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作者:Zeng, Helen Shuxuan; Danaher, Brett; Smith, Michael D.
作者单位:Carnegie Mellon University; Chapman University System; Chapman University
摘要:In the two weeks after the U.S. Congress passed a package of anti-sex trafficking bills on March 21, 2018, two of the largest online commercial sex advertising platforms ceased operation. On March 23, Craigslist voluntarily removed their personals section, which had been dominated by advertisements for commercial sex. And on April 6, the Department of Justice seized Backpage.com, the largest online platform for commercial sex advertisements. Our research examines the impact of these shutdowns ...
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作者:Ashkanani, Ahmad M.; Dunford, Benjamin B.; Mumford, Kevin J.
作者单位:Kuwait University; Purdue University System; Purdue University
摘要:We study the joint effects of motivation and workload on human servers' service time. Using operational and survey data from a call center with a pooled queue structure and limited financial incentives, we examine how individual differences between servers' trait intrinsic motivation (IM) and extrinsic motivation (EM) impact their average offline, online, and total service times in response to changing workloads. We find significant differences in the patterns of workload and service time rela...
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作者:Bleichrodt, Han; van Loon, Rogier J. D. Potter; Prelec, Drazen
作者单位:Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT)
摘要:This paper introduces the index tau = ln beta/ln delta as a measure of time inconsistency and vulnerability to self-control problems in the quasi-hyperbolic, beta-delta (beta, delta) discounting model. We provide a preference foundation for tau and, consequently, a revealed preference definition of failed self-control. The tau index is independent of utility and has an intuitive interpretation as the maximum number of future selves who can disagree with the current self with respect to uniform...
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作者:Birge, John R.; Candogan, Ozan; Feng, Yiding
作者单位:University of Chicago; Microsoft
摘要:Data on population movements can be helpful in designing targeted policy responses to curb epidemic spread. However, it is not clear how to exactly leverage such data and how valuable they might be for the control of epidemics. To explore these questions, we study a spatial epidemic model that explicitly accounts for population movements and propose an optimization framework for obtaining targeted policies that restrict economic activity in different neighborhoods of a city at different levels...
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作者:Xu, Yan; Ni, Jian
作者单位:Virginia Polytechnic Institute & State University; Johns Hopkins University
摘要:Reward-based crowdfunding has enabled entrepreneurs to interact with consumers even before product launches. However, this market persistently suffers from a high failure rate; that is, entrepreneurs fail to launch and deliver their products as promised. We investigate the extent to which this high failure rate is because of information distortion-entrepreneurs have uncertainty about consumers' evaluation of the new products. We model the product launch decisions of different types of entrepre...
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作者:Bourveau, Thomas; Brochet, Francois; Garel, Alexandre
作者单位:Columbia University; Boston University; Audencia
摘要:We examine the consequences of a regulatory intervention aimed at generalizing tenure voting in French public companies. The 2014 Florange Act departs from the 'one share one vote' principle by automatically granting double-voting rights (DVR) to shares held for at least two years. However, firms can opt out through an annual meeting vote. We document three main findings. First, firms that adopt DVR by default experience a decrease in long-term foreign institutional ownership offset by an incr...
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作者:Zhang, Han; Aydin, Goker; Parker, Rodney P.
作者单位:Michigan State University; Michigan State University's Broad College of Business; Johns Hopkins University; Indiana University System; Indiana University Bloomington; IU Kelley School of Business
摘要:We study a buyer's problem of auditing suppliers within an existing network to ensure social responsibility compliance. The buyer suffers economic damages if a violation at a supplier is exposed (whether by the media, regulator, or nongovernmental organization). To avoid damages, the buyer may audit the network to identify noncompliance. If a supplier fails an audit, the buyer must take one of two costly actions: either rectify the supplier or drop the supplier (along with any dependent suppli...
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作者:Xu, Heng; Zhang, Nan
作者单位:American University
摘要:Over the past two decades, behavioral research in privacy has made considerable progress transitioning from acontextual studies to using contextualization as a powerful sensitizing device for illuminating the boundary conditions of privacy theories. Significant challenges and opportunities wait, however, on elevating and converging individually contextualized studies to a context-contingent theory that explicates the mechanisms through which contexts influence consumers' privacy concerns and t...
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作者:Hsu, Po-Hsuan; Lee, Hsiao-Hui; Zhou, Tong
作者单位:National Tsing Hua University; National Chengchi University; ShanghaiTech University
摘要:Patent thickets, a phenomenon of fragmented ownership of overlapping patent rights, hamper firms' commercialization of patents and thus deliver asset pricing implications. We show that firms with deeper patent thickets are involved in more patent litigations, launch fewer new products, and become less profitable in the future. These firms are also associated with lower subsequent stock returns, which can be explained by a conditional Capital Asset Pricing Model (CAPM) based on a general equili...
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作者:Houde, Sebastien
作者单位:Grenoble Ecole Management
摘要:Voluntary environmental certification programs have been a popular tool used by governments, industry groups, and nonprofit organizations alike. A central question in the design of such programs is who should pay for them. In a context where firms respond strategically to a certification, the answer to this question is a priori ambiguous and, ultimately, empirical. This paper provides important insights on this question using ENERGY STAR, a voluntary certification program for energy-efficient ...