oxford; Massachusetts Institute of Technology (MIT); University of London; London Business School
摘要：Simple and affordable testing tools are often not accurate enough to be operationally relevant. For coronavirus disease 2019 (COVID-19) detection, rapid point-of-care tests are cheap and provide results in minutes, but they largely fail policy makers' accuracy requirements. We propose an analytical methodology, based on robust optimization, that identifies optimal combinations of results from cheap tests for increased predictive accuracy. This methodological tool allows policy makers to credib...
