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作者:Hydari, Muhammad Zia; Adjerid, Idris; Striegel, Aaron D.
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; Virginia Polytechnic Institute & State University; University of Notre Dame
摘要:Health wearables in combination with gamification enable interventions that have the potential to increase physical activity-a key determinant of health. However, the extant literature does not provide conclusive evidence on the benefits of gamification, and there are persistent concerns that competition-based gamification approaches will only benefit those who are highly active at the expense of those who are sedentary. We investigate the effect of Fitbit leaderboards on the number of steps t...
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作者:Glaeser, Chloe Kim; Glaeser, Stephen; Labro, Eva
作者单位:University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina; University of North Carolina Chapel Hill
摘要:We study the effect of proximity to corporate headquarters on the productivity of inventors and research and development (R&D) facilities. Distant inventors and R&D facilities are less productive, and plausibly exogenous reductions in the travel time from these inventors or facilities to headquarters increase their productivity and creativity. We hypothesize that these improvements in the management of innovation production occur because proximity improves monitoring, managerial ability to pro...
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作者:Guo, Joyce; Recalde, Maria P.
作者单位:University of Melbourne
摘要:To shed light on the factors that affect who speaks up in teams in the workplace, we study willingness to speak up after someone has raised an opinion. We call voicing disagreement overriding and study this behavior in a laboratory experiment where participants answer multiple choice questions in pairs. In a control treatment, participants interact anonymously. In a photo treatment, both participants see the photo of the person they are matched with at the beginning of the group task. Using a ...
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作者:Gustafson, Matthew T.; Kotter, Jason D.
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Brigham Young University
摘要:Using cross-state and intertemporal variation in whether a state???s minimum wage is bound by the federal minimum wage, we provide evidence that minimum wage increases lead U.S. public firms in minimum-wage-sensitive industries (i.e., retail, restaurant, and entertainment) to cut capital expenditures. These effects are concentrated one to two years after the law goes into effect. Prior to the minimum wage increase, investment trends are similar across minimum-wage-sensitive firms in bound vers...
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作者:Biais, Bruno; Capponi, Agostino; Cong, Lin William; Gaur, Vishal; Giesecke, Kay
作者单位:Hautes Etudes Commerciales (HEC) Paris; Columbia University; Cornell University; National Bureau of Economic Research; Stanford University
摘要:Over the past decade, blockchains and cryptocurrencies have taken a central stage in financial technology (FinTech) innovation. In 2020-2021, as the academic finance and management community began actively investigating this domain, we issued a call for papers for a special issue to encourage interdisciplinary research in this emerging area. This section of Management Science presents the first systematic collection of knowledge, both theoretical and empirical, focusing on blockchain economics...
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作者:Ginglinger, Edith; Moreau, Quentin
作者单位:Universite PSL; Universite Paris-Dauphine; Centre National de la Recherche Scientifique (CNRS); Hong Kong University of Science & Technology
摘要:We use firm-level data that measure forward-looking physical climate risk to examine the impact of climate risk on capital structure. We find that greater physical climate risk leads to lower leverage in the post-2015 period (i.e., after the Paris Agreement and the first step of standardization of disclosure of climate risk information). Our results hold after controlling for firm characteristics known to determine leverage, including credit ratings. Our evidence shows that the reduction in le...
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作者:McGahan, Anita M.; Pongeluppe, Leandro S.
作者单位:University of Toronto; University of Pennsylvania
摘要:How do firms address complex collective action problems effectively? Institutional and stakeholder research suggests that firms may avoid the tragedy of the commons by aligning the interests of critical proximate stakeholders in ways that governments cannot accomplish. This phenomenological paper investigates this possibility by analyzing Amazon rainforest preservation by Natura, a Brazilian cosmetics company. The results indicate that Natura internalized environmental externalities by linking...
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作者:Fisher, Geoffrey
作者单位:Cornell University
摘要:Whether to purchase a product is of fundamental importance to marketing, but purchasing behaviors vary widely across individuals and contexts. This paper proposes that a sizeable fraction of this variation is associated with differences in the time at which a product's desirability and its price are processed and utilized by consumers. To test this hypothesis, participants purchased different products while their mouse cursor movements associated with purchasing an option were recorded across ...
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作者:Cohen-Zada, Danny; Dayag, Itay; Gershoni, Naomi
作者单位:Ben-Gurion University of the Negev; IZA Institute Labor Economics
摘要:We exploit a unique data set from the Israeli Professional Football Leagues that provides high-frequency direct measures of players' effort to estimate effort peer effects in a high-skill collaborative team task. Using two complementary identification strategies, we find robust evidence of substantial positive peer effects. Our findings highlight that effort spillovers play an important role in team production and that even a change in just one worker's effort can substantially influence team ...
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作者:Cheung, Wang Chi; Simchi-Levi, David; Zhu, Ruihao
作者单位:National University of Singapore; Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT); Cornell University
摘要:Motivated by operations research applications, such as inventory control and real-time bidding, we consider undiscounted reinforcement learning in Markov decision processes under model uncertainty and temporal drifts. In this setting, both the latent reward and state transition distributions are allowed to evolve over time, as long as their respective total variations, quantified by suitable metrics, do not exceed certain variation budgets. We first develop the sliding window upper confidence ...