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作者：Bian, Jiang; Greenberg, Jason; Li, Jizhen; Wang, Yanbo
作者单位：University of Hong Kong; University of Pennsylvania; Tsinghua University
摘要：There is often considerable anxiety and conflicting advice concerning the benefits of presenting/being evaluated first. We thus investigate how expert evaluators vary in their evaluations of entrepreneurial proposals based upon the order in which they are evaluated. Our research setting is a premiere innovation fund competition in Beijing, China, where the prize money at stake is economically meaningful, and evaluators are quasirandomly assigned to evaluate written grant proposals without the ...
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作者：Caro, Felipe; Colliard, Jean-Edouard; Katok, Elena; Ockenfels, Axel; Stier-Moses, Nicolas; Tucker, Catherine; Wu, D. J.
作者单位：University of California System; University of California Los Angeles; Hautes Etudes Commerciales (HEC) Paris; University of Texas System; University of Texas Dallas; University of Cologne; Massachusetts Institute of Technology (MIT); University System of Georgia; Georgia Institute of Technology
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作者：Mislavsky, Robert; Gaertig, Celia
作者单位：Johns Hopkins University; University of Chicago
摘要：How do we combine others' probability forecasts? Prior research has shown that when advisors provide numeric probability forecasts, people typically average them (i.e., they move closer to the average advisor's forecast). However, what if the advisors say that an event is likely or probable? In eight studies (n = 7,334), we find that people are more likely to act as if they count verbal probabilities (i.e., they move closer to certainty than any individual advisor's forecast) than they are to ...
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作者：Sonsino, Doron; Lahav, Yaron; Roth, Yefim
作者单位：Ben-Gurion University of the Negev; Ben-Gurion University of the Negev; University of Haifa
摘要：The growing market for retail structured investment products and empirical evidence for excessive pricing of such products raise the hypothesis that private investors show increased risk appetite in structured investment contexts. A two-stage framed field experiment building on cumulative prospect theory is designed to test this hypothesis. Subjects' expectations regarding the future performance of an underlying index are elicited first. A bisection algorithm is then applied to derive the cert...
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作者：Berman, Ron; Van den Bulte, Christophe
作者单位：University of Pennsylvania
摘要：We investigate what fraction of all significant results in website A/B testing is actually null effects (i.e., the false discovery rate (FDR)). Our data consist of 4,964 effects from 2,766 experiments conducted on a commercial A/B testing platform. Using three different methods, we find that the FDR ranges between 28% and 37% for tests conducted at 10% significance and between 18% and 25% for tests at 5% significance (two sided). These high FDRs stem mostly from the high fraction of true null ...
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作者：Gong, Xiao-Yue; Goyal, Vineet; Iyengar, Garud N.; Simchi-Levi, David; Udwani, Rajan; Wang, Shuangyu
作者单位：Massachusetts Institute of Technology (MIT); Columbia University; Massachusetts Institute of Technology (MIT); University of California System; University of California Berkeley
摘要：We consider an online assortment optimization problem where we have n substitutable products with fixed reusable capacities c(1), ...,c(n). In each period t, a user with some preferences (potentially adversarially chosen) who offers a subset of products, S-t, from the set of available products arrives at the seller's platform. The user selects product j is an element of S-t with probability given by the preference model and uses it for a random number of periods,(t) over tilde (j), that is dis...
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作者：Jain, Aditya
作者单位：City University of New York (CUNY) System; Baruch College (CUNY)
摘要：We analyze demand information sharing collaboration between two manufacturers and a retailer under upstream competition. The manufacturers produce partially substitutable products, which are stocked by the retailer that sells them in the market characterized by random demand. The manufacturers are privately informed about uncertain demand and decide on whether to share this information with the retailer. We show that by not sharing information, a manufacturer ends up distorting its wholesale p...
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作者：Bu, Di; Liao, Yin
作者单位：Macquarie University
摘要：We study the effects of village credit information sharing on individual microloan repayment, using a randomized experiment with loan applicants from 40 villages in rural China. In our main treatment, customers received a message on the loan application form that overdue payment (40 days after each installment due date) will be considered for public disclosure among the village by showing debtors' names on a blackboard outside the village office of the microlending institution. On average, thi...
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作者：Gao, Fei; Agrawal, Vishal V.; Cui, Shiliang
作者单位：Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Georgetown University
摘要：Most retailers today sell products through an online channel in addition to traditional physical stores. We investigate how such a multichannel or omnichannel retailer should decide the number and size of physical stores. We show that a higher return rate for online purchases can incentivize the retailer to have fewer physical stores that are larger in size. As online shopping becomes more convenient, a retailer may prefer to have more physical stores that are smaller in size. We also study th...
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作者：Beer, Ruth; Ahn, Hyun-Soo; Leider, Stephen
摘要：Although innovation sharing between a buyer and a supplier-a common practice in the automotive industry-can increase the efficiency and total profit of a supply chain, suppliers are often reluctant to do so. Sharing innovations would leave the supplier in a vulnerable position if the buyer were to exploit the information (e.g., by resharing the supplier's innovation with competing suppliers). Anecdotal evidence from automotive suppliers tells us that the nature of a supplier-buyer relationship...
