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作者：Bergantinos, Gustavo; Moreno-Ternero, Juan D.
作者单位：Universidade de Vigo; Universidad Pablo de Olavide
摘要：We study the problem of sharing the revenues raised from subscriptions to music streaming platforms among content providers. We provide direct, axiomatic, and game theoretical foundations for two focal (and somewhat polar) methods widely used in practice: pro rata and user centric. The former rewards artists proportionally to their number of total streams. With the latter, each user's subscription fee is proportionally divided among artists streamed by that user. We also provide foundations fo...
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作者：Barrenho, Eliana; Gautier, Eric; Miraldo, Marisa; Propper, Carol; Rose, Christiern
作者单位：Organisation for Economic Co-operation & Development (OECD); Communaute d'universites et etablissements de Toulouse (Comue); Universite Toulouse 1 Capitole; Toulouse School of Economics; Imperial College London; Monash University; University of Queensland
摘要：Using a novel 15-year data set on surgeon adoption of a complex surgical innovation in the English National Health Service and an identification strategy based on surgeon mobility, this paper disentangles three channels of coworker influence on innovation diffusion: (1) peer network size, (2) influential key players, and (3) cumulative peer adoption. We find that a one standard deviation in peer connections boost innovation by 16%. Key players can either amplify or dampen diffusion, and peer a...
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作者：Calzolari, Giacomo; Cheysson, Anatole; Rovatti, Riccardo
作者单位：European University Institute; Centre for Economic Policy Research - UK; University of Bologna
摘要：Machine data (MD), that is, data generated by machines, are increasingly gaining importance, potentially surpassing the value of the extensively discussed personal data. We present a theoretical analysis of the MD market, addressing challenges such as data fragmentation, ambiguous property rights, and the public-good nature of MD. We consider machine users producing data and data aggregators providing MD analytics services (e.g., with digital twins for real-time simulation and optimization). B...
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作者：Li, Wei; Xu, Qiping; Zhu, Qifei
作者单位：City University of Hong Kong; University of Illinois System; University of Illinois Urbana-Champaign; National University of Singapore
摘要：We exploit within-firm variations in plant-level toxic releases to examine the effect of managerial hometown preference on corporate environmental policies. We find that pollution levels are about 30% lower for plants located near chief executive officers' (CEOs') hometowns. This reduction is achieved through resource-intensive pollution control efforts, including source reduction and waste management activities. Analyses using CEO turnover provide causal inferences. Local residents benefit fr...
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作者：Huang, Zihong; Liu, De
作者单位：Texas Tech University System; Texas Tech University; University of Minnesota System; University of Minnesota Twin Cities
摘要：Amid the rise of the influencer economy, fake social media accounts have become prevalent on many social media platforms. Yet the problem of fake accounts is still poorly understood, and so is the effectiveness of coping strategies. This research models the ecosystem of fake accounts in an influencer economy and obtains insights on fake account purchasing behaviors, the impact of antifake efforts, and the roles of various contextual factors. We show that as the antifake effort increases, the e...
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作者：Adbi, Arzi; Mishra, Anant; Chatterjee, Chirantan
作者单位：National University of Singapore; University of Minnesota System; University of Minnesota Twin Cities; University of Sussex
摘要：This study examines how domestic and foreign firms in the private sector respond to a reduction in competition from the public sector. Our analysis exploits the sudden suspension of production licenses of vaccine-manufacturing public sector units (PSUs) in January 2008 in India, home to more than 1.2 billion people at that time. Although the suspension presented a window of opportunity for private sector firms, the opportunity was laden with high uncertainty. Despite this uncertainty, we find ...
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作者：Araujo, Felipe A.; Chabris, Christopher F.; Meyer, Michelle N.
作者单位：Lehigh University
摘要：We study the effect of on-the-job experience on base-rate neglect, which is a common bias in assessing conditional probabilities. We do so by carrying out experiments with medical professionals, who are routinely exposed to conditional-probability problems in the form of diagnostic tests, and nonmedical professionals, who are not. As such, medical workers with more years of experience will have had more exposure to base-rate type problems than nonmedical workers with similar years of experienc...
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作者：Xu, Fasheng; Wang, Xiaoyu; Zhang, Fuqiang
作者单位：University of Connecticut; Hong Kong Polytechnic University; Washington University (WUSTL)
摘要：Exploitation of consumer data allows online retailers to enhance services provided to consumers but at the risk of causing unintended privacy issues. There has been debate about whether to devise regulation policies to restrict data collection and usage by online retailers. This paper studies the implications of newly adopted privacy policies, such as the General Data Protection Regulation (GDPR), for an online retail supply chain comprising a retailer and a supplier. We find that despite the ...
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作者：Guo, Liang
作者单位：City University of Hong Kong
摘要：Collaborative customization is common in many markets. Sellers and customers can collectively discover the value of the product's basic design. Customers' willingness to pay can also be increased by being engaged to improve the product design. We study how a seller can design the information structure of collective learning about the product's basic value to induce costly customer engagement. We consider a setting in which the parties' expected payoffs are determined endogenously through the s...
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作者：Bekes, Gabor; Ottaviano, Gianmarco I. P.
作者单位：Centre for Economic Policy Research - UK; Bocconi University; University of London; London School Economics & Political Science
摘要：One may reasonably think that cultural homophily, defined as the tendency to associate with others of similar culture, affects collaboration in multinational teams in general but not in superstar teams of professionals at the top of their industry. The analysis of an exhaustive data set on the passes made by professional European football players in the top five men's leagues reveals that on the contrary, cultural homophily is persistent, pervasive, and consequential, even in superstar multina...
