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作者：Lu, Zhikun; Cui, Ruomeng; Sun, Tianshu; Wu, Lixia
作者单位：Emory University
摘要：Last-mile delivery, the most expensive stage of the shipment process, has become increasingly important in online retail, raising the strategic question of whether firms should outsource it to customers via pickup stations or offer home delivery. In this paper, we examine the economic value of last-mile delivery to inform this high-stakes decision. Partnering with Cainiao, Alibaba's logistics platform, we exploit a quasi-experiment where home delivery service was sequentially rolled out to pic...
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作者：Yuan, Di; Aseri, Manmohan; Ramasubbu, Narayan
作者单位：Auburn University System; Auburn University; University System of Maryland; University of Maryland College Park; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要：Seeking value from artificial intelligence (AI) technologies, firms are rapidly deploying them to augment employees and improve business performance. The diffusion of AI into a firm's business processes affords the tracking of task actions performed by high-performing employees and the codification of best practices into recommendation systems and training programs. The rising trend in AI deployment reveals managers' expectations that AI-facilitated knowledge transfer would elevate overall fir...
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作者：Schnier, Johanna; Raasch, Christina; Schweisfurth, Tim
作者单位：Copenhagen Business School; Bocconi University; Bocconi University; Kuhne Logistics University; Leibniz Association; Institut fur Weltwirtschaft an der Universitat Kiel (IFW); Hamburg University of Technology
摘要：Organizations rely on their employees to produce many high-quality ideas for the improvement of products, processes, and strategies. Evaluators such as managers and technical experts need to not only assess these ideas but also face expectations to contribute ideas of their own. We investigate this task duality by asking how idea evaluation activities affect evaluators' ideation performance. Although much of the creativity and innovation literature points to a crowding-out effect, some theoret...
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作者：Agarwal, Sumit; Chau, Kwong Wing; Hu, Maggie Rong; Wan, Wayne Xinwei
作者单位：National University of Singapore; University of Hong Kong; City University of New York (CUNY) System; Baruch College (CUNY); Monash University
摘要：Hong Kong introduced a Tobin property tax-the Special Stamp Duty (SSD)- in 2010, which substantially increased the selling costs of short-term residential property holders. This study examines the effectiveness of this Tobin tax in curbing speculation and cooling down the housing market. We find that the SSD effectively curtails flippers who hold homes for less than two years and reduces their market presence from 23.2% in 2009% to 2.4% in 2011 and 0.9% in 2013. However, one year after impleme...
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作者：Godes, David
作者单位：Johns Hopkins University
摘要：We study the impact of truthful revelation mechanisms, like fact checking, on the incentives for media outlets to produce misinformation. The existing literature suggests that such interventions will always reduce this incentive. In this paper, we consider a context in which consumers benefit both, and to varying degrees, from the truth contained in news reports and from sharing, discussing, and reacting to news stories that, independent of their truthful content, reinforce and enhance their s...
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作者：Bossaerts, Peter; Fattinger, Felix; Van Den Bogaerde, Frans; Yang, Wenhao
作者单位：University of Cambridge; University of North Carolina; University of North Carolina Charlotte
摘要：A key assumption of dynamic asset pricing theory is that agents have perfect foresight: for all future contingencies, they correctly foresee the corresponding equilibrium prices. Is it possible for prices to still reflect perfect foresight even if agents have imperfect foresight? We answer affirmatively, provided agents exhibit a mild form of narrow framing, which we refer to as dynamic narrow framing: while accounting for future endowments, agents ignore retrading opportunities. This behavior...
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作者：Zorc, Saga; Chick, Stephen E.; Hasija, Sameer
作者单位：University of Virginia; INSEAD Business School; INSEAD Business School
摘要：Outcomes-based reimbursement rewards health providers with better health outcomes with higher payments. Such reimbursement policies require several design choices, including the type of contract (e.g., capitation or fee-for-service), measure (e.g., population-or provider-level outcomes), and whether to contract with individual providers or larger groups. We explore which outcomes-based reimbursement policies may be vulnerable to potentially illegal collusion, and whether collusion issues can b...
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作者：Liu, Huihui; Song, Haotian; Xiao, Wenqiang
作者单位：Beihang University; Zhejiang University; New York University
摘要：This paper investigates credit guarantees in a supply chain setting involving a supplier, a capital-constrained buyer, and a bank. We find that under complete information, credit guarantees increase order quantities but paradoxically raise wholesale prices, overall rendering the credit guarantee not useful for improving the operational efficiency. However, under information asymmetry, either a partial or full guarantee emerges in equilibrium, with the wholesale price maintained at its optimal ...
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作者：Zhang, Hong; Wang, Hongchang; Mehra, Amit; Zheng, Zhiqiang (Eric)
作者单位：University of Arizona; University of Arizona; University of Texas System; University of Texas Dallas
摘要：A common challenge faced by two-sided marketplaces is to expand the market while ensuring satisfactory matching of the two sides. We study a new platform growth strategy that increases market thickness with free entry while allowing suppliers to discretionarily signal product quality to buyers, thus forming a tiered market structure that maintains matching performance. We consider such an example with nonfungible token (NFT) markets where suppliers could choose to delay the entry cost of the N...
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作者：He, Cheng; Li, Zhuoxin
作者单位：University of Wisconsin System; University of Wisconsin Madison
摘要：One in 10 U.S. households experience food insecurity, with millions of lowincome families lacking access to fresh food. In response, federal and state governments recently launched the Supplemental Nutrition Assistance Program (SNAP) Online Purchasing Pilot (SNAP Online), enabling SNAP benefits to cover online food purchases. Although prior research suggests that the SNAP Online program may increase overall food consumption, its impact on fresh food consumption remains unclear. This research l...
