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作者:Xie, Jiaheng; Zhao, Xiaohang; Liu, Xiang; Fang, Xiao
作者单位:University of Delaware; Shanghai University of Finance & Economics
摘要:Health sensing for chronic disease management creates immense benefits for social welfare. Existing health sensing studies primarily focus on the prediction of physical chronic diseases. Depression, a widespread complication of chronic diseases is, however, understudied. We draw on the medical literature to support depression detection using motion sensor data. To connect humans in this decision making, safeguard trust, and ensure algorithm transparency, we develop an interpretable deep learni...
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作者:Goedde-Menke, Michael; Diecidue, Enrico; Jacobs, Andreas; Langer, Thomas
作者单位:University of Munster; INSEAD Business School
摘要:This paper experimentally demonstrates that group discussions can serve as an instrument to improve competence calibration, which in turn allows getting more wisdom out of the crowd through competence weighting. While the alignment of individuals' estimation accuracy and self-perceived competence is typically poor and competence-weighted aggregates do not even match the accuracy of simple averaging, we find that preceding group discussions on unrelated judgment problems enhance competence cali...
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作者:Hristakeva, Sylvia
作者单位:Cornell University
摘要:This paper analyzes the impact of lawsuit advertisements targeting drug companies. Although the main purpose of the ads is to recruit potential lawsuit plaintiffs, they also reach a broad audience of viewers. Medical professionals have raised concerns that drug injury ads may lead uninjured patients to misperceive the risks and benefits of treatment, leading them to discontinue medically necessary drugs. The paper examines how drug injury ads affect prescription fills and subsequent health out...
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作者:Valdes, Leon; Young-Hyman, Trevor; Gilbertson, Evan; Bhattacharya, C. B.; Hahl, Oliver
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; Carnegie Mellon University
摘要:Whereas corporate purpose involves a claim made to galvanize stakeholders, recent research on the topic has not examined it as a claim. Given the information asymmetry that many evaluators of purpose claims face, a key question concerns the conditions under which they are not simply viewed as cheap talk but are instead perceived as authentic. We argue that the difficulty and future orientation inherent to purpose claims make firm capacity a key source of authenticity and, ultimately, positive ...
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作者:Brodback, Daniel; Guenster, Nadja; Pouget, Sebastien; Wang, Ruichen
作者单位:University of Munster; Communaute d'universites et etablissements de Toulouse (Comue); Universite Toulouse 1 Capitole; Communaute d'universites et etablissements de Toulouse (Comue); Universite Toulouse 1 Capitole
摘要:We present an experimental study of investors' willingness to pay for socially responsible assets. In our initial public offering experiment, various assets share identical financial risk-return profiles but differ in the intensity and timing of societal benefits, represented by charitable donations. We find that subjects value societal benefits positively and prefer a positive correlation between financial returns and these societal benefits. We offer implications for the design of corporate ...
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作者:Almeida, Heitor; Huang, Ruidi; Liu, Ping; Xuan, Yuhai
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; National Bureau of Economic Research; Southern Methodist University; Purdue University System; Purdue University; University of California System; University of California Irvine
摘要:This article discusses how mandating employers to provide health insurance of a minimum quality and the associated increases in health insurance premia affect firm employment and performance. Using firm-level employee health insurance data around the passage of the Patient Protection and Affordable Care Act (PPACA), we show that the PPACA is associated with a significant increase in health insurance premia for employees in company-sponsored health insurance plans. In response, employers with g...
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作者:Qiu, Zhigang; Wang, Ziyue
作者单位:Renmin University of China; Renmin University of China; Dongbei University of Finance & Economics
摘要:We analyze the optimal boundary for open data in an economy where financial and real-sector participants access both open and private data. The distinctive features of open access and nonrivalrous usage of open data enable its dual roles as a public information source and innovation input but raise privacy concerns. Our model reveals a novel tradeoff: Although enhanced private data precision and data skills substitute for open data's information source role, its ability to amplify innovation b...
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作者:Markou, Panos; Chan, Tian Heong
作者单位:University of Virginia; Emory University
摘要:Complex and important decisions are often made with advice from a committee of experts. But how do a committee's rules of engagement affect the way individuals discuss, how they vote, and ultimately the quality of their collective recommendation? Compiling verbatim transcripts from U.S. Food and Drug Administration advisory committee meetings, we study how a 2007 switch from sequential to simultaneous voting procedures changed discussions, information exchange, and decision making. Consistent ...
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作者:Nageswaran, Leela; Kan, Yu (Rain); Ananthakrishnan, Uttara M.
作者单位:University of Washington; University of Washington Seattle; Indiana University System; IU Kelley School of Business; Indiana University Bloomington; University of Washington; University of Washington Seattle
摘要:E-commerce retailers often need to make inventory decisions for new products under high uncertainty. We study a new business practice of using crowdvoting, wherein a retailer first seeks input from customers on the desirability of the product and then bases the purchasing decision on their votes. We collaborated with a subscription-based apparel rental platform and obtained a proprietary data set comprising the platform's products and users. We leverage the staggered introduction of crowdvotin...
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作者:Wu, Qinyu; Yu-Meng, Jonathan; Mao, Tiantian
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; University of Ottawa
摘要:Wasserstein distributionally robust optimization (DRO) has gained prominence in operations research and machine learning as a powerful method for achieving solutions with favorable out-of-sample performance. Two compelling explanations for its success are the generalization bounds derived from Wasserstein DRO and its equivalence to regularization schemes commonly used in machine learning. However, existing results on generalization bounds and regularization equivalence are largely limited to s...