Management Science

最新文章

• The Foreign Investor Bias and Its Linguistic Origins AI翻译
  作者：Lundholm, Russell; Rahman, Nafis; Rogo, Rafael
  作者单位：University of British Columbia; University of Hong Kong; Indiana University System; Indiana University Bloomington; IU Kelley School of Business
  摘要：We study how misaligned language between the investor and the firm contributes to the underweighting of foreign securities in an international portfolio. In particular, we document a significant U.S. institutional investor bias against firms located in Quebec relative to firms located in the rest of Canada (ROC). The differential bias is surprising given that (i) Quebec and the other Canadian provinces share the same nationality, federal law, stock exchange, and accounting standards; (ii) thei...
• Conglomerate Industry Choice and Product Language AI翻译
  作者：Hoberg, Gerard; Phillips, Gordon
  作者单位：University of Southern California; Dartmouth College; National Bureau of Economic Research
  摘要：We analyze the words that firms use to describe their products so we can examine the determinants of which industries conglomerate firms operate within. Our central finding is that multiple-industry firms operate across industries with higher product language overlap. Multiple-industry firms also avoid industries with more distinct language boundaries and those with more specialized within-industry language. We also find evidence linking these results to specific synergies such as potential en...
• Designing Incentive Systems for Truthful Forecast Information Sharing Within a Firm AI翻译
  作者：Scheele, Lisa M.; Thonemann, Ulrich W.; Slikker, Marco
  作者单位：University of Cologne; Eindhoven University of Technology
  摘要：We consider a firm where the sales division (SALES) is responsible for demand forecasting and the operations division (OPERATIONS) is responsible for ordering. SALES has better information about the demand than OPERATIONS and sends a nonbinding demand forecast to OPERATIONS. To incentivize truthful information sharing, we include a forecast error penalty in the incentive system of SALES. Besides monetary payoffs, we also add behavioral factors to the utility function of SALES. We model the set...
• Innovation, Openness, and Platform Control AI翻译
  作者：Parker, Geoffrey; Van Alstyne, Marshall
  作者单位：Dartmouth College; Boston University
  摘要：Suppose that a firm in charge of a business ecosystem is a firm in charge of a microeconomy. To achieve the highest growth rate, how open should that economy be? To encourage third-party developers, how long should their intellectual property interests last? We develop a sequential innovation model that addresses the trade-offs inherent in these two decisions: (i) Closing the platform increases the sponsor's ability to charge for access, while opening the platform increases developer ability t...
• Unfair Pay and Health AI翻译
  作者：Falk, Armin; Kosse, Fabian; Menrath, Ingo; Verde, Pablo E.; Siegrist, Johannes
  作者单位：University of Bonn; University of Bonn; University of Lubeck; Heinrich Heine University Dusseldorf; Heinrich Heine University Dusseldorf
  摘要：This paper investigates physiological responses to perceptions of unfair pay. We use an integrated approach that exploits complementarities between controlled laboratory and representative panel data. In a simple principal-agent experiment, agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. Throughout the experiment we record agents' heart rate variability, which is an indicator of stress-related impaired ca...
• A Partial-Order-Based Model to Estimate Individual Preferences Using Panel Data AI翻译
  作者：Jagabathula, Srikanth; Vulcano, Gustavo
  作者单位：New York University; Universidad Torcuato Di Tella; Consejo Nacional de Investigaciones Cientificas y Tecnicas (CONICET)
  摘要：In retail operations, customer choices may be affected by stockout and promotion events. Given panel data with the transaction history of customers, and product availability and promotion data, our goal is to predict future individual purchases. We use a general nonparametric framework in which we represent customers by partial orders of preferences. In each store visit, each customer samples a full preference list of the products consistent with her partial order, forms a consideration set, a...
• Individual Differences in Correspondence Bias: Measurement, Consequences, and Correction of Biased Interpersonal Attributions AI翻译
  作者：Scopelliti, Irene; Min, H. Lauren; McCormick, Erin; Kassam, Karim S.; Morewedge, Carey K.
  作者单位：University of London; City St Georges, University of London; University of Colorado System; University of Colorado Boulder; Carnegie Mellon University; Boston University
  摘要：Across consequential attributions of attitudes, ability, emotions, and morality, people make correspondent inferences. People infer stable personality characteristics from others' behavior, even when that behavior is caused by situational factors. We examined the structure of correspondent inferences and report the development and validation of an instrument measuring individual differences in this correspondence bias (a Neglect of External Demands scale, or NED). The NED is internally consist...
• Resource Pooling and Allocation Policies to Deliver Differentiated Service AI翻译
  作者：Zhong, Yuanguang; Zheng, Zhichao; Chou, Mabel C.; Teo, Chung-Piaw
  作者单位：South China University of Technology; Singapore Management University; National University of Singapore
  摘要：Resource pooling strategies have been widely used in industry to match supply with demand. However, effective implementation of these strategies can be challenging. Firms need to integrate the heterogeneous service level requirements of different customers into the pooling model and allocate the resources (inventory or capacity) appropriately in the most effective manner. The traditional analysis of inventory pooling, for instance, considers the performance metric in a centralized system and d...
• Aeromedical Battlefield Evacuation Under Endogenous Uncertainty in Casualty Delivery Times AI翻译
  作者：Lejeune, Miguel A.; Margot, Francois
  作者单位：George Washington University; Carnegie Mellon University
  摘要：We propose a new medical evacuation (MEDEVAC) model with endogenous uncertainty in the casualty delivery times. The goal is to provide timely evacuation and medical treatment to injured soldiers. The model enforces the Golden Hour evacuation doctrine, attempts to maximize the expected number of severely injured soldiers evacuated within one hour without delay, and represents the availability of air ambulances as an endogenous source of uncertainty. The MEDEVAC model is a mixed-integer nonlinea...
• Workload Management in Telemedical Physician Triage and Other Knowledge-Based Service Systems AI翻译
  作者：Saghafian, Soroush; Hopp, Wallace J.; Iravani, Seyed M. R.; Cheng, Yao; Diermeier, Daniel
  作者单位：Harvard University; University of Michigan System; University of Michigan; Northwestern University; University of Chicago
  摘要：Telemedical physician triage (TPT) is an example of a hierarchical knowledge-based service system (HKBSS) in which a second level of decision agent (telemedical physician) renders a decision on cases referred to him or her by the primary level agents (triage nurses). Managing the speed-versus-quality trade-off in such systems presents a unique challenge because of the interplay between agent knowledge and flow of work between the two levels. We develop a novel model of agent knowledge, based o...