作者:Xue, Ling; Ray, Gautam; Zhao, Xia
作者单位:University System of Georgia; Georgia State University; University of Minnesota System; University of Minnesota Twin Cities; University of North Carolina; University of North Carolina Greensboro
摘要:This study examines how managerial incentives may drive firms to adopt a proactive strategic posture to implement more information technology (IT) than competitors. We consider both performance incentives that motivate managers to enhance firm returns and risk incentives that motivate managers to take risks. Our empirical analysis shows that while the proactiveness in IT strategic posture leads to both firm returns and firm risk, risk incentives rather than performance incentives essentially d...
作者:Bichler, Martin; Hao, Zhen; Adomavicius, Gediminas
作者单位:Technical University of Munich; University of Minnesota System; University of Minnesota Twin Cities
摘要:Bidders in larger ascending combinatorial auctions face a substantial coordination problem, which has received little attention in the literature. The coordination problem manifests itself by the fact that losing bidders need to submit nonoverlapping package bids that are high enough to outbid the standing winners. We propose an auction format, which leverages the information that the auctioneer collects throughout the auction about the preferences of individual bidders and suggests prices for...