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作者:King, Gregory J.; Chao, Xiuli; Duenyas, Izak
作者单位:Gap Inc.; University of Michigan System; University of Michigan; University of Michigan System; University of Michigan
摘要:The rising cost of prescription drugs is a concern in the United States. To manage drug costs, insurance companies induce patients to choose less-expensive medications by making them pay higher copayments for more-expensive drugs, especially when multiple drug options are available to treat a condition. However, drug manufacturers have responded by offering copay coupons-coupons intended to be used by those already with prescription drug coverage. Recent empirical work has shown that such coup...
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作者:Rao, Ram; Turut, Ozge
作者单位:University of Texas System; University of Texas Dallas; Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick
摘要:The mere preannouncement of a new product can affect consumer choice, thus complicating preannouncement strategy. This is because a preannounced product that is unavailable immediately can still be one of the alternatives in a consumer's mind at the time of choice. Such unavailable products, also known as phantom products, influence the reference point that consumers compare alternatives to when making a choice, as has been widely demonstrated in experimental studies. Thus, in addition to enco...
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作者:Belo, Rodrigo; Ferreira, Pedro; de Matos, Miguel Godinho; Reis, Filipa
作者单位:Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; Carnegie Mellon University; Carnegie Mellon University; Universidade Catolica Portuguesa
摘要:In this paper we study the impact of time shifting on TV consumption and ad viewership. We analyze the results of a field experiment in which a random sample of triple-play households were given a set of premium TV channels broadcasting popular movies and TV shows without commercial breaks. A random subset of these households were given access to these channels with time shifting (automated cloud recording for later viewing or rewinding of broadcasted programs), while the remainder were not. T...
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作者:Khabazian, Aein; Peng, Jiming
作者单位:University of Houston System; University of Houston
摘要:Since the financial crisis in 2007-2008, the vulnerability of a financial system has become a major concern in financial engineering. In this paper, we analyze the vulnerability of a financial network based on the linear optimization model introduced by Eisenberg and Noe [Eisenberg L, Noe TH (2001) Systemic risk in financial systems. Management Sci. 47(2):236-249.], in which the right-hand side of the constraints is subject to market shock and only limited information regarding the liability m...
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作者:Basu, Amit; Bhaskaran, Sreekumar; Mukherjee, Rajiv
作者单位:Southern Methodist University
摘要:Compared to offline matching markets, online matching platforms improve search in the matching process but at the same time increase the problem of authenticating the features and credentials of prospective matches. This paper examines the interplay between these two processes in online matching, using game-theoretic models. We examine whether an online matching platform should target a broad market of match-seekers or an exclusive group of high-value match-seekers, and how the platform should...
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作者:Feldhaus, Christoph; Sobotta, Tassilo; Werner, Peter
作者单位:University of Cologne; Martin Luther University Halle Wittenberg; Maastricht University
摘要:We investigate behavioral reactions toward exogenous changes of implicit norm-relevant information in a natural field setting where customers are free to choose if and how much to pay for a service. Customers' voluntary payments are significantly affected by subtle information cues: cues that signal a high rather than a low payment norm increase payments by some 27%. Consistent with the conjecture that this effect is in large part driven by customers' uncertainty about the actual norm, respons...
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作者:Crama, Pascale; Sting, Fabian J.; Wu, Yaozhong
作者单位:Singapore Management University; University of Cologne; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; National University of Singapore
摘要:Companies struggle with timely project execution despite employing sophisticated management methods. Although help across projects is critical for time performance, it has not been explicitly incorporated into project management ( PM) systems. We model a PM system, based on an innovative real-life practice, that both incorporates and shapes project managers' helping behavior. A help process is at the core of this system, in which project managers may ask for and provide help while top manageme...
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作者:Inderst, Roman; Shaffer, Greg
作者单位:Goethe University Frankfurt; University of Rochester
摘要:The channel-coordination literature typically focuses on how a supplier can overcome channel inefficiencies stemming from misaligned pricing incentives. In contrast, we show that when an incumbent supplier faces competition from other suppliers to supply the downstream firms, it may want to create inefficiencies. Our analysis offers useful prescriptions for how incumbent suppliers should react to competitive threats by smaller competitors, how manufacturers should react to powerful retailers w...
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作者:Cao, Jie; Liang, Hao; Zhan, Xintong
作者单位:Chinese University of Hong Kong; Singapore Management University
摘要:We investigate how firms react to their product-market peers' commitment to and adoption of corporate social responsibility (CSR) using a regression discontinuity design approach. Relying on the passage or failure of CSR proposals by a narrow margin of votes during shareholder meetings, we find the passage of a close-call CSR proposal and its implementation are followed by the adoption of similar CSR practices by peer firms. In addition, peers that have greater difficulty in catching up with t...
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作者:Kvaloy, Ola; Olsen, Trond E.
作者单位:Universitetet i Stavanger; Norwegian School of Economics (NHH)
摘要:We analyze relational contracts between a principal and a set of risk-neutral agents whose outputs are correlated. When only the agents' aggregate output can be observed, a team incentive scheme is shown to be optimal, where each agent is paid a bonus for aggregate output above a threshold. We show that the efficiency of the team incentive scheme depends on the way in which the team members' outputs are correlated. The reason is that correlation affects the variance of total output and thus, t...