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作者：Friebel, Guido; Heinz, Matthias; Zubanov, Nikolay
作者单位：Goethe University Frankfurt; University of Cologne; University of Konstanz
摘要：In a randomized controlled trial, a large retail chain's Chief Executive Officer (CEO) sets new goals for the managers of the treated stores by asking them to do what they can to reduce the employee quit rate. The treatment decreases the quit rate by a fifth to a quarter, lasting nine months before petering out, but reappearing after a reminder. There is no treatment effect on sales. Further analysis reveals that treated store managers spend more time on human resources (HR) and less on custom...
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作者：Degryse, Hans; Van Achter, Mark; Wuyts, Gunther
作者单位：KU Leuven; Centre for Economic Policy Research - UK
摘要：We analyze how market design choices about counterparty information and costs related to the plumbing (i.e., clearing, settlement, and custody) of securities markets affect market quality and welfare. Our model compares two post-trade fee structures for allocating these costs. One charges a uniform fee for all trades and the other, marginal cost-based structure a reduced fee for internalized trades (which, both traders being from the same broker, is less costly to process). Both market design ...
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作者：Dierks, Ludwig; Seuken, Sven
作者单位：University of Zurich
摘要：Cloud computing providers must constantly hold many idle compute instances available (e.g., for maintenance or for users with long-term contracts). A natural idea, which should intuitively increase the provider's profit, is to sell these idle instances on a secondary market, for example, via a preemptible spot market. However, this ignores possible market cannibalization effects that may occur in equilibrium as well as the additional costs the provider experiences due to preemptions. To study ...
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作者：Reed, Sara; Campbell, Ann Melissa; Thomas, Barrett W.
作者单位：University of Iowa; University of Iowa
摘要：We demonstrate that autonomous-assisted delivery can yield significant improvements relative to today's system in which a delivery person must park the vehicle before delivering packages. We model an autonomous vehicle that can drop off the delivery person at selected points in the city where the delivery person makes deliveries to the final addresses on foot. Then, the vehicle picks up the delivery person and travels to the next reloading point. In this way, the delivery person would never ne...
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作者：Mallipeddi, Rakesh R.; Kumar, Subodha; Sriskandarajah, Chelliah; Zhu, Yunxia
作者单位：Tulane University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Nebraska System; University of Nebraska Lincoln
摘要：Explosive growth in the number of users on various social media platforms has transformed the way firms strategize their marketing activities. To take advantage of the vast size of social networks, firms have now turned their attention to influencer marketing wherein they employ independent influencers to promote their products on social media platforms. Despite the recent growth in influencer marketing, the problem of network seeding (i.e., identification of influencers to optimally post a fi...
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作者：Cao, Ping; Tian, Feng; Sun, Peng
作者单位：Chinese Academy of Sciences; University of Science & Technology of China, CAS; University of Michigan System; University of Michigan; Duke University
摘要：In this comment, we first use a counterexample to demonstrate that the optimal contract structure proposed in section 4 of the paper [Sun P, Tian F (2018) Optimal contract to induce continued effort. Management Sci. 64(9):4193-4217] can be wrong when the two players' discount rates are different. We then specify correct optimal contract structures, which involve generalizing the contract space to allow random termination. Numerical study with a wide range of model parameters illustrates that s...
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作者：Lipsitz, Michael; Starr, Evan
作者单位：University System of Maryland; University of Maryland College Park
摘要：We exploit the 2008 Oregon ban on noncompete agreements (NCAs) for hourly paid workers to provide the first evidence on the impact of NCAs on low-wage workers. We find that banning NCAs for hourly workers increased hourly wages by 2%-3% on average. Since only a subset of workers sign NCAs, scaling this estimate by the prevalence of NCA use in the hourly-paid population suggests that the effect on employees actually bound by NCAs may be as great as 14%-21%, though the true effect is likely lowe...
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作者：Lehrer, Steven F.; Xie, Tian
作者单位：Queens University - Canada; National Bureau of Economic Research; Shanghai University of Finance & Economics
摘要：There exists significant hype regarding how much machine learning and incorporating social media data can improve forecast accuracy in commercial applications. To assess if the hype is warranted, we use data from the film industry in simulation experiments that contrast econometric approaches with tools from the predictive analytics literature. Further, we propose new strategies that combine elements from each literature in a bid to capture richer patterns of heterogeneity in the underlying re...
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作者：Shelegia, Sandro; Sherman, Joshua
作者单位：Pompeu Fabra University; Barcelona School of Economics; Centre for Economic Policy Research - UK; Charles River Associates; Northwestern University; Northwestern University
摘要：In the West, where posted prices are the norm, it is uncommon to observe consumers receive discounts below the posted price. Nevertheless, we find that when stores are asked, a discount is granted approximately 40% of the time, with a median discount percentage of 10%. Discounts are more likely to be offered by small-scale firms, for higher priced products, and for nonsale items. More generally, differences in price delegation behavior across firm types serve as an indicator that monitoring co...
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作者：Song, Hummy; Andreyeva, Elena; David, Guy
作者单位：University of Pennsylvania; Texas A&M University System; Texas A&M University College Station; Texas A&M Health Science Center; University of Pennsylvania
摘要：Home healthcare is a rapidly growing area of the health sector in the United States. We study its role in the shift toward value-based care, as it is viewed as an avenue for achieving reductions in the cost and utilization of expensive downstream healthcare services. Using a novel data set on home healthcare visits, we examine whether and how the amount of time that a provider spends during a home health visit with a recently discharged patient impacts the patient's likelihood of being readmit...
