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作者：Ko, Ga Young; Shin, Donghyuk; Auh, Seigyoung; Lee, Yeonjung; Han, Sang Pil
作者单位：University of Tennessee System; University of Tennessee Knoxville; Arizona State University; Arizona State University-Tempe; Arizona State University; Arizona State University-Downtown Phoenix; Arizona State University; Arizona State University-Tempe
摘要：Drawing on the notion of compensatory behavior, this paper studies how students compensate for learning loss during a pandemic and what role artificial intelligence (AI) plays in this regard. We further probe into a difference in compensatory behavior for learning loss in terms of quantity, pattern, and pace (i.e., tripartite aspect of learning behavior) of AI-powered learning app usage depending on the level of pandemic threat and the proximity of a goal to students. Results show that the pan...
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作者：Janakiraman, Ramkumar; Park, Eunho; Demirezen, Emre M.; Kumar, Subodha
作者单位：University of South Carolina System; University of South Carolina Columbia; California State University System; California State University Long Beach; State University System of Florida; University of Florida; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要：Health information exchanges (HIEs) are designed to improve the quality and efficiency of healthcare by facilitating improved information sharing between health entities. This study systematically examines the impact of HIE use in emergency departments (EDs) on the quality and efficiency of medical care. We focus on the length of stay (LOS) and the 30-day readmission rate to capture healthcare efficiency and quality, respectively. We also examine whether the breadth of patient health informati...
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作者：Mariotti, Thomas; Schweizer, Nikolaus; Szech, Nora; von Wangenheimg, Jonas
作者单位：Centre National de la Recherche Scientifique (CNRS); Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics; Centre for Economic Policy Research - UK; Leibniz Association; Ifo Institut; Tilburg University; Helmholtz Association; Karlsruhe Institute of Technology; University of Bonn
摘要：We study the optimal design of information nudges directed to present-biased consumers who make consumption decisions over time without exact prior knowledge of their long-term consequences. For any distribution of risks, there exists a consumer optimal information nudge that is of cutoff type, recommending abstinence if the risk is high enough. Depending on the distribution of risks, more or fewer consumers have to be sacrificed, as they cannot be credibly warned even though they would like t...
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作者：Shia, Peng
作者单位：University of Southern California
摘要：Online platforms that match customers with suitable service providers utilize a wide variety of matchmaking strategies; some create a searchable directory of one side of the market (i.e., Airbnb, Google Local Finder), some allow both sides of the market to search and initiate contact (i.e., Care.com, Upwork), and others implement centralized matching (i.e., Amazon Home Services, TaskRabbit). This paper compares these strategies in terms of their efficiency of matchmaking as proxied by the amou...
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作者：Bowen, Donald E., III; Fresard, Laurent; Hoberg, Gerard
作者单位：Lehigh University; Universita della Svizzera Italiana; Swiss Finance Institute (SFI); Universita della Svizzera Italiana; University of Southern California
摘要：This paper examines startups' positioning within technological cycles. We use patent text to measure whether innovation pertains to a technological area that is rapidly evolving or stable. We show that innovation in rapidly evolving areas (i.e., early in the cycle) substitute for existing technologies, whereas innovation in stable areas (i.e., later in the cycle) complement them. Our new measure is distinct from existing characterizations of innovation and is economically important. We find th...
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作者：Huynh, Thanh D.; Xia, Ying
作者单位：Monash University
摘要：This study uses disaggregated establishment-level data to identify a firm's exposure to physical climate risk and examines investors' reaction to natural disasters in both the U.S. corporate bond and stock markets. We find that, when a firm is exposed to disasters, investors overreact by depressing the current bond and stock prices, causing future returns to be higher. However, firms with a strong environmental profile experience lower selling pressure on their bonds and stocks, although their...
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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：Rohde, Kirsten I. M.; Yu, Xiao
作者单位：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; Vrije Universiteit Amsterdam
摘要：Decisions with risky consequences at multiple points in time are driven not only by risk attitudes and time preferences but also by attitudes toward intertemporal correlation (i.e., the correlation between outcomes at different points in time). This paper proposes a model-free method to measure degrees of intertemporal correlation aversion. We disentangle attitudes toward positive and negative intertemporal correlation, which can differ if expected intertemporal utility is violated. In an expe...
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作者：Flannery, Mark J.; Hong, Claire Yurong; Wang, Baolian
作者单位：State University System of Florida; University of Florida
摘要：Government bonds might provide reference entities that reduce corporate bond yields. We study China's 2017 issuance of two U.S. dollar (USD)-denominated sovereign bonds when there were (effectively) no outstanding USD sovereigns. We find that Chinese corporate USD bonds experienced a four- to nine-basis-point decline in yield spreads, whereas corporate renminbi (RMB) bonds did not. The effect was stronger for corporate bonds with maturities similar to those of the USD sovereigns. Further consi...
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作者：Kim, Dong Soo; Lee, Sanghak; Hur, Taegyu; Kim, Jaehwan; Allenby, Greg M.
作者单位：University System of Ohio; Ohio State University; Arizona State University; Arizona State University-Tempe; Iowa State University; Korea University
摘要：Consumers encounter costs and inconvenience in the purchase and consumption of goods. Time, effort, training, and expertise, also referred to as access costs, are examples of factors that constrain the ability of consumers to derive utility from offerings beyond the price of a good. Economies of scope exist when household production of these factors share commonalities among choice alternatives, making it more likely that some products would be purchased and consumed in conjunction with others...
