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作者：Huang, Yan; Singh, Param Vir; Ghose, Anindya
作者单位：University of Michigan System; University of Michigan; Carnegie Mellon University; New York University
摘要：We develop and estimate a dynamic structural framework to analyze the social-media content creation and consumption behavior of employees within an enterprise. We focus, in particular, on employees' blogging behavior. The model incorporates two key features that are ubiquitous in blogging forums: users face (1) a trade-off between blog posting and blog reading; and (2) a trade-off between work-related and leisure-related content. We apply the model to a unique data set comprising the complete ...
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作者：Brandts, Jordi; Groenert, Valeska; Rott, Christina
作者单位：Consejo Superior de Investigaciones Cientificas (CSIC); CSIC - Institut d'Analisi Economica (IAE); Barcelona School of Economics; Autonomous University of Barcelona; Autonomous University of Barcelona; Maastricht University
摘要：We conduct a laboratory experiment to study how advice by a more experienced and better-informed person affects an individual's entry into a real-effort tournament and the gender gap. Our experiment is motivated by the concerns raised by approaching the gender gap through affirmative action policies. Overall, advice improves the entry decision of subjects, in that forgone earnings due to wrong entry decisions go significantly down. The improvements are mainly driven by increased entry of stron...
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作者：Schipper, Burkhard C.
作者单位：University of California System; University of California Davis
摘要：We correlate competitive bidding and profits in symmetric independent private value first-price auctions with salivary testosterone, estradiol, progesterone, and cortisol in more than 200 subjects. Bids are significantly positively correlated and profits are significantly negatively correlated with basal salivary progesterone, but only for females who do not use hormonal contraceptives. Surprisingly, we have null findings for basal testosterone, estradiol, and cortisol for both males and femal...
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作者：de Bettignies, Jean-Etienne; Duchene, Anne
作者单位：Queens University - Canada; IPAG Business School; Drexel University
摘要：This paper examines the interaction between venture risk, product market competition, and the entrepreneur's choice between bank financing and venture capital (VC) financing. Under bank financing, a debt-type contract emerges as optimal, which allows the entrepreneur to retain full control of the venture and thus yields strong effort incentives, as long as the entrepreneur can service the debt repayment; however, this leads to liquidation in the case of default, making the venture's success qu...
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作者：Werner, Timothy
作者单位：University of Texas System; University of Texas Austin
摘要：This paper examines the role of firms' sociopolitical reputations, as proxied by their perceived engagement in socially responsible practices, in public policy makers' decisions to grant access in the policy-making process. I argue that policy makers' dependencies, motivations, and decision-making processes lead them to evaluate firms by using sociopolitical reputation as a differentiating heuristic. I hypothesize that firms that construct stronger sociopolitical reputations will be granted gr...
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作者：Chang, Wei-Shiun; Chen, Bo; Salmon, Timothy C.
作者单位：Humboldt University of Berlin; Southern Methodist University
摘要：In a procurement context, it can be quite costly for a buyer when the winning seller underestimates the cost of a project and then defaults on the project midway through completion. The average bid auction is one mechanism intended to help address this problem. This format involves awarding the contract to the bidder who has bid closest to the average of the bids submitted. We compare the performance of this mechanism with the standard low price mechanism to determine how successful the averag...
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作者：Amaldoss, Wilfred; Desai, Preyas S.; Shin, Woochoel
作者单位：Duke University; State University System of Florida; University of Florida
摘要：In using the generalized second-price (GSP) auction to sell advertising slots, a search engine faces several challenges. Advertisers do not truthfully bid their valuations, and the valuations are uncertain. Furthermore, advertisers are budget constrained. In this paper we analyze a stylized model of the first-page bid estimate (FPBE) mechanism first developed by Google and demonstrate its advantages in dealing with these challenges. We show why and when the FPBE mechanism yields higher profits...
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作者：Boyabatli, Onur
作者单位：Singapore Management University
摘要：This paper studies the supply management of a primary input, where this input gives rise to multiple products in fixed proportions. My objective is twofold. First, I study fixed proportions technology under demand uncertainty in comparison with the flexible and dedicated technologies. I show that fixed proportions technology has a cost-pooling value over dedicated technology, which is larger than the capacity-pooling value of flexible technology over dedicated technology. I identify the critic...
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作者：Goldfarb, Avi; McDevitt, Ryan C.; Samila, Sampsa; Silverman, Brian S.
作者单位：University of Toronto; Duke University; National University of Singapore
摘要：Examining changes in two different retail formats, we show that consumers alter their purchases depending on the retail environment. In both settings, the change in behavior coincides with a reduction in the interpersonal interaction required to complete a transaction. As such, we contend that the format changes reduced a social friction that would otherwise inhibit consumers due to an implicit cost associated with ordering certain items in social settings.
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作者：Lee, Young-Jin; Hosanagar, Kartik; Tan, Yong
作者单位：University of Denver; University of Pennsylvania; University of Washington; University of Washington Seattle
摘要：Online product ratings are widely available on the Internet and are known to influence prospective buyers. An emerging literature has started to look at how ratings are generated and, in particular, how they are influenced by prior ratings. We study the social influence of prior ratings and, in particular, investigate any differential impact of prior ratings by strangers (crowd) versus friends. We find evidence of both herding and differentiation behavior in crowd ratings wherein users' rating...
