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作者:Moon, Ken; Bimpikis, Kostas; Mendelson, Haim
作者单位:University of Pennsylvania; Stanford University
摘要:Online retail reduces the costs of obtaining information about a product's price and availability and of flexibly timing a purchase. Consequently, consumers can strategically time their purchases, weighing the costs of monitoring and the risk of inventory depletion against prospectively lower prices. At the same time, firms can observe and exploit their customers' monitoring behavior. Using a data set tracking customers of a North American specialty retail brand, we present empirical evidence ...
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作者:Piccolo, Salvatore; Tedeschi, Piero; Ursino, Giovanni
作者单位:University of Bergamo; Catholic University of the Sacred Heart
摘要:We study a simple game in which two sellers supply goods whose quality cannot be assessed by consumers even after consumption but can be verified with some probability by a public authority. Sellers may induce a prospective buyer into a bad purchase through comparative deceptive advertising. The central contribution of this paper is the characterization of a class of pooling equilibria in which low-quality sellers deceive a buyer who is Bayes-rational and makes a purchase decision on the basis...
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作者:Staats, Bradley R.; Kc, Diwas S.; Gino, Francesca
作者单位:University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine; Emory University; Harvard University
摘要:Many models in operations management involve dynamic decision making that assumes optimal updating in response to information revelation. However, behavioral theory suggests that rather than updating their beliefs, individuals may persevere in their prior beliefs. In particular, we examine how individuals' prior experiences and the experiences of those around them alter their belief perseverance in operational decisions after the revelation of negative news. We draw on an exogenous announcemen...
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作者:Ozer, Ozalp; Subramanian, Upender; Wang, Yu
作者单位:University of Texas System; University of Texas Dallas; California State University System; California State University Long Beach
摘要:In many market settings, a customer often obtains assistance from a supplier (or service provider) to make better-informed decisions regarding the supplier's product (or service). Because the two parties often have conflicting pecuniary incentives, customer trust and supplier trustworthiness play important roles in the success of these interactions. We investigate whether and how the process through which assistance is provided can foster trust and trustworthiness, and thus facilitate better c...
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作者:Serio, Luigi; Tedeschi, Piero; Ursino, Giovanni
作者单位:Catholic University of the Sacred Heart; Catholic University of the Sacred Heart
摘要:The business model of low-cost carriers is now well established and accounts for a large share of Western civil aviation, particularly in Europe. To understand why it has proven so successful, we develop a theoretical model that exploits the two-sided nature of flights as connectors of supply and demand for goods and services other than traveling itself across physical space. Carriers offer flights of different quality and may sign agreements with suppliers of goods and services at the destina...
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作者:Bernard, Carole; Rheinberger, Christoph M.; Treich, Nicolas
作者单位:Grenoble Ecole Management; Vrije Universiteit Brussel; European Chemicals Agency; Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics; INRAE; Universite de Toulouse; Universite Toulouse 1 Capitole
摘要:Catastrophe aversion and risk equity are important concepts both in risk management theory and practice. Keeney [Keeney RL (1980) Equity and public risk. Oper. Res. 28(3):527-534] was the first to formally define these concepts. He demonstrated that the two concepts are always in conflict. Yet his result is based on the assumption that individual risks are independent. It has therefore limited relevance for real-world catastrophic events. We extend Keeney's result to dependent risks and derive...
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作者:Graddy, Kathryn; Lieberman, Carl
作者单位:Brandeis University; Princeton University
摘要:Does creativity, on average, increase or decrease during bereavement? Dates of death of relatives and close friends of 33 French artists and 15 American artists were gathered from electronic sources and biographies, and information on over 15,000 paintings was collected from the Blouin Art Sales Index and the online collections of the Metropolitan Museum of Art, the Art Institute of Chicago, the National Gallery of Art, the J. Paul Getty Museum, and the Musee d'Orsay, including more than 12,00...
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作者:Cheong, Foong Soon; Thomas, Jacob
作者单位:New York University; NYU Shanghai; Yale University
摘要:We document substantial management of reported and forecast earnings per share (EPS) for analyst-followed U.S. firms, with the extent of management increasing with share price. Managers smooth the volatility of reported EPS by using accruals to offset cash flow shocks. Smoother EPS is easier to forecast, resulting in smaller forecast errors. Managers also differentially guide forecasts to improve accuracy. Whereas unmanaged forecast errors are much larger for high-price firms, they are compres...
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作者:Leibbrandt, Andreas; Wang, Liang Choon; Foo, Cordelia
作者单位:Monash University; Monash University
摘要:This study experimentally investigates gender quotas in light of peer review. We investigate competitions with and without gender quotas and a peer review process that allows for sabotage. Our findings show that the possibility of peer sabotage renders the gender quota ineffective in encouraging women to enter tournaments. Moreover, we provide evidence of a severe backlash against women, as they become targets of sabotage under gender quotas. Interestingly, this is the result of women focusing...
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作者:Kleinbaum, Adam M.
作者单位:Dartmouth College
摘要:Whereas most research on network evolution has focused on the role of interaction opportunities in the formation of new ties, this paper addresses tie decay choices. When the opportunity structure gets reorganized, social actors make choices about which ties to retain and which to allow to decay, informed by their past experience of the tie. I argue that, conditional on changes in opportunity, people (especially those with Machiavellian personalities) choose to retain ties to valuable contacts...