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作者：Ashraf, Anik
作者单位：University of Munich
摘要：Performance ranking can trigger multiple social incentives for workers. On one hand, it offers status rewards to induce them to increase effort. On the other, better-ranked workers may reduce effort to conform to coworkers' productivity in fear of social retribution. This paper uses a field experiment in a sweater factory to disentangle the incentives underlying performance ranks. Treated workers receive ranks either privately or publicly. I find that private ranks do not have any effect on av...
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作者：Cont, Rama; Cucuringu, Mihai; Xu, Renyuan; Zhang, Chao
作者单位：University of Oxford; University of California System; University of California Los Angeles; University of Oxford; New York University; New York University Tandon School of Engineering; Hong Kong University of Science & Technology (Guangzhou)
摘要：The estimation of loss distributions for dynamic portfolios requires the simulation of scenarios representing realistic joint dynamics of their components. We propose a novel data-driven approach for simulating realistic, high-dimensional multiasset scenarios, focusing on accurately representing tail risk for a class of static and dynamic trading strategies. We exploit the joint elicitability property of Value-at-Risk and Expected Shortfall to design a Generative Adversarial Network that learn...
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作者：Belenzon, Sharon; Cioaca, Larisa
作者单位：Duke University; National Bureau of Economic Research; Tulane University
摘要：The U.S. government incentivizes firms to develop innovative technologies by awarding research and development (R&D) contracts that often carry an implicit promise of guaranteed demand. Firms that demonstrate strong technological capabilities are rewarded with noncompetitive production contracts for the resulting products and services. Using newly assembled data on $4.2 trillion in government procurement contracts from all federal agencies, matched to U.S. publicly traded firms, we document a ...
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作者：Lu, Tao; Tomlin, Brian
作者单位：University of Connecticut; Dartmouth College
摘要：A canonical setting in supply chain research is one in which a retailer sources a product, under a wholesale price contract, from a manufacturer that invests in capacity in advance of the retailer's order. When the retailer possesses private information about demand, it is well understood that credible cheap-talk communication is not possible absent considerations of trust or the reactive setting of the wholesale price. This understanding is based on the practice of demand information being sh...
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作者：Hillenbrand, Adrian; Hippel, Svenja
作者单位：Leibniz Association; Zentrum fur Europaische Wirtschaftsforschung (ZEW); Helmholtz Association; Karlsruhe Institute of Technology; University of Bonn
摘要：Rapid technological developments in online markets fundamentally change relationship between consumers and sellers. Online platforms can easily gather data consumers' search behavior, allowing for price discrimination. Therefore, product becomes a strategic choice. Consumers face a tradeoff: Search intensely and receive fit at a potentially higher price or restrict search behavior, be strategically inattentive, receive a worse fit but maybe a better deal. We study the resulting strategic buyer...
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作者：Lekwijit, Suparerk; Song, Hummy; Terwiesch, Christian; Chaiyachati, Krisda
作者单位：Arizona State University; Arizona State University-Tempe; University of Pennsylvania; University of Pennsylvania; Pennsylvania Medicine
摘要：Healthcare organizations have been adopting video visits as an alternative care channel that offers greater convenience and holds promise for improving patients' access to care. Despite the growing use, the impact of a new digital channel on care demand within existing physical channels has not been investigated in detail, especially in the primary care context of a traditional healthcare organization. We study a large healthcare system that made video visits available to a subset of its patie...
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作者：Jiao, Chuanya; Qi, Anyan; Chen, Jiayu
作者单位：Chinese Academy of Sciences; University of Science & Technology of China, CAS; University of Texas System; University of Texas Dallas; University of Oklahoma System; University of Oklahoma - Norman
摘要：Suppliers operating in developing economies may resort to compelling their workforce to engage in excessive overtime, resulting in severe physical and mental health issues for workers and the potential for significant damage to the brand image of multinational enterprises (MNEs) if these practices are exposed to the public. In this paper, we develop a game-theoretic model of a dyadic supply chain to analyze a manufacturer's operational strategies to combat the use of excessive overtime by a su...
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作者：Bansak, Kirk; Lee, Soonbong; Manshadi, Vahideh; Niazadeh, Rad; Paulson, Elisabeth
作者单位：University of California System; University of California Berkeley; Yale University; University of Chicago; Harvard University
摘要：Motivated by our collaboration with a major refugee resettlement agency in the United States, we study a dynamic matching problem where each new arrival (a refugee case) must be matched immediately and irrevocably to one of the static resources (a location with a fixed annual quota). In addition to consuming the static resource, each case requires postallocation service from a server, such as a translator. Given the time-consuming nature of service, a server may not be available at a given tim...
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作者：Johnson, Garrett A.; Lin, Tesary; Zhong, Liang; Cooper, James C.
作者单位：Boston University; University of Hong Kong; George Mason University
摘要：We examine how privacy restrictions affect online content creation and consumption by evaluating the impact of YouTube's settlement with the Federal Trade Commission over violating the Children's Online Privacy Protection Act. Under the settlement, YouTube limited personalization for made-for-kids (MFK) content starting in January 2020, and this included personalized ads and content engagement features such as subscriber notifications and playlists. We study the resulting impact on 5,066 top A...
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作者：Agarwal, Sumit; Ayyagari, Meghana; Cheng, Yuxi; Ghosh, Pulak
作者单位：National University of Singapore; George Washington University; University of Texas System; University of Texas at San Antonio; Indian Institute of Management (IIM System); Indian Institute of Management Bangalore
摘要：This paper examines how infrastructure development affects stock market participation in India using trading data from more than 13 million individuals. Using the phased rollout of a national road construction program as a natural experiment, we find that new road connections lead to significant increases in both trading activity and the number of investors. These effects are driven primarily by new market entrants and are most pronounced in rural and intermediately developed regions as well a...
