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作者：Kesavan, Saravanan; Lambert, Susan J.; Williams, Joan C.; Pendem, Pradeep K.
作者单位：University of North Carolina; University of North Carolina Chapel Hill; University of Chicago; University of California System; University of California San Francisco; University of Oregon
摘要：We estimate the causal effects of responsible scheduling practices on store financial performance at the U.S. retailer Gap, Inc. The randomized field experiment evaluated a multicomponent intervention designed to improve dimensions of work schedules??? consistency, predictability, adequacy, and employee control???shown to foster employee well-being. The experiment was conducted in 28 stores in the San Francisco and Chicago metropolitan areas for nine months between November 2015 and August 201...
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作者：Czibor, Eszter; Hsu, Danny; Jimenez-Gomez, David; Neckermann, Susanne; Subasi, Burcu
作者单位：University of Iceland; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Universitat d'Alacant; University of Chicago
摘要：This paper explores how loss-framed incentives affect behavior in a multitasking environment in which participants have more than one way of recovering (expected) losses. In a real-effort laboratory experiment, we offer participants task incentives that are framed as either a reward (gain) or penalty (loss). We study their responses along three dimensions: performance in the incentivized task, theft, and voluntary provision of help. We find that framing incentives as a penalty rather than as a...
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作者：Chen, Wei; Wei, Zaiyan; Xie, Karen
作者单位：University of Arizona; Purdue University System; Purdue University; University of Denver
摘要：As cities debate how to regulate Airbnb and other home-sharing services, we study the impacts of home sharing on local residential real estate markets. By accommodating transient travelers with short-term rental properties, home-sharing platforms have evolved as a major alternative channel that attracts the growing supply of residential properties. However, on the demand side of local residential markets, home-sharing platforms are not a viable option for residents. To demonstrate this dynamic...
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作者：Abdellaoui, Mohammed; Diecidue, Enrico; Kemel, Emmanuel; Onculer, Ayse
作者单位：Hautes Etudes Commerciales (HEC) Paris; Centre National de la Recherche Scientifique (CNRS); INSEAD Business School; ESSEC Business School
摘要：This paper reports two experiments in which attitudes toward temporal risk resolution is elicited from choices between two-outcome lotteries that pay out at some future fixed date and can be resolved either now or later. We show that matching probabilities provides a simple method to measure attitudes toward temporal resolution-via the utility scale-under the recursive expected utility of Kreps and Porteus. We also analyze our data using a general recursive model that can reveal attitudes towa...
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作者：Arad, Ayala; Maltz, Amnon
作者单位：Tel Aviv University; University of Haifa
摘要：Could introducing a tiny interest rate on positive balances of checking accounts affect investment decisions? We suggest, counterintuitively, that it might decrease allocations to checking accounts and increase riskless investments with higher returns. This violation of monotonicity is a potential outcome of a novel behavioral phenomenon that we formalize and investigate experimentally. It posits that even a small interest rate highlights or turns on the safe gains dimension, bumping up its de...
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作者：Arnosti, Nick; Weinberg, S. Matthew
作者单位：University of Minnesota System; University of Minnesota Twin Cities; Princeton University
摘要：We argue that the concentrated production and ownership of Bitcoin mining hardware arise naturally from the economic incentives of Bitcoin mining. We model Bitcoin mining as a two-stage competition; miners compete in prices to sell hardware while competing in quantities for mining rewards. We characterize equilibria in our model and show that small asymmetries in operational costs result in highly concentrated ownership of mining equipment. We further show that production of mining equipment w...
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作者：Black, Dirk E.; Pierce, Spencer R.; Thomas, Wayne B.
作者单位：University of Nebraska System; University of Nebraska Lincoln; State University System of Florida; Florida State University; University of Oklahoma System; University of Oklahoma - Norman
摘要：The purpose of our study is to further understand managerial incentives that affect the volatility of reported earnings. Prior research suggests that the volatility of fourth-quarter earnings may be affected by the integral approach to accounting (i.e., settling up of accrual estimation errors in the first three quarters of the fiscal year) or earnings management to meet certain reporting objectives (e.g., analyst forecasts). We suggest that another factor affecting fourth-quarter earnings is ...
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作者：Gritckevich, Aleksandr; Katona, Zsolt; Sarvary, Miklos
作者单位：Columbia University; University of California System; University of California Berkeley
摘要：In recent years, ad blocking has become a significant threat to advertising -supported content. Adblockers typically negotiate with publishers, allowing some ads to go through in return for a payment, a practice called (partial) whitelisting in the industry. Ad blocking has a direct positive effect on consumers by reducing advertising intensity. On the other hand, the practice clearly hurts publishers and reduces their incentives to in-vest in content quality. Lower content quality, in turn ha...
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作者：Kim, Minkyung; Sudhir, K.; Uetake, Kosuke
作者单位：University of North Carolina; University of North Carolina Chapel Hill; Yale University
摘要：This paper broadens the focus of empirical research on salesforce management to include multitasking settings with multidimensional incentives, where salespeople have private information about customers. This allows us to ask novel substantive questions around multidimensional incentive design and job design while managing the costs and benefits of private information. To this end, the paper introduces the first structural model of a multitasking salesforce in response to multidimensional ince...
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作者：Fioriti, Andres; Hernandez-Chanto, Allan
作者单位：National University of the South; Instituto de Investigaciones en Ingenieria Electrica (IIIE); University of Queensland
摘要：We introduce risk-averse bidders in a security-bid auction to analyze how the security design affects bidders' equilibrium behavior and, as a result, the revenue and efficiency of the auction. We show that steeper securities provide more insurance because they allow bidders to smooth payoffs across realizations. Such insurance levels the playing field for more-risk-averse bidders, inducing them to bid more aggressively. As a consequence, the auction's allocative efficiency weakly increases whe...
