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作者:Gershkov, Alex; Moldovanu, Benny; Strack, Philipp
作者单位:Hebrew University of Jerusalem; Hebrew University of Jerusalem; University of Surrey; University of Bonn; University of California System; University of California Berkeley
摘要:We show that appropriate dynamic pricing strategies can be used to draw benefits from the presence of consumers who strategically time their purchase even if the arrival process is not known. In our model, a seller sells a stock of objects to a stream of randomly arriving long-lived agents. Agents are privately informed about their values, and about their arrival time to the market. The seller needs to learn about future demand from past arrivals. We characterize the revenue-maximizing direct ...
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作者:Laux, Christian; Loranth, Gyoengyi; Morrison, Alan D.
作者单位:Vienna University of Economics & Business; University of Vienna; University of Oxford
摘要:We study the effect that internal information systems have on a firm's leverage and corporate governance choices. Information systems lower governance costs by facilitating more targeted interventions. But they also generate asymmetric information between firms and their investors. As a result, firms may attempt to signal their superior quality by assuming more leverage. In some circumstances, this can reduce governance incentives and result in inferior outcomes. Investors anticipate this effe...
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作者:Lu, Susan F.; Rui, Huaxia; Seidmann, Abraham
作者单位:Purdue University System; Purdue University; University of Rochester
摘要:Over the past 10 years, many healthcare organizations have made significant investments in automating their clinical operations, mostly through the introduction of advanced information systems. Yet the impact of these investments on staffing is still not well understood. In this paper, we study the effect of information technology (IT)enabled automation on staffing decisions in healthcare facilities. Using unique nursing home IT data from 2006 to 2012, we find that the licensed nurse staffing ...
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作者:Cubitt, Robin; McDonald, Rebecca; Read, Daniel
作者单位:University of Nottingham; University of Nottingham; University of Warwick
摘要:Unimodal intertemporal decisions involve comparing options of the same type (e.g., apples now versus apples later), and cross-modal decisions involve comparing options of different types (e.g., a car now versus a vacation later). As we show, existing models of intertemporal choice do not allow time preference to depend on whether the comparisons to be made are unimodal or cross-modal. We test this restriction in an experiment using the delayed compensation method, a new extension of the standa...
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作者:Kessler, Judd B.; Milkman, Katherine L.
作者单位:University of Pennsylvania; University of Pennsylvania
摘要:How does priming identity affect charitable giving? We show that individuals are more likely to donate when a facet of their identity associated with a norm of generosity is primed in an appeal. In large charitable giving field experiments run by the American Red Cross, appeals that prime an individual's identity as a previous donor to the charity or as a member of a local community generate more donations. The primes are more effective when they highlight a facet of the potential donor's iden...
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作者:Pasiouras, Fotios
作者单位:Technical University of Crete; University of Surrey
摘要:Using a data set of approximately 3,000 commercial banks from more than 100 countries, I examine the impact of financial consumer protection policies on the cost of financial intermediation. I find evidence that the existence of internal mechanisms for handling complaints, requirements for fair treatment, supervisory power related to consumer protection, and various disclosure requirements reduce the cost of financial intermediation in advanced countries. The results are different in the case ...
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作者:Lin, Mingfeng; Liu, Yong; Viswanathan, Siva
作者单位:University of Arizona; University of Arizona; University System of Maryland; University of Maryland College Park
摘要:This study examines the effects of reputation in the nascent but rapidly growing online labor markets. In these markets, contract winners (vendors) provide clients with customized products such as computer software, business plans, and artistic designs. The products are used primarily for business purposes and require time for production after project-specific contracts are awarded. These characteristics render it unclear whether online reputation will have similar effects as in online retaili...
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作者:de Matos, Miguel Godinho; Ferreira, Pedro; Smith, Michael D.
作者单位:Universidade Catolica Portuguesa; Carnegie Mellon University; Carnegie Mellon University
摘要:We partner with a major multinational telecommunications provider to analyze the effect of subscription video-on-demand (SVoD) services on digital piracy. For a period of 45 consecutive days, a group of randomly selected households who used BitTorrent in the past were gifted with a bundle of TV channels with movies and TV shows that could be streamed as in SVoD. We find that, on average, households that received the gift increased overall TV consumption by 4.6% and reduced Internet downloads a...
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作者:Fazli, Amir; Sayedi, Amin; Shulman, Jeffrey D.
作者单位:University of Washington; University of Washington Seattle
摘要:Web-based firms often rely on cloud-based computational resources to serve customers, but the number of customers they will serve is rarely known at the time of product launch. A recent innovation in cloud computing, known as autoscaling, allows companies to automatically scale their computational load up or down to match customer demand. We build a game theory model to examine how autoscaling will affect firms' decisions to enter a new market and the resulting equilibrium prices, profitabilit...
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作者:Beer, Ruth; Ahn, Hyun-Soo; Leider, Stephen
作者单位:Indiana University System; IU Kelley School of Business; Indiana University Bloomington; University of Michigan System; University of Michigan
摘要:The relationship between a buyer and its suppliers often relies on factors beyond the terms of a contractual agreement. Buyers can therefore benefit from identifying trustworthy suppliers. We argue that precontractual actions by a supplier, for example making costly buyer-specific investments without a long-term contract, can signal a supplier's trustworthiness. We develop a theoretical model to reflect supplier trustworthiness, and determine when a buyer can benefit from identifying trustwort...