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作者:Lyu, Jiancheng; Shen, Xiaobei; Zhou, Yuqian; Kong, Xiangyin
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; Zhejiang University
摘要:Problem definition: The rise of crowdfunding hides a flaw: creators' private information that is unobservable enables them to exploit backers, stalling the sector. To shield backers, platforms now escrow part of raised funds as deferred-payment insurance. We explore whether the implementation of deferred payment (DePay) shapes quality signaling under private information and how to utilize DePay for better campaign outcomes. Methodology/results: We build a stylized signaling game with a represe...
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作者:Pensamiento, Gabriel; Valdes, Leon
作者单位:Universidad Panamericana - Ciudad de Mexico; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要:Problem definition: Companies often rely on third-party social audits to assess suppliers' social responsibility (SR) practices. Empirical evidence suggests that these audits can often be too lenient and poor practices go unreported, particularly if the auditor feels beholden to the supplier. However, it is unclear how supplier involvement in selecting and paying auditors shapes these outcomes. Methodology/results: We design and conduct a novel incentivized experiment to study how a supplier c...
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作者:Astvansh, Vivek; Simpson, Joseph J.
作者单位:McGill University; McGill University; Indiana University System; Indiana University Bloomington; Indiana University System; Indiana University Bloomington; Virginia Polytechnic Institute & State University
摘要:Problem definition: A firm's stakeholders would benefit from a quantitative measure of the managerial disclosure of its operational risk and the implications of this disclosure. However, a quantitative and scalable measure of a firm's disclosed operational risk is unavailable. Thus, the firm's stakeholders remain unaware of its disclosed operational risk and the risk's implications. Methodology/results: U.S. law requires a public firm to textually disclose its operational and nonoperational ri...
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作者:Fu, Xingyu; Chen, Ningyuan; Gao, Pin; Li, Yang
作者单位:University of New South Wales Sydney; University of Toronto; The Chinese University of Hong Kong, Shenzhen; The Chinese University of Hong Kong, Shenzhen; Western University (University of Western Ontario)
摘要:Problem definition: Personalized product recommendations are crucial for online platforms but pose privacy risks. To address these concerns, we propose recommendation policies that adhere to differential privacy constraints. Methodology/results: We develop a theoretical model where the recommendation policy selects products based on consumers' preference rankings, learned from personal data. Unlike conventional recommendation policies that primarily focus on prospering from meeting consumer sa...
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作者:Lu, Wentao; Yu, Man
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; Hong Kong University of Science & Technology
摘要:Problem definition: Motivated by major e-commerce platforms' diverse practices in bestseller information provision, this paper examines consumers' learning, searching, and purchasing behavior under uncertainty about products' values, whereas a revenue-maximizing platform strategically decides whether and, if so, how to disclose products' past sales information to consumers. Methodology/results: We analyze a two-period Bayesian learning model that embeds consumers' sequential product search in ...
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作者:Yang, Yang; Sun, Qiuzhuang; Peng, Jimmy Chih-Hsien; Tang, Loon Ching; Ye, Zhisheng
作者单位:University of Macau; University of Macau; Singapore Management University; National University of Singapore; National University of Singapore
摘要:Problem definition: Normal operations of a power system require that alternating current frequency be maintained at a nominal value, for example, 50 Hz, whereas severe deviation from this value due to power deficiencies can cause cascading generator trips. Maintaining the frequency requires adequate inertia and frequency regulation reserve, which are primarily provided by online generators. In daily operations, generators due for preventive maintenance must be taken offline, and thus an improp...
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作者:Yang, Zhechao; Jang, Hongseok; Pan, Xiajun Amy
作者单位:George Mason University; Tulane University; State University System of Florida; University of Florida
摘要:Problem definition: Probabilistic selling (PS) is a novel selling strategy whereby consumers only know the exact product identity after the payment. By studying PS for vertically differentiated products in a supply chain consisting of one supplier and one retailer, we examine who should assemble the probabilistic products. We explore two cases, retailer assembly (RA) and supplier assembly (SA), analyzing the dynamics and implications within each. Methodology/results: Using game theory methodol...
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作者:Ding, Yichuan; Gupta, Diwakar; Zhou, Shenghai
作者单位:McGill University; University of Texas System; University of Texas Austin; Central South University
摘要:Problem definition: In the context of outpatient care, physicians often decide at the end of a consultation session whether to schedule follow-up appointments for patients with likely future needs. Those appointments are referred to as prioritized follow-up (PFU) appointments. We study mechanisms that encourage physicians to schedule the optimal quantity of PFUs, aiming to enhance continuity of care (COC), minimizing no-shows and late cancellations. Methodology/results: Utilizing both empirica...
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作者:Zeng, Zhiyu; Clyde, Nicholas; Dai, Hengchen; Zhang, Dennis J.; Xu, Zhiwei; Shen, Zuo-Jun Max
作者单位:Shanghai Jiao Tong University; State University System of Florida; Florida State University; University of California System; University of California Los Angeles; Washington University (WUSTL); University of Hong Kong; University of Hong Kong
摘要:Problem definition: As digitization transforms the service sector and empowers service platforms, questions arise about utilizing and disseminating customer information captured by digitization to enhance platform operations. We contribute by investigating how providing customer-related information at the start of a service encounter impacts both service supply and demand in the context of entertainment service platforms. Methodology/ results: We conducted a field experiment on a live-streamin...
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作者:Kim, Eunjee; Long, Xiaoyang; Tong, Jordan
作者单位:University of Wisconsin System; University of Wisconsin Madison
摘要:Problem definition: Many organizations face evidence of discrimination in their hiring and career advancement outcomes: underrepresentation of a group that cannot be explained by quality differences. Representation is generally the result of a funneling process through multiple stages. Therefore, policymakers seeking to intervene (typically by introducing regulations or incentives) must decide which stage to target. Moreover, stakeholders care about both representation and about the quality of...