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作者：Li, Yufeng; Meng, Juanjuan; Song, Changcheng; Zheng, Kai
作者单位：Capital Medical University; Peking University; Singapore Management University; University of California System; University of California Irvine
摘要：Will individuals, especially high-risk individuals, avoid a disease test because of information avoidance? We conduct a field experiment to investigate this issue. We vary the price of a diabetes test (price experiment) and offer both a diabetes test and a cancer test (disease experiment) after eliciting participants' subjective beliefs about their disease risk. We find evidence that, first, some people avoid the test even when there is neither a monetary nor a transaction cost, and second, bo...
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作者：Ransbotham, Sam; Overby, Eric M.; Jernigan, Michael C.
作者单位：Boston College; University System of Georgia; Georgia Institute of Technology; Harvard University; Harvard University Medical Affiliates; Massachusetts General Hospital; Harvard University; Harvard Medical School
摘要：Information systems generate copious trace data about what individuals do and when they do it. Trace data may affect the resolution of lawsuits by, for example, changing the time needed for legal discovery. Trace data might speed resolution by clarifying what events happened when, or they might slow resolution by generating volumes of new and potentially irrelevant data that must be analyzed. To investigate this, we analyze the effect of electronic medical records (EMRs) on malpractice claim r...
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作者：Akkus, Oktay; Cookson, J. Anthony; Hortacsu, Ali
作者单位：University of Colorado System; University of Colorado Boulder; University of Chicago
摘要：Using a tractable structural model of the matching equilibrium between underwriters and equity-issuing firms, we study the determinants of value in underwriter-firm relationships. Our estimates imply that high underwriter prestige is associated with 5.3%-14.1% greater equilibrium surplus. According to the structural model, high prestige exhibits a significant certification effect throughout the sample (1985-2010), but there is also a countervailing effect of underwriter prestige that reflects ...
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作者：Nalebuff, Barry
作者单位：Yale University
摘要：The Nash axioms lead to different results depending on whether the negotiation is framed in terms of gains relative to no agreement or in terms of sacrifices relative to an ideal. We look for a solution that leads to the same result from both perspectives. To do so, we restrict the application of Nash's IIA axiom to bargaining sets where all options are individually rational and none exceed either party's ideal point. If we normalize the bargaining set so that the disagreement point is (0, 0) ...
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作者：Arnold, Markus; Elsinger, Florian; Rankin, Frederick W.
作者单位：University of Bern; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Colorado State University System; Colorado State University Fort Collins
摘要：This study investigates how headquarters' involvement affects the efficiency of transfer price negotiations. Although prior research explores autonomous transfer price negotiations, evidence suggests that headquarters can become involved in these negotiations, particularly after they fail. Although the likely intention of headquarters' involvement is to overcome inefficiencies arising from decentralized managers' inability to agree on a transfer price, we suggest that such involvement can redu...
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作者：Aydogan, Ilke
摘要：Prior beliefs and their updating play a crucial role in decisions under uncertainty, and theories about them have been well established in classical Bayesianism. Yet, they are almost absent for ambiguous decisions from experience. This paper proposes a new decision model that incorporates the role of prior beliefs, beyond the role of ambiguity attitudes, into the analysis of such decisions. Hence, it connects ambiguity theories, popular in economics, with decision from experience, popular (mos...
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作者：Cooper, David J.; Saral, Krista; Villeval, Marie Claire
作者单位：State University System of Florida; Florida State University; University of East Anglia; University of North Carolina; University of North Carolina Charlotte; Centre National de la Recherche Scientifique (CNRS); Ecole Normale Superieure de Lyon (ENS de LYON); Universite Claude Bernard Lyon 1; Universite Jean Monnet; Universite Lyon 2; Centre National de la Recherche Scientifique (CNRS); Ecole Normale Superieure de Lyon (ENS de LYON); Universite Claude Bernard Lyon 1; Universite Jean Monnet; Universite Lyon 2; CNRS - Institute for Humanities & Social Sciences (INSHS); IZA Institute Labor Economics
摘要：We present experiments exploring why high ability workers join teams with less able coworkers when there are no short-term financial benefits. We distinguish between two explanations: prosocial preferences and expected long-term financial gains from teaching future teammates. Participants perform a real-effort task and decide whether to work independently or join a two-person team. Treatments vary the payment scheme (piece rate or revenue sharing), whether teammates can communicate, and the ro...
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作者：Wager, Stefan; Xu, Kuang
作者单位：Stanford University
摘要：Classical approaches to experimental design assume that intervening on one unit does not affect other units. There are many important settings, however, where this noninterference assumption does not hold, as when running experiments on supply-side incentives on a ride-sharing platform or subsidies in an energy marketplace. In this paper, we introduce a new approach to experimental design in large-scale stochastic systems with considerable cross-unit interference, under an assumption that the ...
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作者：Hsee, Christopher K.; Zeng, Ying; Li, Xilin; Imas, Alex
作者单位：University of Chicago; University of Toronto
摘要：This research studies a resource pool-choice dilemma, in which a group of resource seekers independently choose between a larger pool containing more resources and a smaller pool containing fewer resources, knowing that the resources in each pool will be divided equally among its choosers, so that the more (fewer) people choose a certain pool, the fewer (more) resources each of them will get. This setting corresponds to many real world situations, ranging from students choosing majors as a fun...
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作者：Joia-Sanchez, Andres F.; Serpa, Juan Camilo
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; McGill University
摘要：Using data from 38,916 businesses in war-torn Colombia and from 5,138 attacks by the two rebel groups, FARC and ELN, we study how firms manage inventory during civilwar. We obtain exogenous variation in the conflict intensity via a differencein-differences model, which hinges on the peace process between Colombia's government and FARC. Relying on this identification strategy, we hypothesize and show that war causes two effects on firm-level inventories. First, it leads firms to replace physica...
