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作者:Baron, Opher; Chen, Xiaole; Li, Yang
作者单位:University of Toronto; Sun Yat Sen University; Western University (University of Western Ontario)
摘要:The notion of omnichannel, an integration of brick-and-mortar stores with online channels, has been thriving in recent years and is reforming the traditional service industry. Many service chains, such as Starbucks and McDonald's, established omnichannel capability by allowing customers to order online in advance before visiting stores for pickup. The premise of omnichannel services is that when customers take advantage of the low-cost-of-waiting online channel, both their utility and the prov...
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作者:Teeselink, Bouke Klein; van den Assem, Martijn J.; van Dolder, Dennie
作者单位:Yale University; Tinbergen Institute; University of Essex
摘要:Berger and Pope (2011) show that being slightly behind increases the likelihood of winning in professional (National Basketball Association; NBA) and collegiate (National Collegiate Athletic Association; NCAA) basketball. We extend their analysis to large samples of Australian football, American football, and rugby matches, but find no evidence of such an effect for these three sports. When we revisit the phenomenon for basketball, we only find supportive evidence for NBA matches from the peri...
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作者:Burkhardt, Jesse; Gillingham, Kenneth T.; Kopalle, Praveen K.
作者单位:Colorado State University System; Colorado State University Fort Collins; Yale University; Dartmouth College
摘要:This study examines how electric utilities and regulators can encourage residential consumers to conserve electricity during the hottest summer days and shift electricity load from the day to off-peak, nighttime hours. We analyze a two-year field experiment involving 280 Texas households that explores approaches to conservation and load-shifting to enable emission reductions and reduce generation costs. Our critical peak pricing intervention reduces electricity consumption by 14% on the peak h...
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作者:Roach, Michael; Sauermann, Henry
作者单位:University of Illinois System; University of Illinois Urbana-Champaign
摘要:Early stage technology startups rely critically on talented scientists and engi-neers to commercialize new technologies. And yet these startups compete with established technology firms to hire the best workers. Theories of ability sorting predict that high -ability workers will choose jobs in established firms that offer greater complementary assets and higher pay, leaving low-ability workers to take lower paying and riskier jobs in startups. We propose an alternative view in which heterogene...
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作者:Candogan, Ozan; Chen, Chen; Niazadeh, Rad
作者单位:University of Chicago; New York University; NYU Shanghai
摘要:Experimentation is prevalent in online marketplaces and social networks to assess the effectiveness of new market intervention. To mitigate the interference among users in an experiment, a common practice is to use a cluster-based experiment, where the designer partitions the market into loosely connected clusters and assigns all users in the same cluster to the same variant (treatment or control). Given the experiment, we assume an unbiased Horvitz-Thompson estimator is used to estimate the t...
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作者:Neilson, Jed J.; Wang, Philip; Williams, Christopher D.; Xie, Biqin
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; State University System of Florida; University of Florida; University of Michigan System; University of Michigan; Office of Financial Research; United States Department of the Treasury
摘要:U.S. generally accepted accounting principles (GAAP) allows banks to offset derivative assets against derivative liabilities with the same counterparty and report only the net amount on the balance sheet. Derivative offsetting under international financial reporting standards (IFRS) is much more restrictive, resulting in the single largest difference in balance sheet presentation between U.S. GAAP and IFRS. Two important factors dominate the standard-setting discussion on this issue: (1) wheth...
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作者:Tran, Brigitte Roth
作者单位:Federal Reserve System - USA; Federal Reserve Bank - San Francisco
摘要:I apply a novel machine-learning based weather index method to daily storelevel sales data for a national apparel and sporting goods brand to examine short-run responses to weather and long-run adaptation to climate. I find that even when considering potentially offsetting shifts of sales between outdoor and indoor stores, to the firm's website, or over time, weather has significant persistent effects on sales. This suggests that weather may increase sales volatility as more severe weather sho...
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作者:Xu, Yuqian; Lu, Baile; Ghose, Anindya; Dai, Hongyan; Zhou, Weihua
作者单位:University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine; National University of Defense Technology - China; New York University; Central University of Finance & Economics; Zhejiang University
摘要:On-demand delivery through sharing platforms represents a rapidly expanding segment of the global workforce. The emergence of sharing platforms enables gig workers to choose when and where to work, allowing them to do so in a flexible manner. However, such flexibility brings notorious challenges to platforms in managing the gig workforce. Thus, understanding the incentive and behavioral issues of gig workers in this new business model is inherently meaningful. This paper investigates how the i...
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作者:Deshmane, Abhishek; Martinez-de-Albeniz, Victor
作者单位:University of Navarra; IESE Business School
摘要:Artist collaborations in music have been on the rise, and they tend to produce commercially and critically successful songs. We seek to uncover the effect of these collaborative projects on career trajectories and identify the factors that lift an artist's profile in the short and long term. We develop a theory of collaboration based on the transfer of capital between the collaborating artists that facilitates spillovers across time. To validate the theory, we use weekly radio plays of individ...
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作者:Li, Yifu; Ryan, Christopher Thomas; Shengc, Lifei
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; University of British Columbia; University of Houston System; University of Houston; University of Houston Clear Lake
摘要:An important problem in single-player video game design is how to sequence game elements within a level (or chunk) of the game. Each element has two critical features: a reward (e.g., earning an item or being able to watch a cinematic) and a degree of difficulty (e.g., how much energy or focus is needed to interact with the game element). The latter property is a distinctive feature in video games. Unlike passive services (like a trip to the spa) or passive entertainment (like watching sports ...