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作者：[Anonymous]
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作者：Arya, Anil; Ramanan, Ram N. V.
作者单位：University System of Ohio; Ohio State University; State University of New York (SUNY) System; Binghamton University, SUNY; Indian School of Business (ISB)
摘要：A firm's publicly available information reflects ex ante committed information releases and ex post discretionary disclosures. In a setting wherein a firm's CEO is concerned with stock market valuation and confrontations with the employee union, this paper endogenizes when the CEO retains ex post disclosure discretion and when the CEO curtails discretion, opting instead to ex ante commit to not gathering information or publicly disclosing information. The underlying economic forces entail a tr...
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作者：Li, Bin; Boyabatll, Onur; Avci, Buket
作者单位：Wuhan University; Singapore Management University
摘要：Motivated by the agricultural industries, this paper studies the economic and environmental implications of biomass commercialization; that is, converting organic waste into a saleable product from the perspective of a processor that uses a commodity input to produce both a commodity output and biomass. We characterize the economic value of biomass commercialization and examine how input and output spot price uncertainties affect this value. Using a model calibration, we find that lower input ...
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作者：Dietzenbacher, Bas J.; Kondratev, Aleksei Y.
作者单位：Maastricht University; HSE University (National Research University Higher School of Economics)
摘要：Given the ranking of competitors, how should the prize endowment be allocated? This paper introduces and axiomatically studies the prize allocation problem. We focus on consistent prize allocation rules satisfying elementary solidarity and fairness principles. In particular, we derive several families of rules satisfying anonymity, order preservation, and endowment monotonicity, which all fall between the equal division rule and the winnertakes-all rule. Our results may help organizers to sele...
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作者：Gao, Long
作者单位：University of California System; University of California Riverside
摘要：We study a compensation problem for salespeople with learning potential. In our model, both the firm and sales agent are risk neutral and forward-looking; the agent can privately observe his skill, exert effort, and learn from experience; the firm can learn from the agent's choice and revise sales targets over time. The problem entails a dynamic tradeoff between exploiting learning, screening information, and maximizing efficiency. We find the optimal compensation plan differs substantially fr...
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作者：Li, Jin; Mukherjee, Arijit; Vasconcelos, Luis
作者单位：University of Hong Kong; Michigan State University; University of Technology Sydney; Universidade Nova de Lisboa
摘要：We present a novel explanation of why organizations tend to lose their agility over time despite their efforts to foster worker initiative in adapting to local information. Worker initiative ensures efficiency but requires strong incentives. When incentives are relational and the firm faces shocks to its credibility, it may adopt standardized work processes that ignore local information but yield satisfactory (though suboptimal) performance. The adoption of such standardized processes helps th...
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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：Gowrisankaran, Gautam; Joiner, Keith; Leger, Pierre Thomas
作者单位：Columbia University; Centre for Economic Policy Research - UK; National Bureau of Economic Research; University of Arizona; University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital
摘要：We study healthcare operations of emergency departments (EDs) by examining the practice styles and skills of ED physicians. Our data include all residents of Montreal, Canada, with an initial ED visit in Montreal during a nine-month period. For each visit, our data record the initial treating hospital, ED physician, ED billed expenditures, and all interactions with the health system within the subsequent 90 days. Physicians in Montreal rotate across shifts between simple and difficult cases, i...
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作者：Alban, Andres; Chick, Stephen E.; Forster, Martin
作者单位：INSEAD Business School; University of Bologna; University of York - UK
摘要：Health systems are placing increasing emphasis on improving the design and operation of clinical trials with the aim of making the health technology adoption process more value-based. We present a model of a value-based, two-armed clinical trial in which both the recruitment rate and trial length are optimized. The model is value-based because it balances the cost of the trial with the expected benefit it generates for patients, valued by the relative health benefits and costs of the technolog...
